“What is wrong with saying: “Here we are, as Africans, with all our resources, sure we are ready and very willing to interact with the rest of the world about the exploitation of all these resources, but what is the indigenous benefit from the exploitation of this, and even the control?” You have seen examples of this, all of us have, when Chinese companies in terms of all this theory about free markets, have sought to acquire US firms [and] they got prohibited. “No, [it is] indigenisation of US intellectual property. We can’t allow it to be owned by the Chinese, so no!” So when the Africans say “indigenisation”, why is this a strange notion? And yet when we talk about solutions to Africa’s development, one of the issues that we have to address is exactly this indigenisation. How are we utilising our resources to impact positively on African development?’ Thabo Mbeki
Posted on: Thu, 03 Oct 2013 18:43:58 +0000
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