State Capture has a profound impact on the country’s economy

The State Capture has a profound impact on public institutions and the country’s economy, ANC deputy president Cyril Ramaphosa said while addressing hundreds of supporters attending the OR Tambo lecture in Tembisa on Sunday.

“The public sector is what the government of our country own. This is what the people of South Africa own and this is where we’ve been having problems. This is where state capture has been having an effect. This is where the resources of our country have been misplaced‚ looted and stolen.”

“Some of the money has been disappearing without invoices. We want our money back. The money that has been given out without good reason must be brought back‚” ANC deputy president Cyril Ramaphosa said.

“We must acknowledge that our movement is at its weakest‚ that is why we need to remember what would comrade Tambo have done‚” said Ramaphosa. Tambo was given the ANC at the most dangerous time of the life of the ANC. We need to remember his wisdom and draw courage from the way he executed his task.”

“We cannot claim victory for as long as women and children are being abused‚ raped and killed‚” said Cyril Ramaphosa.

Mark

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