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Investor’s plea to ANC’s chief whip
South Africa's politics has never been more interesting as we head towards the elective conference in December. Some are calling this period silly season. Joining CNBC Africa is Jackson Mthembu, ANC NEC member to discuss the road to December.
Mon, 06 Nov 2017 16:15:48 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Emphasis on strategic investment practices to ensure growth in funds managed by PIC and the government employees' pension fund
- Advocacy for double-digit investment growth to support job creation and economic development
- Focus on setting an example of economic stability and job creation to empower youth and drive sustainable progress
As South Africa edges closer to the highly anticipated elective conference in December, the political landscape in the country has never been more intriguing. Referred to by some as the 'silly season', this pivotal period has generated significant anticipation and debate among the public and political figures alike. Recently, Jackson Mthembu, a prominent member of the African National Congress (ANC) National Executive Committee (NEC), shed light on the party's priorities and objectives leading up to the conference. In a candid interview on CNBC Africa, Mthembu emphasized the importance of economic growth, investment, and job creation to secure a prosperous future for the nation.
During the interview, Mthembu addressed the need for strategic investment practices to safeguard the funds managed by the Public Investment Corporation (PIC) and the government employees' pension fund. He stressed the significance of ensuring that these investments yield favorable returns to support sustainable economic growth and job opportunities for the youth. Mthembu highlighted the importance of maintaining double-digit growth in investments, expressing optimism about the potential positive outcomes such growth could bring for job seekers and the economy at large.
As the ANC chief whip, Mthembu's call to action focused on leading by example and setting a precedent for economic stability and job creation in South Africa. By advocating for prudent investment strategies and emphasizing the critical role of investments in driving job creation, Mthembu aimed to inspire confidence and a sense of responsibility among his fellow party members and political allies. His vision for empowering the youth through job opportunities and leveraging market investments as a catalyst for economic progress resonated with the overarching goal of building a prosperous and sustainable future for all South Africans.
Amidst the political dynamics and speculations surrounding the upcoming ANC elective conference, Mthembu's emphasis on economic growth and job creation serves as a timely reminder of the priorities that should guide the party's decisions and actions. As the country navigates through a challenging economic landscape and strives to address the pressing issue of youth unemployment, Mthembu's proactive approach to leveraging investments for the greater good sets a positive tone for the ANC's future direction. By aligning economic policies with job creation initiatives and fostering a culture of responsible governance, Mthembu and his colleagues have the opportunity to shape a brighter tomorrow for South Africa.
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