OPINION

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12 September 2022

Note to editors: below is the keynote address delivered by DA Federal Leader, John Steenhuisen, at the RMB Morgan Stanley Investor Conference in Cape Town today.

Please find attached a photo.

Good morning, ladies and gentlemen,

For those of you who have travelled here from out of town, welcome to beautiful Cape Town, where spring is apparently still deciding whether it has arrived or not.

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This is par for the course for the Mother City. Traditionally we spend the entire September welcoming spring, only to bid it farewell a few days later.

But fear not, before the month is out, Cape Town will be basking in warm, sunny spring weather. Because that kind of change is inevitable – it cannot be held back for long. Much like another kind of inevitable change which I would like to speak about this morning.

But first I want to thank the organisers of the RMB Morgan Stanley Big Five Investor Conference for inviting me to speak here this morning, because I think it’s important to hear a slightly different perspective to most of the conversations you will be having over the next two days.

I won’t pretend today to be an expert in your field, because I am sure there are more than enough of you already in this room. I also won’t bore you to death with a long-winded account of South Africa’s many challenges and setbacks to getting our economy going.