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Cyril Ramaphosa assures that local business confidence is returning

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But the president said the government was relying on the private sector to create much-needed jobs

President Cyril Ramaphosa has called on the private sector to be at the coalface of job creation and transforming the SA economy.“As we look set to reach our goal of securing R1.2-trillion in investment over five years, what was most encouraging was that domestic investment in our economy is on the rise. At the inaugural Investment Conference in 2018, local companies committed [investments] in the region of R157bn.

Ramaphosa said SA’s economic reform agenda was gaining traction. He said people responded to a market that they could see is reforming, growing and attracting money to itself. “We need the private sector to work with us, to remove impediments that exist in the business environment, so that they can take a lead in creating job opportunities for our people.”

 

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