Ramaphosa says government is committed to speedy economic reforms | IOL Business Report

JOHANNESBURG - South Africa’s President Cyril Ramaphosa said on Wednesday the African National Congress-led government will speed up economic reforms to move the country “out of a low growth economic scenario”.

Ramaphosa was speaking to investors in Johannesburg after the ANC was returned to power in last week’s elections but with a reduced majority in parliament. “We have to embark on the reforms, speed up on them ... We are going to ensure that the certainty that investors want is there,” Ramaphosa said. Goldman Sachs Investor Conference South Africa #InvestSA https://t.co/iNP7FrGACX President Ramaphosa speaks at Goldman Sachs investor conference: We want to move out of the low growth scenario and get into top gear #InvestSA pic.twitter.

busrep So you will get all the comrades to give the money back they stole and have them prosecuted. Get the ANC publicly apologize for failing SA for the past 25 years

busrep Investors will only take you seriously when they see some serious action being taken against corruption, but yet, those implicated in corruption still rule the roost.

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BUSINESS MAVERICK: South Africa wins a fragile post-election window of economic opportunitySA has come out of the 8 May 2019 elections on a solid footing and has even managed to withstand the financial market sell-off on the flare-up in trade tensions between the US and China late last week. Now all eyes are on whether President Cyril Ramaphosa has the mandate to push ahead with necessary policy reform, taking advantage of this invaluable window of opportunity against a still-nervy global economic backdrop.
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