Substantial investment already made for economic recovery: Ramaphosa - SABC News

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

United States News News

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

President Cyril Ramaphosa says out of the 152 investment announcements made in the last four years, 45 projects have already been completed and have benefitted the economy in at least 22 districts across the country.

announced since the first South African Investment Conference in 2018 have changed the lives of many South Africans.

Ramaphosa was speaking yesterday at the start of the SA Investment Conference in Sandton, Johannesburg. “The investment commitments made to date have already resulted in substantial investment in the productive economy. Almost 70 percent of the total number of projects announced since 2018 are either completed or on their way to completion,” says Ramaphosa.

“To date, approximately R460 billion of capital has been invested in building new factories, purchasing equipment, constructing roads, sinking mine shafts and rolling out broadband infrastructure. What really stands out is the impact of these investments on the lives of South Africans who are now able to earn a decent living and care for their families,” added Ramaphosa.Google SA’s Siya Madikane showcased Hustle Academy Business Bootcamp amongst other virtual initiatives that they run.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lair, Ramaka, Ranko....

One of the projects in motion was the shutting down of our post office. No one is even embarking on industrial aerobics cause we all caught up with Thabo Bester and the famous Doctor

Which projects? The only project CyrilRamaphosa did was Phala Phala money laundering, opening a Satanic church in 2020, selling us to his puppet masters (Bilderbergs)

None was addressed in any SONA🤔

,2

Cyril just talks. He is a good orator. Nothing more. He is a smooth talker. This is election talk.

Really. Where is the proof. Please list them

PhalaPhalaFarmGate GangsterPresident PresidentMoneyLaunderer

LoL

Must be those projects called the tooth fairy, Pinochio and Father Xmas

And the ANC/Governments corrupt pockets!

In short... Ayisekho njengoba isakazwa.

Its news like this that's makes me lose hope in mainstream media.

But people are still starving

When is this man accounting for Marikana and Phalaphala crimes?

🤣 🤣 🤣 Maaka

Are all these phantom businesses...

Where.. I know some cellphone factory that closed down in Durban

Bs. Where?

Fusek.

Who are the ANC MYANC trying to fool? Do they think we are stupid?

Oh Nkosi yam 🤣🤣🤣🤣 When will he ever stop lying Can’t even back up his own statements with evidence 🙄🙄 Bloody politician.

Name them one by one and read out the names and ID numbers and addresses of those who got employment so we can check to satisfy ourselves.

Name the 45 projects.....I dare you mr President

I need straight face like his to lie and believe the lie and whatever else he's smoking.

🤣🤣🤣🤣🤣🤣

Bullshit

Where are the jobs then?

Lies lies everywhere🤣🤣🤣🤣🤣

Name one 😅

Completed 🤡🤡🤡🤡

Yep, and the earth is still flat

🤣🤣🤣🤣

Where is the proof of all these or details like which company?

Tell him to give you proof, phela this guy lies

What are those projects? the economy keeps dwindling this criminal is lying PhalaPhalaFarmGate

Celebrating mediocrity 😂

Zintoni kanene ezo uzikhankanyile sidiniwe kuxokiselwa ngabantu be anc

Benefited his cadres

Which projects are those?

Ok

He mean benefited his close allies

Locations? Name of companies? Investment? 🤷🏾‍♂️

It's only him who can see those things

This man is living in fantasies and fairy tales.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in US

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.

LIVE: President Cyril Ramaphosa hosts Investment Conference - SABC NewsPresident Cyril Ramaphosa hosts last Investment Conference aimed at wooing investors to the country. Stage 6 😡😡😡😡😡😡😡😡😡 Invest to run factories with woodfire?This man is mad Matrass sofa investments 🙄🙄🙄
Source: SABCNews - 🏆 37. / 51 Read more »

There could be some surprising announcements coming out of the president’s investment conference'... where there is a problem, there is also an opportunity.' Jacko Maree, investment envoy to President CyrilRamaphosa. SAIC2023 InvestSA Moneyweb
Source: Moneyweb - 🏆 5. / 77 Read more »