Nationalisation a debate - Zuma

NATIONALISATION is not policy but a debate in South Africa, President Jacob Zuma reiterated at a business function hosted by The New Age yesterday.

"We have policies in SA that are very clear. We are equally a democratic country and we do not stifle debate. It's a debate, it's not a policy," Zuma told business delegates.

Zuma noted that authorities have been attracting foreign direct investment by travelling to various international investors and "campaigning" for the investments.

The government and business should create enterprises to produce more jobs, Zuma said.

"That is why we have been encouraging investors and business to be able to do that," he said.

"We cannot have a Zimbabwean situation in South Africa. We're saying we should do things within the law," Zuma said, responding to a question on whether the land restitution programme would end up being similar to that of Zimbabwe, where land was expropriated without compensation.