US, SA set up joint task force on trade and investment: Ramaphosa

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[PRESIDENT’S DESK] President Joe Biden and I agreed that we must do more to increase business between our two countries... First and foremost, we have to overcome the electricity crisis. Moneyweb Investment Loadshedding

A few days ago, I met with US President Joe Biden in Washington to discuss several issues of concern to both our countries, including peace and security, climate change and food security. Most importantly, we discussed ways to deepen trade and investment between our two countries. Behind China and the European Union, the United States is South Africa’s third largest trading partner and is the second largest destination of our country’s exports. There are around 600 US companies in South Africa.

Listen/read: Eskom crisis continues Solving the electricity crisis is necessary if we are to realise the potential of our economy. Investment in SA In 2018, we launched an ambitious investment drive to raise R1.2 trillion in new investments over five years. To date, and with still a year to go, we have raised more than 90% of that amount in commitments from both domestic and foreign investors.

 

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This so-called el presidente is not fit for the post. He likes sugarcoating bad stuff as if he's under control. He's just incompetent like his predecessor. This power crisis is here got us back to the stone age and cavemen era,, It doesn't bother him.

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There is no crisis at Eskom just your creation.

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