Programme Director, 
Minister of Cooperative Governance and Traditional Affairs, Mr. Velenkosini Hlabisa,
Premier of the Free State, Ms. MaQueen Letsoha-Mathae,
Ministers and Deputy Ministers,
MECs,
Executive Mayors,
Officials,
Ladies and Gentlemen,

Good morning and thank you for availing yourselves for today’s engagement. 

Allow me to begin by commending Premier Letsoha-Mathae and the provincial leadership on the ambitious, future-facing and outcomes-oriented State of the Province address last month.

I was particularly struck by the attention to detail given to the initiatives planned for the year ahead, particularly around youth job creation, vocational training for young people, support for the agricultural sector, township economy revitalization and others. 

This is what the District Development Model we initiated in 2019 is all about – namely the finer, granular details of not just what is being done to localize development, but also the ‘how ‘and the ‘when.’

Timeous implementation is the yardstick by which we are measured, and also by which we will be judged.

We look forward to the presentation from the Premier on the priorities, challenges and opportunities that lie ahead for the Free State.

We also wish to congratulate the Free State for achieving an 89,33 per cent pass rate in the 2025 matriculation examinations, the second highest in the country. 

Naturally this came as something of a damper because the province had been on a six-year streak with the highest pass rate. Nonetheless this is a fine achievement, and we certainly look forward to the province reclaiming the first place crown next year.

This is the eighth engagement between the National Executive and provincial leadership, with the first having commenced in late 2024. We will be meeting with the leadership of all nine provinces in due course. 

The purpose of this engagement is to see how we can work smarter and in a more integrated manner to drive inclusive growth and job creation; to reduce poverty and tackle the high cost of living; and build a capable, ethical and developmental state. 

Achieving our collective strategic goals necessitates that we deepen cooperation between the different spheres of government as mandated by our Constitution.

With the State of the Nation address having given the line of march, as it were, we are here to offer our support, and also our counsel.

Being agile and responsive is a hallmark of the capable, ethical and developmental state we are striving to build, and we are also here to listen.

Having members of the National Executive here today offers you an opportunity to raise the urgencies requiring their attention directly.

This engagement is really opening an additional channel of communication beyond what already exists within the intergovernmental relations framework, like the President’s Coordinating Council (PCC)

Colleagues,

The DDM model acknowledges the direct correlation between delivering on our mandate, and the state of local government.

When local government is effective, capacitated, and professional, service delivery is improved. With effective financial management and strong, accountable leadership in local government, we are responsive to the needs of citizens and enjoy their trust. 

When there are weaknesses or failings at local government, it isn’t just service delivery that suffers, but the trust between government and citizens becomes frayed. 

To put it quite bluntly, across much if not most of the country, local government is in crisis.

As of 2025, 35 of our country’s 257 municipalities were classified as distressed, and approximately 63 per cent were classified as being at risk. 

The number of municipalities across the country being placed under administration is growing, including seven here in the Free State.

We are alive to the realities and to the magnitude of this problem. 

Underfunding, lack of capacity, high debt and struggling revenue generation models are just some of the challenges. At the same time, many municipalities are practically paralysed by poor governance, financial mismanagement and corruption.  

Premier, in your State of the Province address you characterised fixing local government as regaining our pride, and I wholly concur.

In this year’s State of the Nation address I outlined the steps we will be taking to strengthen local government, including reviewing the funding model for municipalities and establishing ring-fenced utilities for water and electricity services.

We will also be undertaking extensive consultations around the updated White Paper on Local Government during the course of this year.

Restoring the fortunes of local government must be at the center of our efforts if we are to attract investment that creates jobs and boosts the provincial economy.

Next week we will be hosting the sixth South Africa Investment Conference in Gauteng, and I will be making the point, as I have done every year, that all our nine provinces are ripe for foreign and domestic investment.

The Free State is uniquely positioned to be at the heart of our country’s economic growth story. 

