--- title: "Meaning & Key Takeaway of: We raised the matter of an agreement that…" description: "\"We raised the matter of an agreement that was reached at the Growth and Development Summit, which was that we should access a certain part, 5% was ment..." image: "https://sms4smile.com/quotes/i/f46/thabo-mbeki-2259_access_we-raised-the-matter-of-an-agreement-tha_728390.png" --- # We raised the matter of an agreement that was reached at… ![“We raised the matter of an agreement that was reached at the Growth and Development Summit, which was that we should access a certain part, 5% was mentioned, of the funds in the hands of the institutional investors, domestically, for investment in the real economy. That being an agreement of the…” quote by Thabo Mbeki](https://sms4smile.com/quotes/i/f46/thabo-mbeki-2259_access_we-raised-the-matter-of-an-agreement-tha_728390.png) [Download](https://sms4smile.com/quotes/i/f46/thabo-mbeki-2259_access_we-raised-the-matter-of-an-agreement-tha_728390.png) [Open image](https://sms4smile.com/quotes/i/f46/thabo-mbeki-2259_access_we-raised-the-matter-of-an-agreement-tha_728390.png) > “We raised the matter of an agreement that was reached at the Growth and Development Summit, which was that we should access a certain part, 5% was mentioned, of the funds in the hands of the institutional investors, domestically, for investment in the real economy. That being an agreement of the Growth and Development Summit, we will engage South African business to see how we can make that a practical thing. So, there is a different set of engagement with local business.” [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker urges using a small portion of institutional funds to invest domestically, promoting practical engagement with local businesses. **In simple terms:** Use a modest share of big investors’ money for local economic growth. Key Takeaway Advocate for targeted investment in the real economy. Themes economics investment development policy local business Mood strategic pragmatic Type policy economic When to use this quote - government budgeting - private sector partnerships - economic planning Key Concepts development economics public policy stakeholder engagement Questions to Reflect On - What mechanisms ensure funds reach intended local projects? - How can transparency be maintained? A Different Perspective Implementation may face regulatory or market resistance. ★ ★ ★ ★ ★ No ratings yet [Access](https://sms4smile.com/quotes/about/access/) [Agreement](https://sms4smile.com/quotes/about/agreement/) [Business](https://sms4smile.com/quotes/about/business/) [Economy](https://sms4smile.com/quotes/about/economy/) [Engagement](https://sms4smile.com/quotes/about/engagement/) [Growth](https://sms4smile.com/quotes/about/growth/) [Growth And Development](https://sms4smile.com/quotes/about/growth-and-development/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Investors](https://sms4smile.com/quotes/about/investors/) [Local business](https://sms4smile.com/quotes/about/local-business/) [Practical things](https://sms4smile.com/quotes/about/practical-things/) [South africa](https://sms4smile.com/quotes/about/south-africa/) [South African](https://sms4smile.com/quotes/about/south-african/) [Summit](https://sms4smile.com/quotes/about/summit/) ## Related quotes > [There are times when the most practical thing is to lie down.](https://sms4smile.com/quotes/saul-bellow/there-are-times-when-the-most-practical-thing-is-to-lie-down/) [Saul Bellow](https://sms4smile.com/quotes/author/saul-bellow/) > [What man who carries a heavenly soul in him, has not groaned to perceive, that unless he committed a sort of suicide as to…](https://sms4smile.com/quotes/herman-melville/what-man-who-carries-a-heavenly-soul-in-him-has-not-groaned-to/) [Herman Melville](https://sms4smile.com/quotes/author/herman-melville/) > [Is creativity some obscure, esoteric art form? Not on your life. It's the most practical thing a business-man can employ.](https://sms4smile.com/quotes/william-bernbach/is-creativity-some-obscure-esoteric-art-form-not-on-your-life-it-s/) [William Bernbach](https://sms4smile.com/quotes/author/william-bernbach/) > [Vladimir Putin wants practical things, like the end of economic sanctions, but he also