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

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa a good, stable place to do business, Ramaphosa tells Saudi investorsPresident Cyril Ramaphosa on Saturday laid on the charm in a bid to woo investment from Saudi Arabia. 🤣 The Arabs are smart people - they won't allow his BS to influence them HE IS NOT PRESIDENT DO NOT MISLEAD US He went there and lied. How is SA stable while he and his friends are deliberately switching off electricity and water and killing business for his own citizens?
Source: TimesLIVE - 🏆 28. / 59 Read more »

South Africa a good, stable place to do business, Ramaphosa tells Saudi investorsPresident Cyril Ramaphosa on Saturday laid on the charm in a bid to woo investment from Saudi Arabia. Ramaphosa lies again You just only need to bring your own electricity and water 😎
Source: SowetanLIVE - 🏆 13. / 63 Read more »

President Ramaphosa arrives in Saudi Arabia on state visit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa has arrived in Jeddah, the Kingdom of Saudi Arabia for a State Visit to take place from Saturday until Sunday. Ask for more monies..... Ask for more money please cos we need salary increase. He is really enjoying sucking the countries money dry with all his holidays & plane trips.
Source: SABCNews - 🏆 37. / 51 Read more »

SA ready to share skills, mining expertise with Saudi Arabia: Ramaphosa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa has told business people and representatives of the Saudi government that South Africa is ready to share skills and mining expertise with them. amaSkills atheni singasebenzi? Who sent him there? I'm a SAfrican but i do not know anything about that and I'm not sharing my skills with anyone. Chomela ama China nge karate
Source: SABCNews - 🏆 37. / 51 Read more »