Hon Speaker, let me first lend my voice and that of my political party, the DA, to that of the hon President and those of all South Africans who condemn the passage and the enactment of the 1913 Native Land Act 100 years ago. We condemn, along with this Act, the raft of economic exclusion legislation which was designed to exclude black South Africans of many hues from equal economic participation in our country and which condemned them to the status of second-class citizens in their own home. For our part, we are committed to redress, reconciliation, delivery and diversity, and our concerted effort is to reverse the legacy of racial inequality and economic exclusion on the basis of race.
If I may turn to the hon President's reply, Mr Speaker, one of the most effective ways to advance the African Agenda is through economic growth and job creation, but South Africa is being overtaken by its peers, like Kenya and Nigeria, as an entry point to the continental market despite our position as the continent's biggest economy. Given the fact that major investors like Fastjet and IBM are now moving their headquarters elsewhere on the continent, it's clear that, far from leading the African Agenda, we are actually lagging behind it. Mr Speaker, does the President not agree that in order to reverse this trend and move our economy more towards being in step with our African peers, his government must do more to reform the South African economy by cutting red tape, reducing high communication costs, and making our labour markets more flexible? I thank you.