Ramaphosa’s investment envoys dismayed over riots in KZN, Gauteng

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The financial heavyweights appointed by President Cyril Ramaphosa to head up SA’s ambitious investment drive have expressed dismay over the recent riots and looting in KwaZulu-Natal and Gauteng.

Pretoria – The financial heavyweights appointed by President Cyril Ramaphosa to head up South Africa’s ambitious investment drive have expressed dismay over the recent spate of riots and looting in KwaZulu-Natal and Gauteng.

In April 2018, Ramaphosa appointed former finance minister Trevor Manuel, former deputy minister of finance Mcebisi Jonas, executive chairperson of Afropulse Group Phumzile Langeni, chairman of Liberty Group Jacko Maree, as the president's special envoys on investment. Seale said the investment champions urged that local government capacity be strengthened, to ensure consistent and reliable service delivery, which is a precondition for investment.

“The discussion also highlighted the opportunities presented by the just energy transition backed by global climate finance commitments, as government prepares for the COP26 climate conference.”

 

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