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Job creation needs both a developmental state and a vibrant private sector – Ramaphosa

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CYRIL RAMAPHOSA|

AS we work to grow our economy and create employment, there is much debate about the relative roles of the state and business in pursuing these goals.

Some people have suggested that we must make a choice between, on the one hand, a developmental state that plays a vital role in economic and social transformation, and, on the other, a vibrant, expanding private sector that drives growth and employment.

The reality is that we need both. We need a capable developmental state and a dynamic and agile private sector. We need them to work together and complement each other.

This idea is not new. Thirty years ago, in 1992, the African National Congress adopted a document titled ‘Ready to Govern’.

The document set out policy guidelines for a democratic South Africa and has, over nearly three decades, influenced the policy direction of successive democratic administrations.

The ‘Ready to

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