It is strategically located, making it a natural logistics and distribution hub linking major economic centers.

The province has extensive agricultural capacity, contributes significantly to our nation’s food security, and has a growing agro-processing sector.

Mining is well-established here, with increasing opportunities in manufacturing and beneficiation. The province is also leveraging its natural resources to generate renewable energy and for battery storage.

The Free State’s urban centers that are already administrative hubs are well-positioned to attract investment in professional services, education and sectors.

These endowments and advantages must be leveraged to drive inclusive growth and create jobs. 

With the necessary support, focus and direction, guided by the provincial One Plan developed under the DDM, the Free State’s full potential must be unleashed.

I have said, colleagues, that we are also here to listen: not only to what is not going well, but also to hear from you what is being done well and what lessons can be drawn.

For example, the Free State is leading the way in providing comprehensive agricultural support to emerging farmers and in implementing food security initiatives in vulnerable communities. 

During the last financial year, the province also exceeded its work opportunities targets through the Expanded Public Works Programme, reaching more than 46 000 beneficiaries. 

The Free State also continues to register successes in the provision of health services, notably around HIV/Aids and TB. There has also been notable progress in fighting crime. 

In your State of the Province address, Premier, you indicated that by the end of June 2025, that 93 per cent of Municipal Infrastructure Grants (MIG) had been spent on providing and maintaining public infrastructure. 

Considering the well-known problem of municipalities underspending on conditional grants for municipal infrastructure, this is truly commendable.  
As National Treasury forges ahead with plans to reform the way in which local government is currently being funded, we look forward to hearing more on the  
Free State’s experience with the MIG and other grants.

As you build on the progress made over the past year, be assured of our full support as the National Executive.

This year marks 30 years since our democratic Constitution was signed into law. The Constitution enjoins on us to work together to free the potential of and improve the lives of every citizen, to advance the Bill of Rights.

As much as introspection is necessary and critical, let us at the same time cast our horizons to the future we aspire to. 

Inasmuch as we need drill down what the challenges, obstacles and bottlenecks are, this must be matched by solutions, and timelines for implementing them. This would be time well and effectively spent today.

We are one government, united by One Constitution for One People, and it is in this spirit of cooperation that I would like our deliberations today to proceed. 

So welcome once again and I look forward to our discussions.

I thank you.
 

Programme Director, Ms Lin Honghong, Director General of CCPIT 
Vice President of the People’s Republic of China, His Excellency Mr Han Zheng;
Deputy Minister of Trade, Industry and Competition of the Republic of South Africa, Ms Alexandra Abrahams, Deputy Minister of International Relations, Ms Thandi Moraka and all Deputy Ministers here present;
Assistant Minister of the Ministry of Commerce of the People’s Republic of China, Mr Zhang Li and all Assistant Ministers here present;
Chairman of the China Council for the Promotion of International Trade, Mr Ren Hongbin;
Business Leaders from China and South Africa;
Distinguished Guests;
Ladies and Gentlemen,

It is a privilege to address this Economic and Trade Forum, convened in the wake of the 9th Session of the Bi-National Commission, which I had the honour of co-chairing yesterday with His Excellency Vice President Han Zheng.

The conclusion of the Commission’s work marks a significant milestone in South Africa’s journey of a thousand miles with China. This is a journey that began with a single step in the year 2000, when our two nations agreed to establish the Bi National Commission on the founding principle of equality, mutual respect, and shared progress.

Together, we have built bridges of trade and investment, strengthened the pillars of cooperation, and opened doors of opportunity for our peoples.

We have also expanded sectoral collaboration in broad areas of tourism, mineral resources, environment, science & technology, education, and culture.

Economic cooperation remains central to government collaboration. Efforts are focused on restructuring trade to enhance value-added exports to China. 

This has positioned South Africa as China’s largest trade partner in Africa and its top global partner. As a result, bilateral trade grew by 6.4%, rising from USD 34.2 billion in 2024 to USD 36.4 billion in 2025.

