Deputy President Shipokosa Paulus Mashatile will, tomorrow, 10 January 2025, attend and deliver a Eulogy at the funeral of the late Prof. Sibusiso Bengu, who passed away on 30 December 2025.
 
President Cyril Ramaphosa has honoured the late Prof Bengu with a Special Official Funeral Category 2. As the first Minister of Education in a democratic South Africa, Prof. Bengu played a pivotal role in the transformation of a deeply flawed and unequal education system of the apartheid era. 

To this day, ordinary South Africans still benefit from the immense contribution of Prof. Bengu, through the Education Act, which mainly addresses issues around the transformation of the sector and the provision of developmental and empowerment opportunities for all South Africans.
 
Details of the funeral service are as follows:

Date: Friday, 10 January 2025
Time: 08h00
Venue: University of Zululand, KwaZulu-Natal 
 
 

Media enquiries: Mr Keith Khoza, Acting Spokesperson to the Deputy President on 066 195 8840.

Issued by: The Presidency
Pretoria

President Cyril Ramaphosa has declared that the late Prof Sibusiso Bengu, the democratic South Africa’s first Minister of Education, will be honoured with a Special Official Funeral Category 2.

Prof Bengu passed away on 30 December 2024 at the age of 90.

President Ramaphosa reiterates his deep condolences to the family and friends of Prof Bengu, who also served as South Africa’s ambassador to Germany from 1999 to 2003.

Prof Bengu’s Special Official Funeral Category 2 will be held at the University of Zululand in KwaZulu-Natal on Friday, 10 January 2025.

Proceedings will include ceremonial elements rendered by the South African Police Service.

President Ramaphosa has directed that the National Flag be flown at half mast at flag stations around the country from tomorrow morning, Tuesday, 7 January, until the evening of the funeral.

 

Media enquiries: Vincent Magwenya, Spokesperson to the President – media@presidency.gov.za

Issued by: The Presidency
Pretoria

President Cyril Ramaphosa has expressed his deep sadness at the passing of Prof Sibusiso Bengu, the democratic South Africa’s first Minister of Education, who has passed away at the age of 90.

President Ramaphosa offers his condolences to the family and friends of Prof Bengu, who also served as South Africa’s ambassador to Germany from 1999 to 2003.

President Ramaphosa said: “My thoughts are with Mama Funeka and the family with whom we are united in this loss.

“Prof Bengu was a pioneering leader of our democratic dispensation and administration who led the transformation of education in a democratic Government of National Unity where deep divisions existed about how far this transformation should go.

“Under apartheid, the injustice of unequal education had been at the core of consigning most citizens to intergenerational economic exclusion, poverty and indignity.

“The Education Act formulated under Prof Bengu’s leadership and adopted by our fledgling Parliament was a cornerstone of our liberation and unleashed the human potential of all South Africans. It was and is still the lever for the empowerment and development we see today in the lives of individuals and communities.

“We are therefore indebted to Prof Bengu for his patriotic and visionary service in serving our nation at home and abroad as our Ambassador to Germany.

“His legacy is entrenched through the Sibusiso Bengu Development Programme which seeks to advance the development of historically disadvantaged institutions in higher education as strong, socially embedded institutions in a diversified post-school education and training system.

“Today we are grateful for Prof Bengu’s diverse contributions to our development, which will light our way forward. We reflect as well on his life of faith which inspired his commitment to restoring the dignity of all South Africans.

“May his soul rest in peace.”

 

Media enquiries: Vincent Magwenya, Spokesperson to the President – media@presidency.gov.za

Issued by: The Presidency
Pretoria

My Fellow South Africans, 

As we prepare to enter the new year, we look back on 2024 as a year
of change and progress.

We marked 30 years since becoming a free and democratic nation on the 27th of April 1994.

We celebrated the progress made in building a society founded on the ideals of freedom, equality and human rights.

On the 29th of May 2024, We held our seventh democratic elections, peacefully and freely.

As the people of South Africa voted for the representatives of their choice, they gave voice to their concerns, aspirations and expectations.

Our people, through their votes, called on political parties to put their differences aside and to work together to put our country first.

As elected public representatives and acting on the outcomes of the elections that gave no single party an outright majority to govern South Africa on its own, we heeded the clear message from our people.

We established a Government of National Unity, bringing together parties from across the political spectrum.

This Government of National Unity, made up of 10 political parties, committed through the Statement of Intent it adopted to grow an inclusive economy and create jobs.

The GNU has committed itself to reduce poverty and lower the cost of living.

The parties are all working to strengthen the capacity of the state to deliver services to our people.

The outcomes of the May 2024 elections and establishment of the Government of National Unity have enabled South Africa to enter a new era that holds great promise.

