The Government’s initial macroeconomic policy was mainly based on a social and upliftment programme referred to as the Reconstruction and Development Programme (RDP). With its emphasis on providing in the desperate social needs of many disadvantaged South Africans without recognition of the factual constraint of limited overall resources, the RDP met with justifiable scepticism from many economists.
I am delighted to have the opportunity to speak today with educators throughout the country on the topic of financial education. Thank you for your participation and for the important work you do. As an educator myself, I understand the profound effect that good teachers and a quality education have on the lives of our young people.