JOHANNESBURG, SOUTH AFRICA (ADV) – President Cyril Ramaphosa has assured the world that South Africa is an investment destination.
“Almost after a decade of economic stagnation, and may I add, political paralysis. We can say without any shadow of doubt or hesitation that we have begun to turn things around for our people and for our country,” said the President.
Ramaphosa was speaking at a media briefing held at Davos, Switzerland today. This is where the government, the private sector, trade unions and the civil society are currently attending the World Economic Forum.
“Although we represent different constituencies, we have a common interest in the development of our country, and the promotion of the inclusive growth path that we have embarked upon,” he added.
He further noted that as Team South Africa, they have come to Davos with one single message, that South Africa in on a path of growth as well as renewal.
Ramaphosa acknowledged that South Africa is faced with poverty, which puts the country among the worst in the world.
He a number of decisive steps have been taken to correct the weaknesses and mistakes of the past few years.
“We have placed the task of inclusive growth and job creation at the centre of our national agenda. We recognise that we cannot create work on any meaningful scale unless we grow the economy at a far greater pace. And for that we need a number of things to be in place,” added Ramaphosa.
He also said one of these key issues is that the country needs more investment, particularly in the productive sector of the economy and infrastructure.
© Bur-JHB – N.N – African Daily Voice (ADV) – Follow us on Twitter : @ADVinfo_en