Our economy is slowly but steadily improving.

More South Africans are finding jobs.

Inflation has been falling, making essential goods more affordable for households.

 In 2024, South Africa achieved its first primary budget surplus in 15 years.

Public sector investment has risen for another straight year.

There is increased investment in roads, rail, public housing, energy and water and sanitation infrastructure.

Business confidence to enhance investments is on the rise.

International investor sentiment towards South Africa has improved, with more companies seeking to invest or expand their presence in our economy.

As this happens more jobs will be created, more livelihoods supported and more local businesses sustained.

The far-reaching economic reforms we started in the sixth administration are showing results.

We are emerging from a debilitating energy crisis that caused immense hardship for households and businesses.

 The country has now gone for 280 days without load shedding.

We continue the work to get more power onto the grid, to drive massive new investment in electricity generation and to establish a competitive electricity market.

Our logistics sector, which is critical to the functioning of our economy, has shown notable improvement following the corrective initiatives that we embarked upon in partnership with business, labour and Transnet.

Our ports have reduced long delays in handling imports and exports, and rail freight is flowing more efficiently. 

This will encourage greater investment and make them more efficient.

Through the partnership between government and business – and through the ongoing cooperation with social partners, including labour – we are making real progress in removing the obstacles to faster growth and job creation.

This has been a year in which we have intensified the fight against crime.

Through the focused execution of Operation Shanela, Operation Vala Umgodi as well as operations against the construction mafia, our law enforcement agencies are decisively dealing with organised crime, illegal mining, extortion at construction sites and other priority crimes.

As a society, we have continued to focus our attention on the fight against gender-based violence and femicide.

We have strengthened the capabilities of the criminal justice system and improved support for survivors.

However, our primary focus must remain on the prevention of gender-based violence against the young girls and women of our country.

Working with civil society and other partners across our society, we continue to call upon men and boys to stand at the forefront of changing attitudes and behaviour.

We continue to intensify the fight against corruption and state capture.

The Investigating Directorate, which has now been established as a permanent entity in the National Prosecuting Agency, currently has a number of corruption cases in court and has charged several accused individuals.

In this 30th year of our democracy, we have taken further steps to advance our constitutional mandate of upholding equality, human rights and social justice.

We signed into law transformative legislation like the National Health Insurance Act and the Basic Education Laws Amendment Act.

The implementation of these laws will provide greater access for all South Africans to decent health care and quality education.

Just as we attained our freedom through the support and solidarity of many people and nations around the world, we continue to stand in solidarity with the victims of injustice in other parts of the world.

We have stood firm in our support for the struggle of the people of Palestine.

As the conflict in the Middle East continues, as genocide is perpetrated against the people of Gaza and as Israeli hostages remain in captivity, we continue to call for the cessation of hostilities and the release of hostages. 

South Africa’s sports men and women have done our country proud in the sporting field as they have flown the South African flag high in various parts of the world. 

We are grateful to the athletes who brought us glory at this year’s Olympic and Paralympic Games in Paris.

We are proud of our nation’s artists who hoisted our flag high on the global stage.

We congratulate the nation’s pioneering artists, filmmakers, writers and cultural workers who have excelled in their respective fields, achieving awards both at home and abroad.

This has been a year of triumphs and great progress. But it has also been marked by tragedy.

The deaths of innocent young children in Soweto and other parts of the country who lost their lives earlier this year from eating contaminated foodstuffs pain us as a nation. 

We reiterate our condolences to the families of the children who passed on.

We remember the many lives that are senselessly lost to violence every day.

We are deeply saddened by the negligent and unnecessary recent deaths of young men at initiation schools in the Eastern Cape.

Our thoughts are with the families that have been left destitute in the Western Cape after devastating shack fires destroyed their homes and belongings.

As individuals and as communities, we must lend our every effort to helping those affected by these terrible events.

We will work with our law enforcement authorities to ensure that our children are safe.

We will continue to make our streets and neighbourhoods safe.

As another year draws to a close, we pay tribute to all those who continue to serve our country.

We thank our nation’s educators who support, nurture and guide our learners in the quest for better quality education.

We thank our men and women in uniform for keeping us safe at great sacrifice to their lives.

We thank our doctors, nurses, paramedics and other health workers and all frontline personnel who respond to people in their need.

We thank the nation’s dedicated public servants and all South Africans who continue to perform their duties with excellence and integrity.

Fellow South Africans,

As much as we have made progress, we have to do much more to overcome the challenges that confront our nation.

We need to work with urgency and purpose to grow an inclusive economy and create jobs.

We need to support our municipalities to ensure that all our people receive quality services without exception and without disruption.

In particular, we need to continue to work together to address the severe water supply challenges that have affected various parts of the country.