wants far greater sway in Europe and in the overall…](https://sms4smile.com/quotes/david-remnick/vladimir-putin-wants-practical-things-like-the-end-of-economic/) [David Remnick](https://sms4smile.com/quotes/author/david-remnick/) > [“Sometimes, the most practical thing to do is to think.”](https://sms4smile.com/quotes/raheel-farooq/sometimes-the-most-practical-thing-to-do-is-to-think/) [Raheel Farooq](https://sms4smile.com/quotes/author/raheel-farooq/) > [We can actually do some very practical things that can help people's lives and make life better for Kentuckians and that's what I'm all…](https://sms4smile.com/quotes/amy-mcgrath/we-can-actually-do-some-very-practical-things-that-can-help-people-s/) [Amy McGrath](https://sms4smile.com/quotes/author/amy-mcgrath/) > [“He doesn’t have the words, so he does practical things instead.”](https://sms4smile.com/quotes/ann-aguirre/he-doesn-t-have-the-words-so-he-does-practical-things-instead/) [Ann Aguirre](https://sms4smile.com/quotes/author/ann-aguirre/) > [“It is a practical world, Mr. Owen, and we have to do practical things.”](https://sms4smile.com/quotes/john-d-macdonald/it-is-a-practical-world-mr-owen-and-we-have-to-do-practical-things/) [John D. MacDonald](https://sms4smile.com/quotes/author/john-d-macdonald/) > [Creativity is the most practical thing a businessman can employ.](https://sms4smile.com/quotes/william-bernbach/creativity-is-the-most-practical-thing-a-businessman-can-employ/) [William Bernbach](https://sms4smile.com/quotes/author/william-bernbach/) > [I was so tired of being told reasonable, practical things whenever something went wrong with my life.](https://sms4smile.com/quotes/richelle-mead/i-was-so-tired-of-being-told-reasonable-practical-things-whenever/) [Richelle Mead](https://sms4smile.com/quotes/author/richelle-mead/) > [If it be true, as I believe it is, that morality is dependent upon religion, then religion is not only the most practical thing…](https://sms4smile.com/quotes/william-jennings-bryan/if-it-be-true-as-i-believe-it-is-that-morality-is-dependent-upon/) [William Jennings Bryan](https://sms4smile.com/quotes/author/william-jennings-bryan/) > [Love is the most practical thing in the world. To love, to be kind, not to be greedy, not to be ambitious, not to…](https://sms4smile.com/quotes/jiddu-krishnamurti/love-is-the-most-practical-thing-in-the-world-to-love-to-be-kind-not/) [Jiddu Krishnamurti](https://sms4smile.com/quotes/author/jiddu-krishnamurti/) > [One of the greatest dangers to peace lies in the economic pressure to which people find themselves subjected. One of the most practical things…](https://sms4smile.com/quotes/calvin-coolidge/one-of-the-greatest-dangers-to-peace-lies-in-the-economic-pressure-to/) [Calvin Coolidge](https://sms4smile.com/quotes/author/calvin-coolidge/) > [When I first started to take photographs in Czechoslovakia, I met this old gentleman, this old photographer, who told me a few practical things.…](https://sms4smile.com/quotes/josef-koudelka/when-i-first-started-to-take-photographs-in-czechoslovakia-i-met-this/) [Josef Koudelka](https://sms4smile.com/quotes/author/josef-koudelka/) > [Art isn't supposed to change the world, but it can.](https://sms4smile.com/quotes/jr/art-isn-t-supposed-to-change-the-world-but-it-can/) JR ## More by Thabo Mbeki > [We should never become despondent because the weather is bad, nor should we turn triumphalist because the sun shines.](https://sms4smile.com/quotes/thabo-mbeki/we-should-never-become-despondent-because-the-weather-is-bad-nor/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [That surely must be a concern to anyone who decides this drug must be given to stop transmissions, again from mother to child, which…](https://sms4smile.com/quotes/thabo-mbeki/that-surely-must-be-a-concern-to-anyone-who-decides-this-drug-must-be/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [We are not being arrogant or complacent when we are said that our country, as a united nation, has never in its entire history,…](https://sms4smile.com/quotes/thabo-mbeki/we-are-not-being-arrogant-or-complacent-when-we-are-said-that-our/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [I think that probably the most important thing about our education was that it taught us to