'Message to global investors well received'

Deputy President Cyril Ramaphosa addresses the Brand SA briefing on the sidelines of the World Economic Forum 2017 in Davos,Switzerland, this week. Photo: GCIS

Deputy President Cyril Ramaphosa addresses the Brand SA briefing on the sidelines of the World Economic Forum 2017 in Davos,Switzerland, this week. Photo: GCIS

Published Jan 19, 2017

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Deputy President Cyril Ramaphosa, who is leading a 60-strong country delegation to the World Economic Forum in Davos-Klosters, Switzerland, said on Thursday the message carried to the international investment community had been very well received.

On day two of the four-day WEF Annual Meeting, Ramaphosa said Team SA had acquitted itself “extremely well” in selling the country.

“The message that has been put forward by Team SA has been positively received, we’ve exuded a very positive disposition here, we have had a very strong message, a very positive message, which has basically been saying that South Africa is open for business, South Africa is open for engagement, South Africa is open for dialogue on any issue,” Ramaphosa said.

Ramaphosa said there was not a single negative note from the South African delegation, which comprised several senior ministers, leading lights from the South African business world and representation from labour and civil society.

South Africa is seeking foreign investment to help drive economic growth and is using the WEF as a platform to market the country as a favourable investment destination.

African News Agency

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