Today, President Cyril Ramaphosa is set to address international investors in Beijing, China, as part of his visit to attend the Forum for China-Africa Co-operation Summit. Over the past few days, Ramaphosa has been actively engaging with Chinese companies, encouraging them to invest in South Africa.
During his visit, the President has expressed his appreciation for the businesses that have already invested in South Africa, highlighting the importance of such investments in boosting the country's economy. Ramaphosa has been addressing the business community in Shenzhen, emphasizing the strengthened cooperation between Beijing and Pretoria.
Ramaphosa underscored the central role of trade in the relationship between China and South Africa, stating, “We are grateful that a number of your companies have been playing a role in improving our energy system in South Africa. We want to encourage your companies to do much more in South Africa. One of the key areas in which we have focused on reforms is our energy and electricity sector.”
The President's remarks reflect the ongoing efforts to attract more Chinese investment to South Africa, particularly in critical sectors such as energy and electricity, where significant reforms are underway.
