Zuma says he's 'very happy' to be stepping down as ANC president

Hannah Rogers | 07 December, 2017, 21:28

He said the Indaba took place as off-shoots of economic recovery were being threatened by ever-increasing energy costs.

"We therefore reject the incorrect and patronising assertions by some sections of society, that the radical economic transformation policy was developed by a company from London for the black people of South Africa".

Speaking further on the ruling party's conference, Zuma said the ANC's national executive committee had convened its last ordinary meeting last weekend, adding the meeting was one of the warmest, most productive and most comradely gatherings senior leadership has ever held.

Mahlobo also told the organisations that the Energy Indaba was not meant to address the IRP in any way‚ shape or form - instead it was for business‚ labour‚ and government to discuss ways to reinvigorate the energy sector in order to stimulate economic growth.

He said the ANC's 54 national conference was the biggest story and he agreed it would have an impact on the local economy, saying he knew there was a lot of anxiety from the business community about what would transpire at the congress.

"In my capacity as the president of the ANC‚ let me assure you that everything possible is being done to ensure a smooth transition", Zuma said.

Nuclear critics have argued that the indaba would be used as a smokescreen to push through a nuclear build programme, but neither Mahlobo nor Zuma had much to say about the matter, given the expectations that the conference would provide more details.

"The energy sector is an important engine for growth which makes this Indaba opportune as we search for ways of reigniting economic growth in our country‚" Zuma said.

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Zuma says he's 'very happy' to be stepping down as ANC president

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