SA, Ghana seek to improve economic ties

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President Cyril Ramaphosa will on Thursday morning host his Ghanaian counterpart Nana Akufo-Addo who is on his first state visit to South Africa.

Both leaders will meet for the first time as heads of state at the Union Buildings in Pretoria, to discuss bilateral trade and investment co-operation.

The two countries established a Permanent Joint Commission for Cooperation in 2007.

It is responsible for providing a platform to enhance diplomatic relations and economic development co-operation.

Akufo-Addo hopes to use his visit to unveil new strategies to increase Ghanaian company’s investment levels into the South African economic market.

Ghana has emerged as one of the most stable and investor friendly economies in west Africa.

Some of the major South African exports to Ghana include products such as nuclear reactors, boilers, vehicles, metals, electrical machinery and equipment.

Whilst imports from Ghana, include precious and semi-precious stones wood and rubber.

Both President’s Akufo-Addo and President Ramaphosa will later in the day address a South Africa-Ghana business forum which aims to explore further trade and economic cooperation between the two countries.