South Africa says the invitation of President Cyril Ramaphosa to the G7 leaders summit signals an endorsement of government’s renewed drive to bolster foreign investment.
The President addressed global investors in Toronto, Canada, on Friday ahead of his participation at the G7 leaders summit in Quebec. The President, who is accompanied by a business delegation, is expected to use the visit to woo investors at the annual summit of seven of the world’s richest countries.
Speaking from Toronto, Presidency Spokesperson Khusela Diko said Ramaphosa used his engagement with investors to emphasise government’s message that South Africa is open for business.
“President Ramaphosa is very clear that the focus of this administration is going to be inclusive growth and job creation. For both foreign and domestic investors to put their money into South Africa we need to create enabling environment and has done a lot to get government to function better and become an attractive investment destination.” Click below for more on the story: