Nation working to attract private investment: Ramaphosa

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President Cyril Ramaphosa said the country is working to restore its institutions and secure private investment in order to grow the economy.

President Cyril Ramaphosa says South Africa will focus on strengthening intercontinental trade in Africa.

LONDON - South Africa is working to restore its institutions and secure private investment in order to grow the economy, President Cyril Ramaphosa told the Financial Times Africa Summit in London on Monday.momentum, and Ramaphosa said the country is open to outside investment in ailing state-owned carrier South African Airways ."We are on record as saying we are open to the participation of the private sector.

He also said the government needs to pursue prudent fiscal policies, stabilise its debt and reduce risk with contingent liabilities in order to attract much-needed investment in the nation.

 

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I would wish 1 day to be President so that I'll bring the best engineers to initiate a local engineering summit that will ensure local development of industry instead of relying on *China* MANDARIN, Europe. Russia is even better. We leaders with ⚾️🥎 ...

Start at home and get rid of Beee then watch the enconomy boom

Unions are waiting and ready... unreasonable demands, ever flowing sick notes violent toyi toyi the list is endless. That how they contribute towards job creation

Shameful, mr President Ramaphosa, misleading the PEOPLE, things are worse than ever, no law in SA

Where?

It will remain an ellusive goal as long as Rama try to BS business people with nice words. Business will listen, smile and make promises. But they do not risk money unless the risk/ profit equation fits them. Risk: If Rama is gone who will take over from him? Simple, wait and see

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SA must reduce cost of doing business to attract investment - Ramaphosa | IOL Business ReportSA must make it cheaper and easier to do business in the country in order to attract the investment necessary to build the economy at a faster pace. busrep busrep SA must allow exploitation of workers. busrep What’s the point of getting the investment when all the jobs are being taken by Migrants? Ramaphosa is an idiot! He is issuing millions of work permits to migrants and yet he says he is creating jobs for South Africans. This President is mad! busrep Government needs to deal with corruption, stop peddling lies. The ANC is the problem, as they are only interested in filling their own pockets. I have never seen a more destructive force than the ANC at work. They wont be happy until there is nothing left, then blame apartheid
Source: IOL - 🏆 46. / 51 Read more »