Ramaphosa declares “era of unity”
President of African National Congress (ANC) Cyril Ramaphosa has described ruling party as the parliament of the people of South Africa, saying ANC leaders will ensure they safeguard and nurture the heritage given to them by their forebears.
“As we take the ANC into an era of unity, an era of renewal, an era of service to the people of our country. We take this opportunity to reaffirm the ANC’s commitment to the values and the principles to which so many of our legends dedicated their love.”
“South Africa is open for investment,” he told tens of thousands of cheering ANC members in a stadium in the Eastern Cape province on Saturday. Through foreign investment “we can grow our economy, create jobs, end poverty,” Ramaphosa ensured.
Ramaphosa (65) a former trade union leader and one of the country’s wealthiest businessmen with personal fortune of USD450 (Forbes) pledged during his campaign for ANC leader to address record unemployment and a sluggish economy. South Africa’s unemployment rate came in at 27.7 percent in the third quarter of 2017, the same as in the previous two quarters and remaining the highest rate in 13 years. The number of unemployed rose to 6.21 million. (Image below: social networks #Soweto slums).