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Quote by Thabo Mbeki

“You need to be able to do that to market these possibilities to these specific investors who would be interested in a sector of that kind. It's what would be normally done by anybody with regard to attracting investment to particular sectors of the economy.”

Quote by Thabo Mbeki

Author

Thabo Mbeki is a prominent South African politician who served as the President of South Africa from 1999 to 2008. He dedicated his political career to promoting democracy and economic development in South Africa and actively participated in African continental political affairs. more

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“If you look for instance at the automobile industry, part of the reason that you have the expansion of that sector, is precisely because we have gone out to talk to the automobile companies to explain government policy with regard to that sector, to talk to them about the MIDP and things like that. And indeed, it has been a very important part of attracting those investors to put in money in the South African economy and build motorcars in South Africa.”

Ifs Looks Has Beens Important Reason Government Company Economy Gone Policy Industry Regard South Instance Investors South Africa Expansion Automobile Government Policy Automobile Industry

Author:Thabo Mbeki

“You can see now with all the assurance that people have about the overall general management of the economy, they then ask more specific questions that we are able to answer.”

People Able Asks Answers Economy Management Assurance

Author:Thabo Mbeki

“We identified various sectors of the economy, which we said were growth sectors. I have mentioned tourism. We said, for instance, agro-business. We grow a lot of food and fruit and things like that. It must be possible to process those.”

Said Grows Process Growth Economy Fruit Various Instance Tourism

Author:Thabo Mbeki

“We are a very big mining country and historically have been exporters of raw minerals. There is no particular reason why we should not be processing those further.”

Should Has Beens Country Reason Bigs Particular Reason Why Minerals Processing Mining

Author:Thabo Mbeki

“For an investor who is sitting in the United States, and South Africa is very far from the United States, you need to go out to that investor to say, these are the possibilities in this particular sector.”

Needs States United United States Possibility Particular Sitting South Investors South Africa

Author:Thabo Mbeki

“I must say also, that we are not talking just about foreign investors.”

Talking Investors Not Talking

Author:Thabo Mbeki

“The principal investors in the South African economy are South Africans. And this is something, I think, we should really pay attention to.”

Thinking Should Pay Attention Economy South Pay Attention Investors South Africa Principal

Author:Thabo Mbeki

“There is a tendency just to talk about foreign investors. Over 80 per cent of new investment in the South African economy is South African and therefore the engagement of the South African investor is also a critical part of this process.”

Process Economy Investment South Critical Tendencies Investors Engagement Cents South Africa

Author:Thabo Mbeki

“Of course we run a very open economy, and therefore what happens in the rest of the world, in economic terms, obviously has an impact on us.”

World Happens Running Courses Term Economy Economic Impact

Author:Thabo Mbeki

“I should also say that apart from the negotiations that are taking place within the WTO, we are ourselves involved in all manner of bilateral negotiations, or, if they are not bilateral, with the South African Customs Union and the European Union. All the member countries of the European Union have now ratified the agreement that we have with the EU and that opens up the EU market in various ways.”

Ifs Way Should Country Involved Members Unions South Various Agreement Customs South Africa Negotiation European Union

Author:Thabo Mbeki