Whites still mostly control S.Africa economy - Zuma


  • World Premium
  • Tuesday, 26 Jun 2012

JOHANNESBURG (Reuters) - South Africa's economy is still mostly under the control of whites who held power under apartheid and the government needs to take more drastic steps to make sure the black majority can benefit from its wealth, President Jacob Zuma said on Tuesday.

Zuma, speaking at the start of a major policy meeting of his ruling African National Congress, said the challenges of poverty, unemployment and inequality posed long-term risks for Africa's richest country 18 years after the end of apartheid.

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