SA a 'favourable, reliable and stable place' to conduct business - Ramaphosa | The Citizen

He said trade between the two countries had reached $5 billion, and believed this could be increased further in the next few years.Ramaphosa said just as Saudi Arabia was positioned as the gateway to the Middle East and to the region, South Africa was the gateway to a dynamic continent with great prospects.

Ramaphosa said since Saudi Arabia was interested in developing its own substantial mining resources, SA could offer expertise in mining services, technologies, equipment and components.Ramaphosa said South Africa was a “favourable, reliable and stable place” to conduct business, with “sophisticated financial systems” and Africa’s deepest capital market, as well as a robust and strong rule of law, protection of contracts and property rights.

Ramaphosa said this positive investor sentiment was in part due to the process of ongoing regulatory and legislative reform aimed at making SA economy more competitive, to attract more investment and to create more jobs.

What is he smoking?

We so safe The presidentb hides Millions of questionable loot under his matress ? thats how sophisticated our financial systems are 🤣🤣🤣🤣

Really!

Did he forget to mention Loadshedding a failing infrastructure with SOE all in deep 💩or was he talking about WAKANDA again. 🤌🏾🤌🏾 VoetsekANC no one’s buying your bull

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