Well done, Ramaphosa, but SA needs concrete results

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Well done, Ramaphosa, but SA needs concrete results

President Cyril Ramaphosa is seen with Gauteng Premier David Makhura (R) and Minsiter of Department of trade and Industry Ebrahim Patel (L) during the launch of the new Tshwane Automotive Hub at the Ford Motor Company in Silverton, Pretoria, 5 November 2019. Picture: Jacques Nelles

The SA Investment Conference may not be a talk show, if Ramaphosa is to be believed, but concrete results is all that will save our economy.

It seems President Cyril Ramaphosa can do no wrong at the moment. Fresh from jumping on a plane to watch the Springboks win their third Rugby World Cup title in Japan last weekend, the president made all the right noises at the two-day SA Investment Conference in Sandton this week. Ratings agency Moody’s may not agree after they lowered our outlook to negative last week, but Ramaphosa insisted SA’s economy was poised for future growth in the near future. On the face of it, securing financial backing of R363 billion from local and international investors is wonderful news. This country...


 


 


 

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