Ahead of his participation in the Africa Chief Executive Officer (CEO) Forum in Abidjan this week, Ramaphosa stressed that global economic shifts present a unique opportunity for Africa to refine its trade and investment strategies. He reaffirmed the SA government’s commitment to creating supportive policy and regulatory frameworks that will enable businesses to expand across borders and thrive in a dynamic market.
In his weekly letter, Ramaphosa called on SA businesses to actively explore new markets while aligning with ongoing efforts to harmonise regulations within the African Continental Free Trade Area.
“The upheavals in the global economy present an opportunity for strategic, Africa-focused trade and investment policy. Government is committed to providing the necessary policy and regulatory frameworks to assist businesses in thriving across borders,” Ramaphosa stated.
SA plans to showcase its potential as a premier investment and trade destination during the Africa CEO Forum, a platform that gathers decision-makers from across the continent to discuss economic priorities. The president highlighted the importance of positioning South African firms as key players in Africa’s industrial advancement.
Ramaphosa urged businesses to take the lead in attracting investment into SA’s key sectors, including mining, agriculture, manufacturing, financial and professional services, and information technology.
--SABC/ChannelAfrica--