The work that we have done as Governments has also paved the way for China to invest USD8.11 billion in 103 FDI projects, creating a total of 5 694 jobs in South Africa.

On the other hand, there is a group of South African companies that collectively invested USD 689 million into China in the health, ICT, financial services, manufacturing, and services sectors.

However, there is still much work to be done to diversify our exports from raw commodities and to strengthen South Africa’s industrial base in electric vehicle and battery manufacturing.

South Africa is keen to draw investments across various sectors, particularly in mineral beneficiation, the hydrogen economy & clean energy, ICT technology, textiles and leather. 

Over and above what we have achieved in our government deliberations, the signing of the Framework Agreement for the China Africa Economic Partnership Agreement (CAEPA) will cement South Africa’s status as an attractive sourcing destination.

This agreement will effectively lower costs for Chinese companies importing South African goods while opening new avenues for our industries to expand their reach and competitiveness. In many ways, CAEPA is the natural outgrowth of the founding principle of our BNC.
Deputy Minister Abrahams reported on the advancements regarding the Early Harvest Agreement aimed at ensuring that South African exports destined for China will receive permanent zero-tariff treatment, contingent upon consultations with domestic trade partners in the Customs Union.

We also believe that the CAEPA solidifies South Africa’s status as a preferred destination for Chinese investment. Duty free access for South African exports not only makes it more profitable for Chinese firms to source semi processed and finished goods from South Africa, but it also makes the prospects of building local processing plants more viable.

This is aptly demonstrated by the incoming delegation who operate in the sectors of Biotechnology, Renewable Energy, Food and Beverage, Engineering and Construction, Oil and Gas, Utilities as well as banking and finance. These companies are regarded as innovative leaders in their sectors. We welcome that you have chosen South Africa as a home for your investment and that you are simultaneously investing in government supported priority sectors and initiatives.

For those considering South Africa for the first time, be assured that our nation offers exponential returns. Companies such as Hi-Sense have not only expanded their product lines here but have also unlocked access to the African market of 1.4 billion people. Original Equipment Manufacturers, through their investments, have discovered that South Africa is more than a gateway; it is a launchpad into continental opportunity, innovation and growth.

Ladies and Gentlemen,
South Africa opportunities that are available for investment include but are not limited to agriculture, energy sector, mineral beneficiation and infrastructure.

Our agriculture and agro processing sectors showcase South Africa’s fertile land and diverse produce, which can ultimately be transformed into high value exports to China and other regions. 

By deepening cooperation in this sector, we not only strengthen food security but also create jobs across rural communities, ensuring that prosperity reaches every corner of our nation.

Of critical importance is investment in mineral beneficiation and infrastructure development. South Africa’s mineral wealth is widely recognised, but our goal is to go beyond raw exports by processing minerals, adding value, and developing the infrastructure that supports industrial growth.

Here, Chinese investment and technology can help us unlock the full potential of our resources, while building sustainable industries that will last for generations.

In the energy sector, we see great potential in renewable energy and baseload electricity collaborations. South Africa is committed to moving toward a greener future, and with China’s expertise, we can accelerate the deployment of solar, wind, and storage technologies. Together, we can provide a reliable energy supply while fulfilling our climate commitments.

The automotive sector remains a key part of our industrial base. By expanding manufacturing and parts production, along with investments in electronics and high-tech industries, we can position South Africa as a centre for next-generation vehicles and innovation.

This is not just about vehicles, but also about creating an ecosystem of suppliers, innovators, and skilled workers who will help drive our economy forward.

Perhaps the most transformative is the hydrogen economy. South Africa has the potential to become the lowest-cost producer and exporter of green hydrogen by leveraging our abundant renewable resources. With strategic partnerships, we can lead the way into a new energy future, positioning our country as a global leader in clean fuels and sustainable industrialisation.