As a people, our unity, determination and resilience has seen us through hard times.

Just as this has been a year of great change, we look to the next year with great hope.

We will be embarking on a National Dialogue, bringing all South Africans together to develop a common vision for the country.

In 2025, we will be hosting the first G20 Summit on African soil.

Through our leadership of the G20 we will work for solidarity, equality and sustainable development that will have an impact on many peoples around the world.

As we embark on a new year, I call on each and every South Africa to be part of the journey towards a better future for all.

I wish you all a peaceful and prosperous New Year.

May God bless South Africa and protect her people.

I thank you.
 

Fellow Compatriots,

Once again, the festive season is upon us!

It is my privilege on behalf of the South African Government to address you as we celebrate this festive season.

The festive season allows us time to spend with families and our loved ones and reflect on the challenges and achievements of the year while looking forward to the future. 

The year 2024 was an important year for all South Africans as we celebrated 30 years of democracy. South Africans were engaged in many activities that continued to make our democracy vibrant and make us remain a resilient nation.

This year was also in some respect a turbulent one for many South Africans, with wavering events that tested our resilience and unity as a nation. I would like to thank all South Africans for having participated in a free and fair elections on the 29th of May this year. The outcome of this election sent a clear message to political parties in Parliament to work together to find solutions to the problems that our people are facing.

Our economic challenges remain a constant feature in our struggle to reduce the cost of living. We remain committed to bringing under control the rising cost of transport, electricity and the cost of food that has become a huge burden to many South Africans.

The Quarterly Labour Force Survey for the third quarter of 2024 showed a significant decrease in unemployment, yet millions remain unemployed.

According to a World Bank report, our nation continues to be one of the most unequal societies in the world. As part of providing solutions to these challenges, Government is implementing plans to ensure inclusive economic growth to create jobs and has invested significantly in the social wage package to reduce inequality and address the worst effects of poverty. 

This package includes free basic services - health, education, and social housing for the poor, as well as extensive social security grants for the elderly and other vulnerable groups in our communities.

The 7th Administration has already intensified efforts to attract investment by raising investor’s confidence in the economy, and the ability to maintain the electricity supply and ensure that we end load shedding. 

We are now more than 300 days without load shedding. This is the first winter that we spent without load shedding in five years. We thank the men and women in the Public Service for their hard work. We also thank the private sector for their contribution as we continue to keep the lights on and invest in Renewable Energy as we move towards the Just Energy Transition (JET).

President Cyril Ramaphosa has established the Water Task Team this year to address water challenges in various parts of the country. Government has also intervened to deal with the problem of illegal spaza shops and selling of illicit goods and food to communities. Many were affected by food- borne illnesses that saw many children lose their lives. We urge all traders to register their businesses and comply with the regulations. Government has also adopted stringent measures to combat crime, corruption and also curb the illegality of Zama-Zamas.

We have made strides in addressing issues faced by government departments and agencies, including clearing the backlog of identity documents, visas and improving the processing of work permits. 

Fellow Compatriots,

We recently concluded the 16 Days of Activism for No Violence Against Women and Children, which underscores our collective responsibility to combat the scourge of Gender Based Violence and Femicide (GBVF).

However, sixteen days are not enough, we must come together as communities to address and combat GBVF throughout the entire year. We commend men who are participating in the “BETTER MAN 4 TOMORROW” campaign and stood up to commit against GBVF, HIV/AIDS, TB and STI’s. We urge more men to partake in this campaign.

Although we are making progress in our fight against HIV/AIDS epidemic, we remain concerned that many South Africans are not on Anti Retroviral Treatment (ART), especially men. Taking treatment is important for us to win the war against HIV/AIDS. We are also accelerating interventions to end AIDS in children by 2030.

We also want to thank Traditional leaders for partnering with Government in the fight against GBVF and HIV/AIDS.

During the festive season, we must be mindful of alcohol and substance abuse. While celebration brings joy, it can also lead to overindulgence and unhealthy behaviours. 

Excessive drinking can impair judgment and cause accidents, especially on the roads. Alcohol and substance abuse can cause conflicts, leading to strained relationships in families.

We urge all South Africans to remain responsible this festive season not to drink and drive. Drinking and driving endangers the lives of passengers, pedestrians, and other road users.

Fellow Compatriots,

As we celebrate this festive season, let us remember the families who are grieving the loss of their loved ones during the year.

Let us also remember those who died on our roads; those who were victims of crime; and those who succumbed to various illnesses.

To those who are in hospitals, we extend our best wishes and speedy recovery.

We should remember those who are the less fortunate and share whatever we have with them so they too can feel the love and compassion as we engage in festivities.

