Nzimande calls for an end to the ‘investment strike’ - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Nzimande calls for an end to the ‘investment strike’

Blade Nzimande says the financial sector must remember that the source of its funds is ordinary South Africanssays they reject the notion that the economy has been suffering since President Cyril Ramaphosa took the reigns.. Nzimande was speaking in Ermelo in Mpumalanga at the 98th anniversary of the founding of the party in South Africa.Nzimande also called on the financial sector to end what he calls its investment strike.

This comes as President Ramaphosa continues his investment drive in a bid to start growing the economy and creating desperately needed jobs.“That’s why, amongst other things, we supported the campaign of the President to mobilise domestic and foreign investment. We also call upon the financial sector to end its investment strike. It’s very interesting, by the way, that this money in the financial sector is our money. We take our monies from stokvels to insurance companies.

 

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Like he knows about investments..

Ramaphosa failed to do so, what makes him think he can do so?

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