Deputy President Cyril Ramaphosa says corruption, the regulatory framework and a lack of skills are impediments to attracting investment and growing the economy.
Ramaphosa says the country should begin to change on a structural level for all to share in the riches of the country.
He told the Nedlac School of organised labour that gone are the days when labour sits on the side-lines of developments shaping the country’s future.
Ramaphosa says labour should not take its contribution to resolving the challenges facing the country for granted.
He says apartheid has left the legacy of a fractured society where the riches of the country benefited a few.
He says the views of the working class are critical in building an inclusive economy, as well as rebuilding eroded trust in institutions and regaining the trust of society.
Labour says it will hold Ramaphosa to his word that labour should be involved in shaping the country’s future.
Ramaphosa says many at last week’s World Economic Forum in Davos expressed confidence in the future of South Africa and want engaged role players on investment in the country.
He says South Africa must rid itself of corruption and those sabotaging the economy through corruption must be stopped and arrested.
Related video click below: