News Formal

Ramaphosa invites global business leaders to join SA’s road to recovery

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

South Africa News News

The country began its drive to raise R1.2-trillion in new investment over five years almost four years ago, the president told the fourth SA Investment Conference

President Cyril Ramaphosa on Thursday turned on the charm as he called on global business leaders to join SA on its journey of economic reconstruction and recovery.

He said the government was aware of the complex challenges faced by the country, however, “we are neither defined by these challenges, nor are we daunted by them”. “We are working with the private sector to fast-track investment to unlock a potential 4,000MW of embedded generation. We have increased the licensing threshold for embedded generation projects from 1MW to 100MW.”

While the establishment of the Transnet National Ports Authority as a separate entity may not be transformational, the move was long overdue, he said.

 

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

LOL, they saying this for 10 yrs but the world is aware of southafrica corruption, racist employment laws, hopeless transport and many other negatives.

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:

 /  🏆 12. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

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

WATCH LIVE | Ramaphosa addresses investment conferencePresident Cyril Ramaphosa is expected to address the fourth SA Investment Conference on Thursday in Johannesburg.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Ramaphosa set to open SA Investment conference: Goal of R1.2 trillion almost achievedRamaphosa committed to raising over R1.2 trillion worth of investments in five years to boost economic growth and stimulate employment. Rubbish!!!! He had many of them which yield 0 results. So why don't we see it then...?
Source: TheCitizen_News - 🏆 6. / 75 Read more »

IN BRIEF: President Ramaphosa on easing of COVID-19 lockdown restrictions in SA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa has announced the easing of COVID-19 lockdown restrictions in South Africa. Im willing to be an errand boy, a gardener or any form of odd job just to feed my children🙏🏾. They've been going to school and back on an empty stomach and that cripples me as a father. I humbly ask for any tinned food or grocer you don't need🙏 He didn't ease anything... He embarrassed himself by pretending that his 'Covid rules' were about Covid. He's a tyrant who hates his people. RAMAPHOSA IS THE MOST USELESS PRESIDENT THAT SOUTH AFRICA HAS EVER HAD NOT EVEN TO MENTION THE ANC MINISTERS.
Source: SABCNews - 🏆 37. / 51 Read more »