Ramaphosa encourages businesses to consider E Cape as top investment destination - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

President Cyril Ramaphosa has urged the business sector to consider the Eastern Cape as an investment destination of choice.

Ramaphosa’s message was played as a pre-recorded address at the Eastern Cape Investment Conference underway in East London.

Premier Oscar Mabuyane has welcomed more than R40 billion in investments into the province from domestic and international investors.“We trust that the delegates at this conference will explore some of the abandoned opportunities in agriculture including in the investors need expanding field of cannabis cultivation and ocean’s economy… it is hoped that this conference will discuss ways to attract greater investment in tourism services and infrastructure,” says Ramaphosa.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Like

It's high time to recognise us as EC we've been long waiting for this to happen

CYRIL is incompetent. He should be creating special economic zones in EC to attract investments. How is 'urging' going to attract investments? He got power...he must use it properly not just to loot and commit crimes

Tsotsi

We urgue you mengameli to lead by example in upholding the oath of office & the Constitution, you can NOT do business while you preside over South Africa at the same time and on top of that you don't pay tax, you bank under your bed, THUG CyrilRamaphosa PresidencyZA

With no water I wonder who aside from the renewable energy sector that will invest in that semi desert

For what reason? Who would want to invest anywhere in this destroyed country?

We urge him to step aside and sit down 🪑

Just because that province is worshiping you, unlike KZN.

The more we invest the better it could be come

Eastern cape is not an investment ANC robbed that province dry everything ANC touch turns to dust they lie to their own people its all about members and their families nothing to do with the people

Squirrel… are you serious? What world do you live in? I love the Eastern Cape… but my dear squirrel… business finds environments with sound government and maintained infrastructure attractive… which you haven’t delivered for the last fucking 30 years!!

FIX Eskom_SA CyrilRamaphosa, and STOP TRYING TO DEFLECT & DISTRACT FROM THE BIGGEST ISSUE IN SA

👀

With the infrastructure that was last build during President Zuma time. No one want to invest where there is no connectivity, roads, electricity, water, sanitation, etc.

First the Eastern Cape people need to embrace their province then investment will automatically happen cause they are all over SA they the Zim people of SA

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines