Honourable Speaker and Honourable members The United Democratic Movement (UDM) supports the 2017 Fiscal Framework and Revenue Proposal and the Report of the Standing Committee on Finance. We appreciate that the Minister, as always, tried his best, notwithstanding the difficult circumstances occasioned by the bold call from the President for a budget that responds to the Radical Socio-Economic Transformation path as adopted by government. This was a very difficult expectation given the hard fact of a government which is wrestling with an unprecedented national debt challenge post the dawn of democracy. Consequently, and with respect to the land question, the budget failed to create hope for a speedy transfer of land to its rightful owners. This was further exacerbated after the ruling party subsequently objected to the possibility to expropriate land without compensation and or with compensation only to the improvements made in the land. There was no budget for extension of land expropriation beyond the Constitutional limit of 19 June 1913. Had we agreed to amend the Constitution, we would be talking a different story. Although the Minister had difficulty to manoeuvre for a radical budget, he has however confirmed that our monies as South Africans are in good hands. That is what all good citizens of this country at least want, in particular during such difficult time, when the economy is struggling to grow. People are jobless, poverty is on the rise and individual debts are the order of the day. This therefore brings an urgent challenge to the Minister, his colleagues in the Executive, the industry, civil society and citizens in general, to ensure that our economy grows and reduce the ratio between the revenue base and the debt. The austerity measures that were announced are welcome. However, government must implement these without compromising on the delivery of basic services to the poorest of the poor. Taking advantage of, amongst others, corporate income tax, government, working with industry should consider financial awareness campaigns at schools and communities in general. When society has an economy that is not growing, and citizens are heavily indebted, that then creates a deeper crisis and possible collapse of the entire economy and the nation. Lastly, the UDM still believe that it is possible to provide fee free higher education and training in particular for the poor, and that this has not been provided for. We, however, welcome the steps taken to improve the chances of our children achieving a degree without a crippling debt burden, post qualification. Thank you
Mister Speaker, Mister Deputy President and Honourable Members, I am greatly honoured by the privilege to, on behalf of the United Democratic Movement (UDM), deliver a farewell speech to Minister Trevor Manuel. Minister Manuel has been an outstanding servant of the people and as a result, it is impossible for anyone to claim not to know him given the number of lives he has touched during his terms in Office. Mister Minister, When you moved from Trade and Industry to Finance on 4 April 1996, you took charge of the finances of a South Africa that faced a compendium complex of challenges. First, you had to help the Nation to reconcile the conflicting fundamental values between democracy and capitalism in a country, where many people did not believe that the two could coexist harmoniously. Democracy, as you know, puts emphasis on producing political accountability and on joint interests and equality, while capitalism entails the seeking of one’s own self interests. Through your outstanding leadership Sir, you proved that the two could exist side-by-side when capitalism was given a more humane face. Second, you took charge of the Finance Portfolio of a country that had limited resources and whose people were still deeply polarised along racial lines and whose socio- economic inequality levels were high due to the misguided policies of the past. Working under the ruling party Government, you adopted income redistribution policies which sought to achieve political and social stability in order to provide a secure context for economic growth. Though the needs and demands of the country were numerous, your idealistic approach to meeting our challenges was invariably imbued with a deep sense of pragmatism. You always ensured that in modernising our economy the policy choices and responses Government made were proportionate to circumstance and were sustainable. Nowhere is this more succinctly captured than in the legacy of fiscal prudence you left the Finance Portfolio. Mister Speaker, When I met Minister Manuel at the Union Buildings more than a year ago during public consultations on the National Development Plan (NDP), he came across as a leader who was willing to sublimate his individual interests to those of the collective. I was truly inspired by the humility and the outstanding leadership qualities of this intellectual giant. It is therefore not surprising that he leaves behind the National Development Plan (NDP) as one of his shining legacies. Fellow South Africans, As young people, the best farewell we can give to Minister Manuel is peace of mind that we too will leave South Africa in an even better condition for both current and future generations. Farewell son of the soil. South Africans of all races are going to miss your outstanding leadership qualities in the public sector and your sheer dedication to your job. You have served our Nation with distinction! However, given your skills, knowledge, expertise, the love and respect the people have for you as well as how much they still desire your services – as Abe Lemons once put it: “The trouble with your retirement is that you will never get a day off.” Thank you.