China donates electricity equipment, opens market for SA avocados as Ramaphosa, Xi make deals

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China donated gifts of emergency electricity equipment worth R167 million, opened its market for South Africa's avocados – but the US dollar is here to stay, Finance Minister Enoch Godongwana told News24.

China President Xi Jinping greeting President Cyril Ramaphosa during the official state visit at the Union Buildings in Pretoria.China donated gifts of emergency electricity equipment worth R167 million, opened its market for South Africa's avocados – but trading between the two countries in US dollars is here to stay, Finance Minister Enoch Godongwana told News24.

On Tuesday, during the official China state visit at the Union Buildings in Pretoria, 11 memorandums of understanding and other agreements were signed by the two countries, including a"donation of emergency power equipment to South Africa" from the director of the China Development Bank. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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