June 26, 2012

S. Africa must reform white-dominated economy-Zuma

JOHANNESBURG, June 26 (Reuters) - South Africa's economy is still largely under the control of whites who held power under apartheid, President Jacob Zuma said on Tuesday, and he called for a "dramatic shift" to redress the wealth balance more evenly in favour of the black majority.

Such calls have been a staple of ANC strategy documents for years and Zuma's policy speech comes months before he will seek re-election as leader of the faction-ridden movement in December. Read more.

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