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‘Skewed patterns of ownership in economy’

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The South African economy continues to face skewed patterns of ownership, President Jacob Zuma said in Durban.

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Durban - The South African economy continues to face skewed patterns of ownership, President Jacob Zuma said in Durban on Saturday.

“Decisive action is required to change economic patterns and realise our vision,” he said at the African National Congress' 101st birthday celebration at Kings Park stadium.

He said the patterns in the economy was characterised by the marginalisation of “our people”.

The “monopoly capital” remained an obstacle, he added. - Sapa


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