Ramaphosa sets target of R2 trillion at Investment Conference - SABC News

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President Cyril Ramaphosa has set another target of R2 trillion worth of investment until 2028. He was speaking at the start of the Fifth South African Investment Conference underway at the Sandton Convention Centre in Johannesburg this morning.

President Cyril Ramaphosa delivers opening address at the 5th South Africa Investment Conference, Sandton Convention Centre.President Cyril Ramaphosa delivers opening address at the 5th South Africa Investment Conference, Sandton Convention Centre.He was speaking at the start of the Fifth South African Investment Conference underway at the Sandton Convention Centre in Johannesburg on Thursday morning.

At the start of the Investment Conference in 2018, Ramaphosa set a target of R 1, 2 Trillion and he said he hopes with R 1.14 Trillion raised, so far, the conference will meet the target. The conference pledges significantly contribute to the national goals of socio-economic development to create sustainable jobs reduce poverty and drive back inequality.

These investments have also contributed to a substantial increase in local production and encourages efforts to buy local. Ramaphosa says, ” This investment conference is a clear demonstration that South Africa continues to be an attractive investment destination despite a strained domestic and global economic climate. The investment conference has continued to grow and evolve over the past five years.”

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Provide more jobs

🙄

What a joke

We can't celebrate this, we need to grow our own economy. Where is all these investments going to? This guy must stick to selling cows

Leadership with vision

😂🤣🤣will end up in his couch

I wonder what percentage of this money will end up with MYANC or individuals connected to CyrilRamaphosa ... 70%?

Where will he be in 2028?

Why not make the investments public..as we cannot trust anyone in the anc

This guy just, stand there and say some stuff! No tangible plan, no direction just a stooge on national television speaking English and coughing amounts!!!!

Great at setting targets but pathetic on delivery.

U talk about something we would not see sies

Fusek.

Great, another target to aim for while ordinary South Africans are struggling to make ends meet. Keep setting the bar high, Mr. President!

A real fairy

Dream on. With all the crap on our country, I don't think foreign countries want to invest here.

Lol

Fvck de investment! He mas go

PhalaPhalaFarmGate and Greylisting, Loadshedding, Thabo Bester ,Unemployment record high, Crime ,destroyed pylons ,Makgoba' concerns ...

What happen to the last target

Halala Ramaphosa halala, more PhalaPhalaFarm dollars in the bag

Bwahahahaha 2 trillion loss yes this clown 🤡

This is a hoax or politician's money-making scheme at best. All these investment drives but yet unemployment keeps going up, SOE's falling apart, decaying infrastructure, load shedding, poor state of roads, poor water supply. You've fooled us enough please 🚮

Fyi

Lies again and again

RRRRRRRR

Vote VoetsekANC2024

NgcoboSifundo Our country currently needs a president with balls of which I don’t think the country one has

There goes our country 🙆🏽‍♀️🙆🏽‍♀️🙆🏽‍♀️ Ramaphosa needs to be stopped

This guy is ready to kill us with loans. We have to stop him before this is unturnable!! Vote wisely South Africans.

Is that what it costs to sell the country?

To steal by his party?

Kante o resign neng

Watching MrPhalaPhala lie. 🤨

We no longer listen to what anyone wearing ANC regalia has to say.

We've seen such speeches before. In fact a whole lot of them. Results dololo

Cyril is talking nonsense again.

Somebody tell him, he will not be there come 2024

Loadshedding is an agenda to soften up the Public of South Africa to allow the Private sector( the usual Bunch) to effectively steal Eskom (which is worth Trillions) form the State/Public. Stop all renewable enery projects immediately until Eskom has enough reserve capacity to

All this money goes to his son and friends no change on poor masses lives

Nothing is as painful as hearing the guy talk his lies to the applause of thieves.

He must go at once. He must go!

He's going to steal most of it and hide it in his CR17

All talk no action

Another looting is pending ANC izovela ku I BLEW IT

He must never too optimistic because next he might not be President

No realy.. what's he smoking?I dont see Russian and Chinese factories here...and if they build a bridge why cant our own people do it to?...sort Eskom out first oom Cyril...

Useless this thing

People were fooled like this in 2018 , it's 2023 and people still believe this nonsense. Where are we since 2018?

How is he going to do that when the useless corrupt anc will be kicked out next year?

If people ate promises. each and every person in SA would be obese right now.

Maka a hae a feta leya basadi

Another 🐜

Inganekwane

From where?

This one is so far away from reality it’s scary has no clue what’s going on in this country, business are closing due to load shedding and he is on some trillions , billions and zillions

If there's anyone capable enough of doing it I believe that President CyrilRamaphosa is more than capable of doing it, given his experience and expertise.

This guy is forever borrowing billions and, on the other side, promising investments worth trillions. Remember the smart city? What happened to that project? By the time he vacates the presidency, SA will be owing trillions to foreign states, I tell you.

The day after he limited the race of people who can participate in the economy. Yep. Makes sense.

I presume that Cyril imagines anc will be governing the country again... after all their failures 🤔

We moved from billions to trillions now 🤔

Forget. Cyril & his corrupt Anc will be out of power in months, he us dreaming as always

Udakiwe lo. 2 trillion yokunuka with this load shedding uzoyithola lapho ayifunda khona

He wont be our president by that time. ANC is done

Cyril doesn't inspire confidence. This country is in a bad state and he's known for making empty promises but he still can't give exact timelines. All he says is things will happen soon, who will take his word. Put exact time lines on projects

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