Holomisa defends economic summit proposal

UDM leader Bantu Holomisa says President Jacob Zuma needs to be reminded that economic decisions made in the early 90s were made by the collective.

Holomisa on Friday spoke to Stephen Grootes, defending his proposal for the economic summit to address South Africa's challenges.

Zuma on Thursday said while the idea of an economic summit was a good one, he didn’t think it would be that effective.

Listen to the conversation below:

The president seems to be considering our proposal although he harbours some fears. But he needs to be reminded that even during the Codesa negotiations in the early 90s, we came from different backgrounds with different political orientations and ideologies but we pulled it through. He also needs to be reminded that the current National Development Plan, all South Africans participated in that document, including political parties with their different ideologies.

Bantu Holomisa, UDM president

When we said last week in Parliament that we need to have an all-inclusive national summit that will develop a framework to guide us through to an economic indaba, high on the agenda on that economic indaba is the issue of land. Number two is that the majority of South Africans as we speak are locked out of the economic mainstream.

Bantu Holomisa, UDM president

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