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Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
RT @PresidencyZA: President @CyrilRamaphosa hands the #BlackIndustrialists Excellence Award in the category #JobCreator to Kabokedi and Mohโฆ — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
We are leveraging state spend and capacity to unlock the industrial potential that exists within black-owned businesses & have prioritised the need to support #BlackIndustrialists operating in key sectors of the economy by providing financial and non-financial assistance. https://t.co/dB8uX60xj3 — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
We are creating several pathways for #BlackIndustrialists to enter strategic and targeted industrial sectors of the economy. https://t.co/9z3X7ggEJA — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
Working together, we can grow this economy, create jobs and ensure that no-one is left behind. It is my pleasure to declare this inaugural Black Industrialists Conference open, and wish you fruitful deliberations. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
Established business needs to understand that transformation is vital for sustained growth and that it is in everyoneโs interests that the substantial capabilities of the private sector are mobilised to support broad-based black economic empowerment. https://t.co/LWmBbE47dT — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
I am pleased that exporting by black industrialists is one of the themes of this conference. — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
Our vision for the future of black economic empowerment will build on our successes, learn from shortcomings, and must be agile in response to the realities of the national and global economies. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
As government, we want to pledge our support to the endeavours of black and women entrepreneurs. ย We also want to challenge South African business to play its part. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
What support can the IDC and other government entities offer to black industrialist and black entrepreneurship projects funded by the private sector, whether in the form of guarantees or other instruments? https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
At this conference, we need to come up with solutions to the challenges facing black entrepreneurs. How, for example, can the private sector scale up mentoring so emerging black business men and women do not find themselves set up for failure? ย #BIEC https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
We are currently engaged in consultations with social partners on these measures, and will soon be able to announce a package of measures that provides an effective response to our energy crisis. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
That is why I have brought together all relevant departments and entities to work on an integrated set of measures to add additional power to the grid in the shortest possible time. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
We have done much over the last four years to transform the countryโs energy landscape and bring new generation capacity online. But that is not enough. And we need to move faster. ย https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
Like every other actor in the economy, black industrialists can simply not grow without a reliable supply of affordable energy. That is a reality. — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
In particular, we need to act decisively and urgently to end the load shedding that is causing such damage to our economy and such disruption to our society. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
These reforms are all necessary if we are to create conditions that enable black industrialists to emerge, to grow and to flourish. — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
We need to discuss the far-reaching reforms we are taking in telecommunications, energy and water to improve the competitiveness of our economy and reduce the cost of doing business. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
We need to talk about the inefficiencies in the economy that affect established and emerging businesses alike. We should be discussing the steps we have taken โ and still need to take โ to significantly improve the state of our ports, rail lines & roads. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
We need to talk about private sector procurement, about value chains, about access to financing for emerging black business and about how existing systems militate against emerging black business. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
We want concrete proposals on how to leverage both capacity and resources from across society. We want a frank conversation about impediments to the expansion of black business, not just from government, but from the private sector as well. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
What we want to see from this conference is the makings of a new, improved trajectory for broad-based black economic empowerment. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
While we are here to deliberate on learnings from the Black Industrialists Programme and other initiatives, this conference is also about shifting the transformation agenda into higher gear. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
But 28 years into democracy, there are still barriers preventing black entrepreneurs from meaningful and equitable participation in the economy. These barriers are particularly challenging for women, youth and persons with disabilities. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
To a large extent, this entrepreneurial deficit is the legacy of the policies of the past. — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
Self-employment and entrepreneurship are the engines of growth and job creation in any economy. They support innovation, boost competitiveness and bring new products and services into an economy. https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
With the countryโs majority deliberately and systematically excluded from the economic mainstream for centuries, it is little wonder that self-employment and entrepreneurship in South Africa are at lower levels than most peer economies. ย https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
Black children did not inherit wealth in the form of businesses, capital or housing. Townships lacked industrial and commercial sites and the infrastructure needed to run businesses. — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
Under apartheid, racist patterns of land ownership strangled the black agriculture sector. Black business was relegated to the townships and bantustans. Not only did they receive no government support to grow, but they were also deliberately stifled. ย https://t.co/VPJQL225pl — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
These defects are persistent and run deep. They are reflected in the high levels of joblessness. — PolitiTweet.org
Cyril Ramaphosa ๐ฟ๐ฆ @CyrilRamaphosa
And yet as much as we are working to achieve the vision of the Freedom Charter that all shall share in the countryโs wealth, we have not yet overcome the structural defects of our economy. https://t.co/gUcIbNfLgY — PolitiTweet.org