Fellow Compatriots,

Let me extend our gratitude to the civil servants and frontline workers who have worked tirelessly throughout the year. This includes our teachers, healthcare workers, law enforcement officials, community leaders, and all those who continue to contribute to the safety and well-being of our nation. We also wish to pay tribute to thousands of matriculants who are awaiting their results. We are confident that you have done your best and will make us proud.

Let me acknowledge the individuals who have significantly impacted our nation through sports and the arts. Team South Africa represented the nation at the 2024 Olympic and Paralympic Games in Paris, France, and won six medals. The Sprignboks are now ranked number one in Man’s Rugby in the world and Bafana-Bafana have qualified for the Africa Cup of Nations. We are also closing the year on a high note celebrating the historic double victory of the South African Women (SPAR Proteas) and Men’s Netball Teams.  

We congratulate all of them for hosting the SA flag high!

We have also witnessed a wave of growth in the art industry, particularly with the unique Amapiano genre. Our creative industry has inspired many global artists, and that was also evident during the recent FNB stadium event with international star Chris Brown dancing to our beat.

We also congratulate Tyla for winning a Grammy Award and applaud her contribution towards making South Africa to be recognised on this global platform. Sport, arts and culture continue to make a huge contribution to social cohesion and nation building. I urge everyone of us to continue to work together to build a truly non-racial, non-sexist, and prosperous South Africa, united in our diversity.

Once again, we urge those who are driving during this period to please adhere to the rules of the roads, don’t drink and drive, no speeding, wear seatbelts and take time to rest when driving long distances. We want everyone to arrive alive at their destinations.

On behalf of the South African government, I wish you a merry Christmas and prosperous New Year. 

Thank you, Siyabonga, Baie Dankie, Ha khensa Inkomu!
 

My Fellow South Africans,

On the 13th of September this year, I signed into law the Basic Education Laws Amendment Act.

This Act is vital to the transformation of the education system in our country.

The Act is an important part of ongoing efforts to build an education system that is more effective and more equitable in line with the precepts of our Constitution.

The BELA Act continues the work that has been done over the last 30 years to ensure that all children have equal access to quality education – from their early years and throughout their schooling.

As a democratic country committed to building a new society, we have stated unequivocally that all children must get an education that prepares them to succeed in life, no matter what the circumstances of their birth might be, no matter where they live, no matter what language they speak.

In implementing this Act we are all ultimately guided by the Constitution.

The Bill of Rights guarantees the right of every person to equality.

It guarantees the right of every person to receive a basic education.

Importantly, the Constitution says that every person has the right to receive education in the official language or languages of their choice where reasonably practicable.

This is a right that applies equally to an English-speaker as it does a Zulu-speaker.

It applies equally to someone who speaks Afrikaans as it does to someone who speaks Xitsonga, Sesotho, Sepedi, isiXhosa, Setswana, Tshivenda, isiNdebele or siSwati.

And now, it also applies equally to someone who uses the South African Sign Language.

The Basic Education Laws Amendment Act enacts measures that strengthen the ability of our schools to give effect to these Constitutional rights.

In the application of this law, we must ensure that no language is diminished. Rather, we must work to ensure that all official languages are valued and promoted.

At the time that I assented to the BELA Bill, I noted that a number of parties to the Government of National Unity and other key role players in our country had expressed their wish to further engage each other on sections of the bill that deal with issues of admission and language.

I said that whilst I had assented to the Bill, in the spirit of cooperation and meaningful engagement, I would delay the implementation date of the BELA Act in totality by three months.

This would give the parties time to deliberate on these issues and make proposals on how the divergent views may be accommodated.

I also said should the parties not agree on an approach at the end of the three-month period, I would then direct the Minister and the Department to proceed with the implementation of the Act.

Over the last three months, discussions have been held with a view of reaching consensus on these outstanding clauses of the BELA Act.

Various formations outside of government have also made representations, both for and against the relevant sections.

Last week, I received a report from the Government of National Unity ‘clearing house’ mechanism.

This is the structure which brings together the parties to the Government of National Unity and other parties represented in Parliament to deal with contentious issues and thereafter report to the leaders of the political parties represented in the Government of National Unity.

In their final report, the parties agreed that the Basic Education Laws Amendment Act should not be sent back to Parliament to make changes to the  sections that were in contention.

The GNU clearing house  participants agreed that the Act be fully implemented.

This view was endorsed by the leaders of the parties to the GNU in a meeting I held with them today.

I accordingly advised them that I would proceed to sign a Presidential Proclamation to bring the Basic Education Laws Amendment Act into operation from today.

I have instructed the Minister of Basic Education to see to the full implementation of the BELA Act.

I have also instructed the Minister to do what is necessary, as is customary with any law, to ensure that the timeframe of implementation – particularly with regard to the preparedness of the system for universal Grade R access – and the consequential  regulations setting out the norms and standards are prepared.