question even those things we thought we…](https://sms4smile.com/quotes/thabo-mbeki/i-think-that-probably-the-most-important-thing-about-our-education/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [What we are saying is that we need to consolidate the capacity to lend support. Because, one of the problems that's mentioned with regard…](https://sms4smile.com/quotes/thabo-mbeki/what-we-are-saying-is-that-we-need-to-consolidate-the-capacity-to/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [I say that why don't we bring all points of view. Sit around a table and discuss this evidence, and produce evidence as it…](https://sms4smile.com/quotes/thabo-mbeki/i-say-that-why-don-t-we-bring-all-points-of-view-sit-around-a-table/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [As Africans, we need to share common recognition that all of us stand to lose if we fail to transform our continent.](https://sms4smile.com/quotes/thabo-mbeki/as-africans-we-need-to-share-common-recognition-that-all-of-us-stand/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [I think you're a much happier person if you say 'Even if I get involved in politics, I'm only doing so in order to…](https://sms4smile.com/quotes/thabo-mbeki/i-think-you-re-a-much-happier-person-if-you-say-even-if-i-get/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [I must say, with regard to Equatorial Guinea, the Government of Equatorial Guinea, as soon as they had arrested these people, sent a delegation…](https://sms4smile.com/quotes/thabo-mbeki/i-must-say-with-regard-to-equatorial-guinea-the-government-of/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [We are in the process of negotiating an agreement with the United States. We will be negotiating agreements with India and China. We are…](https://sms4smile.com/quotes/thabo-mbeki/we-are-in-the-process-of-negotiating-an-agreement-with-the-united/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [“Her work sought to challenge all of us critically to reflect on the things we find comfort in believing without question.”](https://sms4smile.com/quotes/thabo-mbeki/her-work-sought-to-challenge-all-of-us-critically-to-reflect-on-the/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [Of course we run a very open economy, and therefore what happens in the rest of the world, in economic terms, obviously has an…](https://sms4smile.com/quotes/thabo-mbeki/of-course-we-run-a-very-open-economy-and-therefore-what-happens-in/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [Part of the issue around communal land, which became a matter of controversy, is that we are saying that this land must go back…](https://sms4smile.com/quotes/thabo-mbeki/part-of-the-issue-around-communal-land-which-became-a-matter-of/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [Historically during the years of the White minority regimes, the State, the national Government held this land in trust for these communities. We said,…](https://sms4smile.com/quotes/thabo-mbeki/historically-during-the-years-of-the-white-minority-regimes-the-state/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) > [We want the National Intelligence, we want the Police, we want the Scorpions, any other institutions, the tax people, and so on, the totality…](https://sms4smile.com/quotes/thabo-mbeki/we-want-the-national-intelligence-we-want-the-police-we-want-the/) [Thabo Mbeki](https://sms4smile.com/quotes/author/thabo-mbeki/) [Explore all 176 Thabo Mbeki quotes ](https://sms4smile.com/quotes/author/thabo-mbeki/) ## More Access quotes > [Conservatism is not about leaving people behind. Conservatism is about empowering people to catch up, to give them the tools at their disposable that…](https://sms4smile.com/quotes/marco-rubio/conservatism-is-not-about-leaving-people-behind-conservatism-is-about/) [Marco Rubio](https://sms4smile.com/quotes/author/marco-rubio/) > [You can disseminate your art, and it's all such easy access now. The upside to it is that more people are creating than ever…](https://sms4smile.com/quotes/stanley-clarke/you-can-disseminate-your-art-and-it-s-all-such-easy-access-now-the/) [Stanley Clarke](https://sms4smile.com/quotes/author/stanley-clarke/) > [It's the same with this idea of a literate public, and also of a