Ramaphosa defends radical economic transformation

Die Vryburger

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Cyril Ramaphosa - Image - Die Vryburger

For those who hoped for the supposed capitalist of the ANC, Cyril Ramaphosa, to disagree with his boss Zuma on the radical economic transformation, will likely be disillusioned.

He addressed the Black Business Council (BBC) dinner in the incredibly luxurious and chic Hilton hotel in Sandton and said the radical transformation of the economy would happen, whether people like it or not.

According to Ramaphosa radical economic transformation means a rapid and urgent change to the economy. These include the transformation of ownership patterns and land reform. In this regard, he says the Constitution speaks of “Fair and equitable” compensation for land and not the market value.

Read the original article in Afrikaans on Die Vryburger

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