All bodies and all officials responsible for the implementation of this Act are required at all times to act in accordance with the Constitution, the law and the relevant policies and regulations.

We must therefore do everything in our means to ensure that every child, without exception, has equal access to a decent, quality education.

We must therefore leave no child behind.

Let us ensure that our children get the best education so that they can take our beautiful country and our diverse nation forward to a prosperous future.

Morena boloka sechaba sa heso.
Nkosi sikelela iAfrika.
God seën Suid Afrika.

God bless South Africa.
Hosi katekisa Afrika Dzonga.
Mudzimu vha fhatutshedze Afurika Tshipembe.

I thank you.
 

President Cyril Ramaphosa has assented to the South African Post Office SOC Ltd Amendment Bill, which expands the mandate of the South African Post Office and repurposes the Post Office infrastructure to provide diversified and expanded services.
 
The new law expands the objects and mandate of the Post Office and enables its relevance and sustainability by including services that respond to the needs of the users and customers.
 
The expansion will ensure that the Post Office is not only empowered by the legislation to provide basic postal services but is empowered to provide other value-added services to expand on its revenue generating streams.
 
The new law enables the Post Office to serve as a hub for government services and other agency services, and as a digital hub for businesses and communities.
 
The Post Office will also be able to serve as a logistics partner to other e-commerce providers – including small enterprises and informal traders - and any future business that the state-owned company may develop to serve users and consumers.
 
The Post Office is now empowered to continuously adjust its business model in line with the technological and industry developments in the provision of postal services and other services and to enhance the provision of Universal Services Obligation, including the roll-out of service points and the use of third-party infrastructure.
 
The law aims to encourage government institutions, which include national and provincial departments, national and provincial government components and municipalities, to use Post Office infrastructure in the delivery of their services and set aside certain services to be provided by the Post Office.
 
This aims to eliminate the company’s over-reliance on government funding and ensure efficient utilisation of post offices.
 
The new law also addresses governance matters such as the size of the South African Post Office Board, the functions for the Board to deal with creditors and skills requirements for board membership.
 

Media enquiries: Vincent Magwenya, Spokesperson to the President – media@presidency.gov.za

Issued by: The President
Pretoria
 

President Cyril Ramaphosa has assented to the National Nuclear Regulator Amendment Bill, which provides for nuclear safety oversight ranging from the decontamination of defence facilities to airline pilot safety.

The Amendment Bill amends the National Nuclear Regulator Act of 1999 to align it with current international regulatory best practices as determined by the International Atomic Energy Agency (IAEA).

This alignment is necessary because South Africa is one of the founding members of the IAEA and is a signatory to various international conventions governing nuclear safety, as promulgated by the IAEA.

The law gives the National Nuclear Regulator additional functions and provides for the decontamination, decommissioning and closing of national defence force facilities, equipment, machinery and scrap for civilian use.

The Amendment Bill inserts new definitions, amends certain definitions and removes obsolete definitions in order to align with IAEA international best practices.

The law now empowers the Regulator to exercise regulatory oversight to provide nuclear safety assurance that property of the South African National Defence Force (SANDF) designated for release for civilian use will not cause radiation harm.

The Bill signed by the President also empowers the Regulator to exercise regulatory oversight over occupational exposure of aircrew to cosmic radiation flying below 49 000 feet.

The new law provides for the control and management of the affairs of the Regulator, including the term of office the board and the establishment of board committees, and expands the scope of activities which cannot be undertaken without obtaining authorisation from the Regulator.

The amended law also excludes the application of the Defence Act of 2002 – which deals with permits for and inspection of - naval vessels of a foreign state that are visiting South Africa, in view of the challenges of foreign forces disclosing details of naval vessels to host countries.

Media enquiries: Vincent Magwenya, Spokesperson to the President – media@presidency.gov.za

Issued by: The Presidency
Pretoria
 

Programme Director;
Ambassador Wu Peng;
Chairman of SACETA, Mr Zhang Chaoyang;
CEO of Samancor, Mr Desmond McManus;
SACETA beneficiaries present;
Senior Government officials present;
Ladies and gentlemen,

Good morning, Nǐ hǎo!

It is an honour to be invited to this launch ceremony of the Corporate Social Responsibilities Report of SACETA. This event embodies the strong and enduring partnership between our two nations.

The Republic of South Africa (RSA) and the People’s Republic of China (PRC) share a strong and longstanding relationship.

Throughout the years, the bonds between our two nations have deepened, revealing the potential for collaboration with a mutual goal of promoting inclusive and equitable growth.

This was evident when our bilateral relations were elevated to a Comprehensive Strategic Partnership in 2010, marking a "golden era" of cooperation.

