Streaming issues? Report here
Pippa Hudson 2019 1500 BW 2
Lunch with Pippa Hudson
13:00 - 15:00
volume_up
volume_mute

Up Next: Afternoon Drive with John Maytham
See full line-up
Lunch with Pippa Hudson
13:00 - 15:00
Home
arrow_forward
Business

Can a growing economy and job creation quell xenophobia?

9 September 2019 7:10 PM
Tags:
Xenophobia
Job creation
Business
Aspen Pharmacare and Massmart chairman Kuseni Dlamini gives his take and says a lasting solution is needed.

A growing number of South African business leaders are adding their voices to mounting condemnation over xenophobic violence in the country.

On Monday police confirmed that 12 people have been killed during the recent outbreak of violence.

Aspen Pharmacare and Massmart chairman Kuseni Dlamini says the issue requires decisive and collective action from leaders in government, business and across civil society.

Suggesting that a 'fragile economy' is part of the problem, Dlamini says the root causes of xenophobia must be dealt with.

It boils down to us really taking seriously he issue of growing our economy, creating jobs, fighting poverty and making sure that everyone has a stake. At the core of it all is really structural issues that underpin the really fragile economy.

Kuseni Dlamini, Chairman - Aspen Pharmacare and Massmart

Growth will definitely help if we grow four or five percent and higher and create more jobs and deliberately come up with policy interventions that are labour intensive but it is not just South Africa growing alone, it is the whole continent -it has got to work in a joint way.

Kuseni Dlamini, Chairman - Aspen Pharmacare and Massmart

The signing of the African Continental Free Trade Agreement creates a massive opportunity for intraregional trade that will promote growth across the continent.

Kuseni Dlamini, Chairman - Aspen Pharmacare and Massmart

But I think what is required is doing the right things that are going to unlock sustainable growth and progress.

Kuseni Dlamini, Chairman - Aspen Pharmacare and Massmart

He says a lasting solution is needed.

Click on the link below to hear the full interview...

Enjoy The Money Show, but miss it sometimes?

Get the best bits emailed to you daily, right after it ends:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Can a growing economy and job creation quell xenophobia?


9 September 2019 7:10 PM
Tags:
Xenophobia
Job creation
Business

More from Business

I haven’t saved. I intend to work well into my 100s - Leon Louw (FMF)

18 September 2019 12:36 PM

Bruce Whitfield talks to Leon Louw (Free Market Foundation) about his attitude toward money (hopes, fears, successes, failures...)

Read More arrow_forward

Burger King rebrands as Bacon King (but drops 'ham' from the word 'hamburger')

18 September 2019 11:40 AM

"They seem to have succumbed to consumer pressure," says branding and advertising expert Andy Rice.

Read More arrow_forward

Ethiopia – Africa’s fastest growing economy - is privatising state-owned firms

18 September 2019 10:46 AM

It’s a country that is focussed, to say the least, says Dr Martyn Davies, MD of Emerging Markets & Africa at Deloitte.

Read More arrow_forward

Foreign consultants deliberately maimed Sars. They must pay, says SA consultant

18 September 2019 9:51 AM

Consultants have an ethical duty. When things go wrong, they must pay back the money, says The Change Consulting Group.

Read More arrow_forward

Retirement annuities – here’s what happens if your fund manager goes bankrupt

17 September 2019 3:39 PM

A lot can happen between now and your retirement date. What if your fund manager goes bust?

Read More arrow_forward

10 unexpected things that most truly rich people have in common

17 September 2019 1:56 PM

Personal finance expert Warren Ingram on the money values that those "worth" R40 million or more almost invariably have in common.

Read More arrow_forward

Small business owner, nobody will save you!

17 September 2019 1:50 PM

There are no shortcuts. Beware of "White Knights and Silver Bullets", warns Aurik Business Accelerator founder Pavlo Phitidis.

Read More arrow_forward

Legal dagga just created its first dollar billionaire

17 September 2019 1:20 PM

Boris Jordan’s Curaleaf is the largest dagga retailer in the United States. It’s making him very, very rich.

Read More arrow_forward

'If you grow up with nothing, you want to look rich too soon'

17 September 2019 12:22 PM

Bruce Whitfield interviews Joe Public’s Pepe Marais about his attitude to money (hopes and fears, successes and failures, etc.).

Read More arrow_forward

3 best JSE shares to buy, right now (according to Small Talk Daily)

17 September 2019 10:33 AM

Analyst Anthony Clark shares his stock picks of the week on Bruce Whitfield’s The Money Show.

Read More arrow_forward