Finally, Ladies and gentlemen, our Special Economic Zones and Industrial Parks provide the platforms to localise production, attract investment, and foster innovation. These zones are designed to act as catalysts, bringing together infrastructure, incentives, and skilled labour to develop competitive industries capable of thriving in global markets.

There will be presentations in the technical sessions that will help to guide you in your investment journey.
What South Africa offers you is political stability, a legal environment that safeguards and protects your investments, world-class infrastructure.

Lastly, all of this will be bolstered by a catalytic partnership agreement that, once finalised, will make South Africa your most indispensable trade and investment partner.

We firmly believe that this forum serves as a platform for aligning Government strategies with private sector engagement. The issues discussed in our diplomatic and technical sessions are expected to be implemented by private sector players, leading to job creation, industrialisation, and shared prosperity. Central to this collaboration are opportunities that directly address our shared priorities.

Today, we have an opportunity to energise momentum, to turn the commitments made here into real action.

Let us take this moment to ensure that our collaboration not only brings prosperity to both our nations but also makes a meaningful contribution to Africa’s broader development agenda.

Together, we can create a future defined by resilience, inclusivity, and shared success.

I thank you. Xiè Xiè
 

Your Excellency Vice President HAN Zheng, dear colleagues and friends,

I wish to express my profound gratitude for today’s engagements and your leadership in co-chairing this successful 9th Session of the South Africa–China Bi-National Commission.

Today’s proceedings have injected renewed momentum into our bilateral relations and reaffirmed the importance of this platform as the apex mechanism guiding cooperation between the two nations

Our deliberations today have also enabled us to take stock of progress since the 8th Session and to assess implementation under the Ten-Year Strategic Programme for Cooperation.

We have noted with appreciation the outcomes of the Foreign Affairs Sectoral Committee, which reaffirmed our shared commitment to advancing development, addressing debt sustainability, strengthening climate action, and promoting the reform of international financial institutions to better reflect the interests of developing countries such as ourselves.

South Africa further welcomes the continued strengthening of coordination within multilateral platforms, including BRICS, which is playing an increasingly important role in advancing a more inclusive, equitable and multipolar global order, as well as our shared commitment to safeguarding multilateralism and the principles of the United Nations Charter.

South Africa also notes the importance of strengthening political dialogue through platforms such as the Strategic Dialogue and the Joint Working Group, which will ensure sustained engagement on regional and global priorities, and the effective implementation of BNC outcomes.

With that being said, in the area of Trade and Investment, South Africa welcomes the progress made in advancing cooperation in key sectors, including the signing of the Memorandum of Understanding between South African Nuclear Energy Corporation (NECSA) and the China National Nuclear Corporation in April 2025, as well as ongoing engagements through the China–South Africa Mining Working Group.

We are encouraged by the growing collaboration in energy planning, gas-to-power and nuclear-to-power development, as well as the shared commitment to deepen cooperation in mineral processing, beneficiation and value addition, which are critical to strengthening South Africa’s industrial base for economic growth.

South Africa further notes the importance of expanding investment cooperation, including mobilising Chinese investment into initiatives such as the Junior Mining Exploration Fund, revitalising smelters, and strengthening South Africa’s position within global value chains.

In the Environmental and Infrastructure sector, South Africa welcomes progress in cooperation on small harbours, fisheries and aquaculture, as well as ongoing negotiations on protocols and agreements that will strengthen market access and technical collaboration.

South Africa also notes the advancement of cooperation in biodiversity conservation, ecosystem management, and environmental research, including progress on agreements relating to wetlands, desert ecosystems and wildlife.

In the area of Science and Technology, we are encouraged by the agreement to expand joint research projects and flagship initiatives, as well as the strengthening of people-to-people exchanges between researchers. To this end, South Africa welcomes the growing cooperation in Artificial Intelligence, innovation and digital technologies, which will support technology localisation, skills development and the advancement of sustainable economic growth.