In November 2023, I conducted a bilateral visit to the People’s Republic of China. The visit aimed to explore a variety of opportunities to strengthen areas of cooperation and fortify our enduring economic, trade, and interpersonal connections.

My visit included co-chairing the 8th BNC, which focused on practical collaboration on international relations, economic cooperation, minerals, energy, education, science & technology, and the oceans economy.

One of the outcomes of the 8th BNC was to review the current framework of the Sectorial Committees to include more departments. We have also identified critical areas of cooperation for the next two years.

As Chinese-funded enterprises in South Africa, we encourage you to increase your investments in important sectors of the economy, particularly the automotive industry and infrastructure development.

Moreover, the 8th BNC underscored the urgent need to address the structure of the bilateral trade relationship and promoted broad market access for more value-added South African goods in China.

Ladies and gentlemen, 

Let me also point out that in September this year, President Cyril Ramaphosa made his second State Visit to China, during which he upgraded relations to an All-Round Cooperative Strategic Partnership for the new era.

It is commendable that during the second State Visit, the two Heads of State reached several important common understandings, among others including that:

● China firmly supports national unity and the path of economic and social development that South Africa has chosen.

● The two countries have agreed to enhance cooperation and synergy between the Belt and Road Initiative, the Economic Reconstruction and Recovery Plan and the implementation of the 10-year Strategic Program of Cooperation (2020-2029) to address priority political and socio-economic issues.

● Both sides committed to providing a stable, fair, and enabling business environment for companies.

● Furthermore, both sides agreed to continue strengthening coordination and collaboration under the BRICS mechanism and work towards more practical outcomes of cooperation within the expanded BRICS framework.

All these visits and engagements demonstrate our dedication and respect for our unique and ever-expanding friendship as we collaborate to establish a high-quality China-South Africa community with a shared future.

Ladies and gentlemen,

As a country, we remain committed to collaborating with regional and global partners to promote solidarity and increase trade relations.

We believe that such collaboration is important for poverty eradication, inequality elimination, and fighting unemployment.

Therefore, today as we gather to launch the Corporate Social Responsibilities (CSR) Report by SACETA, we celebrate not just the economic cooperation between our countries, but also our shared commitment to sustainable development and corporate governance.

In this regard, we acknowledge SACETA members' substantial contributions to South Africa's economic and social development. Your participation and investment in our country are critical for creating jobs and promoting economic growth and development.

The report launching today highlights the contributions of Chinese-funded enterprises in South Africa to environmental conservation, community development, education, and healthcare. It acknowledges the importance of responsible business practices and their positive impact on society, highlighting their dedication to social responsibility and efforts toward a more inclusive and sustainable future.

The 200 Chinese-funded enterprises in South Africa serve as role models for businesses, demonstrating that profitability should be balanced with social good. As the global economy faces challenges like climate change and social inequality, businesses must embrace their role as agents of positive change. The Corporate Social Responsibilities Report exemplifies this ethos, inspiring a prosperous, equitable, and sustainable future.

Ladies and gentlemen,

As the global landscape continues to evolve rapidly, it is essential for nations to cultivate strong partnerships to thrive and navigate the challenges of the modern world.

We should leverage our expertise to navigate towards a more sustainable path, guided by the principles of joint pursuit and a shared future. Our countries have complementary strengths and resources, making us ideal economic partners.

China, as one of the world's greatest economies, provides an enormous market for South African goods and services. In return, South Africa provides rich resources, such as minerals, agricultural products, and skilled labour, to support China's rising economy.

Improving trade connections between South Africa and China benefits both countries directly and has a positive ripple effect throughout the region. Increased trade creates jobs, stimulates economic growth, and improves living standards for the people of both countries.

However, our trade structure is imbalanced. Last year, the value of China's imports far exceeded its exports. Total bilateral trade increased from R614 billion in 2022 to R692 billion in 2023, while China's R146 billion deficits remained the highest among any of the country's trading partners.

We intend to work with China in addressing the trade deficit and structure of bilateral trade by broadening its export basket, especially to export more value-added products.

South Africa mostly exports minerals and agricultural products to China while importing mostly manufactured goods from China. At a time when African economies are becoming more integrated, China's technological prowess may help Africa industrialise and export more than just raw materials. Instead of exporting raw agricultural items, South Africa may export processed foods that are more valuable.

We further agreed that we must meet China's specific market access requirements, such as full compliance with the General Administration of China's (GACC) regulations and standards.

However, China can assist by streamlining import procedures and lowering regulatory hurdles; China may become a larger market for our products, benefiting both South African producers and Chinese customers.

As Chinese-funded enterprises operating in South Africa, you must seize opportunities in emerging fields such as artificial intelligence, the digital economy, and green energy.

