SABC News - Govt to accelerate economic transformation: Zuma:Saturday 9 January 2016

Govt to accelerate economic transformation: Zuma

Saturday 9 January 2016 09:58

Tshepo Ikaneng

 Jacob  Zuma says it is crucial for the ruling party accelerate economic empowerment.

Jacob Zuma says it is crucial for the ruling party accelerate economic empowerment.(SABC)

President Jacob Zuma has given a strong hint that his government will accelerate the pace of economic transformation.

Slow economic growth, high unemployment and poverty rates have been cited as major factors that could cost the African National Congress (ANC) voter support at the local government elections to be held this year.  

Speaking ahead of the ANC's 104th birthday ceremony at the Royal Bafokeng stadium outside Rustenburg, President Zuma said it is imperative that the ruling party accelerate the pace of economic empowerment.

They must be informed by values of honesty, hard work, humility, service to the people

“We do not accept the notion that we must make a choice between growth and redistribution.  They must be pursued simultaneously. Redistribution is a moral imperative.”

Zuma says the ANC has a major challenge of rooting out corruption and restoring the public trust amongst South Africans.

He has stressed the need for ANC leaders to espouse the values of selflessness and commitment to public service.

“They must be informed by values of honesty, hard work, humility, service to the people.  We must reject patronage and corruption and we must work together to defeat corruption.”

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