MEC Sboniso Duma proposes sovereign fund for KZN

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MEC Sboniso Duma proposes sovereign fund for KZN
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In the quest for an inclusive economy in KwaZulu-Natal, economic development, tourism and environmental affairs MEC Sboniso Duma is proposing a sovereign fund for the province to ensure a “radical” and “agile” transformation of its economy.

He said his vision of an agile state can only be achieved through brave leadership who are not afraid to take “harsh” decisions.

“Corruption is inherently linked with capitalism. Without capitalism there would be no corruption and the biggest benefactors of capitalism are white people.” Duma earlier reopened the upgraded Margate Regional Airport. He said the most important takeaway from the project was that it was built by black-owned companies.

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