Skip to content

President Ramaphosa says transformation is not a favour, it is a necessity

# President Cyril Ramaphosa says government reaffirms that broad-based black economic empowerment is not just a policy choice but a constitutional imperative. This year marks the 70th anniversary of the Freedom Charter. In his weekly newsletter, he says false notions that a choice must be made between growth and transformation, and B-BBEE is a cost to the economy, must be corrected. Ramaphosa says transformation is not a favour, it is a necessity. He adds that the task is to ensure that both growth and transformation are pursued together.