Economy

SA President's US visit highlights economic ties, investment prospects

Date: May 20, 2025

South African (SA) President Cyril Ramaphosa is in the United States (US) this week for a critical meeting with US President Donald Trump, as both leaders seek to navigate key economic and trade discussions.

The visit comes at a pivotal moment, with economists underscoring its significance given America’s position as the fourth-largest international investor in SA, boasting over 600 companies operating across diverse sectors.

Economist Miyelani Mkhabela emphasised the strategic importance of Ramaphosa’s engagements, particularly in fostering investment opportunities and strengthening bilateral trade.  

"Looking at Microsoft and Google, they are employing a lot of people, so it’s critical to have a strategic conversation with such, as well as expected to apply wisdom," Mkhabela noted.  

US-based corporations, particularly in the technology and manufacturing sectors, play a vital role in SA’s economic landscape, providing employment and driving innovation. Ramaphosa’s discussions with Trump are expected to address concerns around trade agreements, market access, and the broader investment climate.  

--ChannelAfrica--

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