democracy in which people have access to and really read…](https://sms4smile.com/quotes/robert-hass/it-s-the-same-with-this-idea-of-a-literate-public-and-also-of-a/) [Robert Hass](https://sms4smile.com/quotes/author/robert-hass/) > [My hope is that if people have the knowledge, and if they actually see where their food comes from and have access to the…](https://sms4smile.com/quotes/michael-pollan/my-hope-is-that-if-people-have-the-knowledge-and-if-they-actually-see/) [Michael Pollan](https://sms4smile.com/quotes/author/michael-pollan/) > [I don't think it's always a sign of respect for persons (inside or outside of fiction) to pretend to be able to represent, to…](https://sms4smile.com/quotes/ben-lerner/i-don-t-think-it-s-always-a-sign-of-respect-for-persons-inside-or/) [Ben Lerner](https://sms4smile.com/quotes/author/ben-lerner/) > [Leslie Stein's comics give readers privileged access to a complete and wholly original world of gently skewed wonders.](https://sms4smile.com/quotes/jim-woodring/leslie-stein-s-comics-give-readers-privileged-access-to-a-complete/) [Jim Woodring](https://sms4smile.com/quotes/author/jim-woodring/) > [The best way to fight poverty is to empower people through access to quality education](https://sms4smile.com/quotes/john-legend/the-best-way-to-fight-poverty-is-to-empower-people-through-access-to/) [John Legend](https://sms4smile.com/quotes/author/john-legend/) > [Because the Internet's there, I have access to a lot of the legends, like Fela Kuti. I used to watch a lot of Fela…](https://sms4smile.com/quotes/king-krule/because-the-internet-s-there-i-have-access-to-a-lot-of-the-legends/) [King Krule](https://sms4smile.com/quotes/author/king-krule/) > [There needs to be some regime that is overseeing access to broadband to make sure we have openess; otherwise, there is a risk it…](https://sms4smile.com/quotes/vint-cerf/there-needs-to-be-some-regime-that-is-overseeing-access-to-broadband/) [Vint Cerf](https://sms4smile.com/quotes/author/vint-cerf/) > [While it's wonderful that investors have access to all the data now available to them, it has become a full-time job to sift through…](https://sms4smile.com/quotes/maria-bartiromo/while-it-s-wonderful-that-investors-have-access-to-all-the-data-now/) [Maria Bartiromo](https://sms4smile.com/quotes/author/maria-bartiromo/) > [It is truly vital for the United States to assure that it is not attacked with weapons of mass destruction; to prevent wars in…](https://sms4smile.com/quotes/stephen-kinzer/it-is-truly-vital-for-the-united-states-to-assure-that-it-is-not/) [Stephen Kinzer](https://sms4smile.com/quotes/author/stephen-kinzer/) > [Now that I'm more middle class, I have access to consumer goods. I do enjoy feminine frippery, feminine doo-da, stuff like that.](https://sms4smile.com/quotes/shirley-geok-lin-lim/now-that-i-m-more-middle-class-i-have-access-to-consumer-goods-i-do/) [Shirley Geok-lin Lim](https://sms4smile.com/quotes/author/shirley-geok-lin-lim/) > [Schools have never been about getting access to information. That's the job of libraries. Schools and universities have nobler missions as gentle gatekeepers. Their…](https://sms4smile.com/quotes/andrew-nikiforuk/schools-have-never-been-about-getting-access-to-information-that-s/) Andrew Nikiforuk > [To pray is to open the door unto Jesus and admit Him into your distress. Your helplessness is the very thing which opens wide…](https://sms4smile.com/quotes/ole-hallesby/to-pray-is-to-open-the-door-unto-jesus-and-admit-him-into-your/) [Ole Hallesby](https://sms4smile.com/quotes/author/ole-hallesby/) > [Broadband Internet access shouldn't depend on who you are or where you're from.](https://sms4smile.com/quotes/ajit-pai/broadband-internet-access-shouldn-t-depend-on-who-you-are-or-where/) [Ajit Pai](https://sms4smile.com/quotes/author/ajit-pai/) [Browse all 2,178 Access quotes ](https://sms4smile.com/quotes/about/access/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "We raised the matter of an agreement that was reached at the Growth and Development Summit, which was that we should access a certain part, 5% was mentioned, of the funds in the hands of the institutional investors, domestically, for investment in the real economy. 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