Similarly, South African companies can leverage Chinese capital and expertise to expand their operations globally and tap into new markets.

South Africa and China can thrive in an interconnected world by forming strong partnerships, overcoming economic uncertainties, and leveraging globalisation's benefits.

Maintaining this relationship, building trust, and looking for new opportunities for collaboration are vital for both nations. We believe SACETA's initiatives will continue to foster this partnership by looking at fresh investment opportunities.

In 2023, Chinese businesses revealed plans to invest up to 15 billion rand at South Africa's fifth Investment Conference. In that same year, we witnessed the signing of significant purchase agreements totalling 2.2 billion US dollars with companies in both nations. Therefore, our positive trade relations continue to be crucial in combating unemployment, inequality, and poverty.

Ladies and gentlemen, 

To promote the interests of the developing countries and change global governance institutions, we must also keep up our close collaboration and mutual consultation on global issues within the frameworks of the United Nations, G20, BRICS, and Forum on China-Africa Cooperation (FOCAC).

Recently, President Ramaphosa participated in the 2024 FOCAC Summit in Beijing, where South Africa placed high priority on promoting the implementation of Agenda 2063. Agenda 2063 is Africa's blueprint for socio-economic development and its flagship projects to redress the post-1994 legacy of unemployment, poverty, and underdevelopment.

We agreed at the summit that increased coordination between the FOCAC Declaration and Action Plans, the recently adopted Second Ten-Year Implementation Plan, and the strategic intervention areas of Agenda 2063 is essential for Sino-African cooperation in expanding the continent's collective economy.

As we take over the G20 Presidency, I must state that South Africa is prepared to host the G20 summit in 2025. 

We will work to advance long-term solutions to high structural deficits and liquidity issues, as well as to provide debt relief to developing economies. We will take advantage of this opportunity to put the African continent's and the Global South's development priorities to the forefront of the G20 agenda.

Ladies and gentlemen,

We can all agree that our partnership should go beyond our two countries. The African Continental Free Trade Area (AfCFTA), which provides access to a market of more than 1.3 billion people, provides an even stronger incentive for China and other countries to invest in Africa's manufacturing capabilities and infrastructure.

China, which has achieved tremendous success in infrastructure development, is an important partner for Africa in its aspirations to achieve economic integration and global connection.

South Africa, as a gateway to Africa's market, is committed to fostering high-quality development by creating an economic environment that facilitates economic opportunities, prioritises redistribution and industrialisation, and attracts foreign direct investment (FDI) opportunities.

In 2023, the total stock of FDI from China in South Africa amounted to about 5.84 billion U.S. dollars. This was a decrease from 5.74 billion U.S. dollars in the previous year.

We call for China's sustained and new FDI to support assembly, manufacturing, infrastructure development, and beneficiation at the raw material source.

We need to see increased FDI to create new jobs, expand businesses, and increase production, all of which contribute to the growth of the country's economy.

Considering that South Africa is grappling with significant skills shortages across several crucial sectors, particularly in IT, engineering, healthcare, and finance. I would like to encourage SACETA to also focus on this area. 

As a country, we have implemented measures to make it easier for foreigners to apply for and acquire work permits. According to Reserve Bank data, each vital talent brought into the country has the potential to indirectly create seven more jobs.

As a country, we wish to collaborate with you to address these important skill shortages through attracting foreign talent.

We are certain that by partnering with you in this area, South Africa will be able to preserve its long-term growth trajectory, employing people capable of meeting current demands while also adapting to future challenges.

As we move forward, let us reaffirm our commitment to expanding South African-Chinese trade and investment cooperation. Together, we can build a more successful and sustainable future for our countries.

I thank you.

Programme Directors,
Your Excellency Joao Lourenço, President of the Republic of Angola,
Minister of Trade, Industry and Competition of South Africa, Mr. Parks Tau,
Minister of Industry and Commerce of the Republic of Angola, Mr. Rui de Oliveira,
Ministers from Angola and South Africa
Ambassadors,
Leaders of business from Angola and South Africa,
Representatives of business and trade organisations,
Guests,
Ladies and Gentlemen,

It is my pleasure to address this inaugural South Africa-Angola Business Forum. 

It is heartening and encouraging to see such a broad representation of business from our two countries. 

This is in itself a solid demonstration of confidence. 

Confidence in the strength of the region’s two largest economies. 

Confidence in the potential that exists for deepening trade and investment ties. 

Confidence that the governments of both countries are taking the necessary steps to ensure that the business operating environment is improved so investments can be safe and secured. 

Earlier today, President Lourenço and our respective delegations held fruitful talks.

