| Stephen Koseff, Chief Executive, Investec Group, called on business to play their part in South Africa’s recovery. Get all #InvestecWealth Forum insights here: http://invest.ec/2wWpkwK
Citing a need for what he calls “accelerated inclusive growth” to close the gap between the rich and the poor, Koseff told over 2,000 Investec Wealth & Investment clients (at an event in Cape Town and Johannesburg) that “we can’t blame the world for our recession”, and that as a society South Africans need to come together to create “a new social pact that transcends ideologies and backgrounds”. Mass unemployment and the “rot in state-owned enterprises” are two of the biggest challenges South Africa faces, said Koseff. He pointed to the need for business to be viewed as a “national asset” because it is business alone who can create jobs and stimulate growth. Jump to the topics that interest you using the time codes below: 00:05: “The financial crisis caused a big gap between the haves and the have nots” Koseff also discussed the role business has to play with Governor of the South African Reserve Bank, Lesetja Kganyago, and Fani Titi (Investec Chairman), on a panel moderated by Redi Tlhabi. View video here: https://www.investecwealthforum.co.za/insight/state-nation-unplugged/ Get more insights and videos from the Investec Wealth Forum here: http://invest.ec/2wWpkwK |
Tags:
