The President highlighted at the annual SA Heads of Missions that SA diplomats have patriotic duty to present a balanced view and share with the world the good that comes out of SA as a country. This in order to help attract foreign investments and increase economic growth. The president highlighted that the National Development Plan remains top priority. Despite the drought and global economic downturn, SA’s GDP grew by 3.3% in the second quarter.
At the conference the President stated that diplomats “…have a responsibility to brief host countries of SA’s broad-based black economic empowerment programme. They need to understand our transformation imperatives well and know what to expect when they seek investment opportunities in the country. The de-racialisation of the ownership, control and management of the economy, must be accelerated for the sake of achieving true reconciliation in South Africa. More work must be done to ensure that transformation does not become just lip service… government is to produce a new procurement law which will replace the Preferential Procurement Policy Framework Act or the PPPFA which is unpopular with black business. They say it hinders transformation”.