We explored a wide array of critical political, economic, and social issues of mutual concern, addressing challenges and opportunities not only for our two nations but also for the broader African continent and the global community.

During our official engagement, we reached a shared understanding that significant opportunities exist to further strengthen and expand our bilateral trade and investment relations. 

More than twenty South African entities are already investing in Angola in a range of sectors including rail, agriculture, industrial parks, oil refineries, manufacturing, IT, financial services and logistics.

I am pleased to see some of these investors present here today.

South African Development Finance Institutions are also financing several key projects in Angola. 

By way of example the Development Bank of Southern Africa is financing port development, railway rehabilitation, oil and gas infrastructure and renewable energy development in Angola. 

The Export Credit Insurance Corporation of South Africa has also maintained a healthy pipeline in Angola in infrastructure development - and the Industrial Development Corporation is involved in financing the Cabinda Oil Refinery and the Cabinda phosphate project.

We would like to see substantially more Angolan FDI inflows into the South African economy. 

Between 2003 and 2024 we have seen only a handful of Angolan companies investing in South Africa, in communications, financial services and the metal sector.

With respect to trade, though South Africa’s exports to Angola have grown by approximately 11 per cent since 2019, they account for just three per cent of Angola’s total imports. 

Our imports from Angola have declined by some 19 per cent since 2019.

Casting the net wider presents immense possibilities for improving both trade and investment flows. 

South Africa is pursuing an ambitious economic development agenda based on export-led industrialisation.

We seek to revitalise our industrial base, modernise our infrastructure network and strengthen logistics and supply chain connectivity with the rest of the continent.

This presents significant opportunities for cooperation in various sectors such as agriculture and agro-processing, energy, rail rolling stock, infrastructure, healthcare, oil and gas, as well as mining and minerals beneficiation. 

The rapid growth of key clean energy manufacturing industries as part of the global transition to a low-carbon economy is an area we must explore urgently. 

The global energy transition offers new opportunities to upgrade and diversify into technology-intensive global value chains. 

The transition to a low-carbon economy therefore presents scope for collaboration around critical minerals – specifically with regards to value addition and beneficiation.

South Africa and Angola have an opportunity to work with other countries in SADC to ensure that we leverage our critical minerals to industrialise.

The era has passed of African countries being locked into the lower end of global value chains as suppliers of raw materials. 

In this regard, as South Africa we are most impressed with President Lourenço’s vision for the Lobito Trans Africa Corridor as an economic development zone.

The Development Bank of Southern Africa is already supporting the development of the Lobito Railway Corridor, and we are keen to explore other avenues for collaboration in this regard.

Infrastructure development that unlocks intra-Africa trade is a priority, and we must build on the work already underway on the Lobito Corridor to create sustainable industries in the region. 

South Africa is ready to partner with Angola in the development of strategic corridors, including the Central, North, and South Corridors, with the aim of transforming them into dynamic economic infrastructure projects that can promote growth.

We are committed to ensuring that continental economic development frameworks like African Continental Free Trade Area are a success. 

In this regard we look forward to Angola’s accession into the Southern African Development Community Free Trade Agreement. 

Both these Agreements will unlock trade and investment opportunities for both countries. 

As one of the founding members of the SADC, Angola's recent submission of its tariff offer to accede to the SADC Protocol on Trade is a commendable and transformative milestone for regional integration. 

This significant development opens new avenues for Angola to benefit from a range of economic advantages.

They include access to more affordable inputs and consumer goods, increased employment opportunities, and the establishment of robust regional value chains. 

Furthermore, this move is poised to attract greater foreign direct investment, facilitate joint ventures with other member states, and enhance Angola’s participation in the regional economy.

As government and business, we must use this forum to engage proactively around not just the possibilities that exist, but also how to resolve the challenges in the business operating environment.

Companies in both Angola and South Africa have challenges that make it difficult to do business.

Stringent business visa requirements, high export costs, onerous import processes, taxation issues and bureaucratic red tape are just some of these. 

We must be able to emerge from this forum with a clear understanding of what the main challenges are and what steps will be taken to facilitate greater market access on both sides.

Promoting greater economic growth for the benefit of Angola and South Africa necessitates that we are agile, adaptable and responsive as both the public and private sectors. 

It necessitates a thinking out of the box approach with respect to funding and financing models at our disposal.

If we are to achieve the ambitious goals of the Bi-National Commission, we need the private sector in Angola and South Africa on board. 

Through trade and investment, we can make a real, lasting and sustainable impact on our respective national economies, and improve the lives of our respective peoples.

Let us build on the partnerships that already exist and work together to unlock economic potential, enhance value addition, and create sustainable growth pathways that contribute to long-term economic resilience and prosperity for both countries.

South Africa is open for business.  I look forward to today’s engagement.

I thank you.