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Ramaphosa Urges Inclusive Economic Growth

(MENAFN) In a powerful address on Friday evening, Leader Cyril Ramaphosa strongly supported Black Economic Empowerment (BEE), directly challenging its detractors and probing whether their resistance arises from "fear or envy."

Speaking at the Black Business Council’s yearly summit gala dinner, held at the Radisson Hotel and Convention Centre in Kempton Park, Ekurhuleni, the president reiterated the administration’s firm commitment to reform strategies designed to correct South Africa’s longstanding socio-economic disparities.

He emphasized ongoing efforts to organize a nationwide dialogue aimed at addressing the country's most pressing developmental and social concerns.

Ramaphosa described this initiative as a crucial step in creating a future that is both equitable and enduring.

The president stressed that authentic economic advancement can only be achieved through substantial transformation.

He also underlined the relevance of the suggested Government of National Unity (GNU) in steering this progress forward.

“Fundamental economic transformation is vital to the growth of our economy and the progress of our nation. This transformation is necessary if we are to unlock the capabilities of all our people and realise the full potential of our economy,” he declared.

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