Deputy Speaker, the recent launch of a woman-owned construction company known as Mamela Construction Suppliers is a major boost in our effort to better the lives of our people. The company is a joint venture between SA Women in Construction holding 50% shares, Somerset Sand and Stone holding 40% and the Arte group, which holds 10% stake.
Ms Mamela Magoda, who is the director of the company, says:
Our motivation was the need to accelerate women's entry and develop in a male dominated industry. The limited participation of black people in general and women in particular in the economy limits our ability to expand the productive base, sustain economic development, eradicate poverty and contribute to a better life for all.
The ANC urges all women to seize the opportunities created by the conditions of democracy, peace and social progress so as to advance the cause of women. I thank you. [Applause.]