https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / All News RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

SA at its best in a crisis – Zuma

Close

Embed Video

SA at its best in a crisis – Zuma

President Jacob Zuma
President Jacob Zuma

9th June 2017

By: News24Wire

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

President Jacob Zuma on Thursday vowed to make use of all the country’s resources to pull it out of its technical recession.

South Africa functioned best during such a crisis, he said while receiving letters of credence from ambassadors and high commissioners at the Presidential Guest House in Pretoria.

Advertisement

Government and the private sector would discuss ways of recovering and reigniting confidence in the economy.

"We pull together and use all skills and resources to fight the problem," he said.

Advertisement

On Tuesday, Statistics SA said the country has slipped into a recession after its gross domestic product declined 0.7% during the first quarter of 2017, after contracting by 0.3% in the fourth quarter of 2016.

"We are committed to continue building an inclusive and resilient economy as envisioned in our national development plan (NDP)," Zuma said.

The plan was intended to strengthen relations with other countries, build a resilient South African economy and end poverty and unemployment.

He told his audience he was certain their presence in South Africa would help achieve this. He acknowledged it would be a mammoth task given sluggish global growth.

However, the economy remained stable and conducive to investment.

"Our strong institutions and governance structures also support this stability," he said.

Ambassadors of the United Arab Emirates, Benin, Turkey, Poland, Swaziland, the United Kingdom, Tanzania, and Jordan were in attendance.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now