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Ramaphosa leading strong team to sell SA at WEF

Kigali - Deputy President Cyril Ramaphosa and a high-level government and business delegation will use the World Economic Forum (WEF) on Africa to promote South Africa as being open to business and as a preferred destination for investments, the Presidency said on Thursday.

This year's theme of the forum is "Connecting Africa's Resources through Digital Transformation”.

Ramaphosa is leading the SA delegation to the WEF on Africa taking place in Kigali, Rwanda this week. The delegation includes Finance Minister Pravin Gordhan, Trade Minister Rob Davies, Telecommunications and Postal Services Minister Siyabonga Cwele, Minister in the Presidency Jeff Radebe as well as representatives from, among others, Eskom, the Industrial Development Corporation (IDC), Old Mutual, ArcelorMittal and Business Unity South Africa.

READ: WEF: Next industrial revolution to cut 5m jobs

According to the Presidency, Ramaphosa and his delegation will utilise the opportunity of the various platforms provided by the WEF to communicate a positive message "that South Africa's macro-economic environment remains resilient - with a dynamic and stable economy underpinned by solid economic fundamentals".

The delegation also plans to reiterate the commitment to the full implementation of the National Development Plan (NDP) as a cornerstone of SA's economy.  

On Thursday, Ramaphosa is taking part in sessions relating to implementing Africa's development agenda, Africa's so-called fourth industrial revolution, infrastructure investment and shaping new energy realities for Africa.

Ramaphosa will also participate in a cultural meeting co-hosted by the Government of the Republic of Rwanda and the WEF later on Thursday.

ALSO READ: WEF leader warns of change tsunami

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