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Zuma bets on sub-Saharan Africa for trade

Cape Town - Sub-Saharan Africa is increasingly becoming a more important trade partner for South Africa, President Jacob Zuma said on Tuesday during his first State of the Nation address of his second term.

He said the government was encouraged that South African investments in the continent increased from R5.5bn in 2002 to R32.3bn in 2013.

"Our exports into the continent are also increasing each year, having been at 28.5%, up from 22.6% in 2002."

Zuma said the country will continue to champion broader regional integration through the Southern African Customs Union, SADC and the envisaged Tripartite Free Trade Area that spans Eastern and Southern Africa.


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