Ramphele: Economic slump due to 'failure in governance'
28 May 2013 Last updated at 16:13 BST
Dr Mamphela Ramphele used to be best known as the partner of anti-apartheid hero Steve Biko.
Now she is campaigning for better governance and for her country to reach its full potential through the new political party, Agang.
As South Africa's growth slows, Dr Ramphele has blamed a "failure in governance".
The BBC's Sophie Ikenye asked her how the country can meet the needs of big business whilst addressing poverty and low wages.