We are going to re table a proper minerals and Petroleum Resources Development

We are going to re table a proper minerals and

This preview shows page 387 - 391 out of 424 pages.

We are going to re-table a proper minerals and Petroleum Resources Development Act to put clear conditions in terms of what should be the exposure of the state in terms of ownership of the new petroleum and mineral projects. We are going to table a clear Anti-Tax Avoidance Bill that is going to deal with the question of base erosion and illicit financial flows because commitments have been made here that that is going to be dealt
Image of page 387

Subscribe to view the full document.

UNREVISED HANSARD JOINT SITTING TUESDAY, 25 JUNE 2019 Page: 388 with and no one seems to be having the courage to come with a clear legislation to deal with base erosion. We are then going to finalise the process of having a state owned bank. We are going to table a legislation on the in sourcing of all government workers because we need to detenderise the state and give it the capacity to take us forward. We are the only organisation that can provide leadership in this country. What is happening here are new objectives after new objections - it is directionlessness. The ANC is defined by directionlessness; there is no clarity of what you seek to archive. That is why you come and blow hot air here and then the person who blows the hot air is a clown from the NCOP and then you give him a standing ovation. That is what you achieve and you are even miseducating these children – the youth. The youth comes here and says that today we are marking the anniversary of the Freedom Charter. The Freedom Charter was adopted on 26 June1955, hon Nompendulo.
Image of page 388
UNREVISED HANSARD JOINT SITTING TUESDAY, 25 JUNE 2019 Page: 389 Amongst other things it says that the mineral wealth beneath the soil, the banks and monopoly industries shall be transferred to the ownership of the people as a whole. That is the agenda that we must commonly pursue as the Sixth Parliament. Thank you very much. [Applause.] The MINISTER OF TRADE AND INDUSTRY: Mr President, House Chairperson, hon members and fellow South Africans ... [Interjections.] Dr M Q NDLOZI: House Chairperson, we are going to start collecting tuition fee for this free education we are giving you, R1500,00 is an entrance cost now, please. We can’t keep educating you everyday. You will pay entrance fee. The DEPUTY CHAIRPERSON OF THE NCOP: Thank you hon member, can you please sit down. Thank you. You may continue, Minister. The MINISTER OF TRADE AND INDUSTRY: In the state of the nations address last week, President Ramaphosa set out the goal to revitalise the economy with priority sectors and reimagined
Image of page 389

Subscribe to view the full document.

UNREVISED HANSARD JOINT SITTING TUESDAY, 25 JUNE 2019 Page: 390 industrial strategy. Our debate today takes place in the context of a tough domestic economic environment, an increasingly uncertain and a fragile global growth, which places responsibility on us to do more to change our performance and our outcomes.
Image of page 390
Image of page 391
  • Fall '08
  • Finklerberg

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes