Ramaphosa’s international investment tour seeking $500 mill

Die Vryburger

Ramaphosa’s international investment tour seeking 0 mill
Ramaphosas international investment tour seeking $500 mill

Cyril Ramaphosa appointed four deputies to go hunting for money overseas, looking for 500 million US Dollars.

Trevor Manuel, Mcebisi Jonas, Phumzile Langeni and Jacko Maree will go on a global tour that will end in September 2018 with an investment conference.

According to Ramaphosa, SA is a prosperous democracy with extensive transport, communication and energy infrastructures. The legal system is independent with strong institutions and well-regulated financial sectors.

However, he avoids the crisis at Eskom, SAA, SABC and Transnet as well as the ongoing fraud and corruption involving government officials and premiers.

What the cost of the world tour will be is unknown.

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