In the field of Education and Culture, we commend the expansion of scholarship programmes supported by our Sector Education and Training Authorities, as well as initiatives such as the Chinese STEM Bursary Programme and partnerships with institutions such as Beijing Polytechnic College.

We are encouraged by the focus on technical and vocational education and training, which is equipping young South Africans with critical skills, including in emerging sectors such as new energy vehicle technologies, which are creating pathways into employment through partnerships with industry.

In a rapidly changing global environment, shaped by shifting leadership dynamics and rising geopolitical tensions, including ongoing conflicts in regions such as the Middle East, South Africa and China, countries must continue to work together to advance shared modernisation, deepen economic cooperation, and strengthen coordination in multilateral platforms, while promoting dialogue, stability and peaceful resolution of disputes.

Your Excellency, I once again thank you for your leadership and partnership in today’s engagements and look forward to concluding our discussions later this evening at the banquet dinner hosted in your honour in Constantia Winelands, where we will have the opportunity to enjoy some of South Africa’s finest African cuisine and hospitality.
 

Let me take this opportunity to extend a warm welcome to Your Excellency Vice President HAN Zheng, and your delegation to South Africa. Your presence reflects the enduring friendship, mutual respect and shared commitment to development that underpin relations between our two nations, as the year 2026 marks 28 years since the establishment of formal diplomatic relations between South Africa and the People’s Republic of China.

We recall with appreciation the strong momentum in our bilateral relations, including my Working Visit to China in July 2025, aimed at strengthening economic and trade cooperation, followed by the meeting held in November 2025 with Premier Li Qiang of the People’s Republic of China at the NH Hotel in Sandton which advanced South Africa’s strategic objectives in trade, investment, industrialisation, multilateral cooperation and governance.

Since the establishment of the Bi-National Commission through the Pretoria Declaration in 2000, this platform in particular has served as the apex mechanism guiding and consolidating cooperation between South Africa and China.

Over nearly three decades, our bilateral relationship has grown in depth, scope and strategic importance, contributing meaningfully to economic development and reflecting our shared aspiration to accelerate development in both our countries.

This platform remains relevant today and continues to provide strategic direction for the implementation of our partnership, particularly under the Ten-Year Strategic Programme for Cooperation (2020–2029).

Therefore, my hope for today is that this meeting will guide us in consolidating progress since the 8th session, help us identify priority areas for future cooperation, and strengthen sectoral collaboration.

While South Africa maintains strong relations with all major global partners and actively participates in multilateral platforms such as the United Nations, the G20, BRICS and the International Criminal Court, our partnership with China has become increasingly prominent and continues to compare favourably with our relations with other global partners.

As we meet under the theme of advancing shared modernisation, we are reminded that our partnership must respond to a rapidly changing global environment, while advancing inclusive growth, industrial development and technological progress.

South Africa is also encouraged by the growing investment footprint of Chinese enterprises in South Africa. Investments such as the Hisense industrial park in Atlantis, Cape Town, demonstrate the potential for industrial cooperation to drive job creation, skills development, and local economic growth.

We see significant potential to further expand cooperation in infrastructure development, particularly in the modernisation of ports, rail and road networks, which remain critical to unlocking economic growth and improving regional integration.

South Africa’s approach to international relations remains guided by its national interest, which is to advance the development of its people through inclusive economic growth.

In this regard, South Africa remains committed to ensuring that its partnership with China delivers practical outcomes that improve the lives of its people and contribute to sustainable development in both our countries.

Thank you for taking the time to meet with me. We deeply value your visit to our country and trust that you will enjoy the beauty of Cape Town, including the iconic Table Mountain and its surrounding landscapes, which stand as a proud symbol of South Africa’s natural heritage and hospitality.

President Cyril Ramaphosa will tomorrow on Friday, 27 March 2026, lead an engagement between the National Executive and the Provincial Executive Council of Free State Cabinet.

The President Cabinet engagement will includes meeting with the Premier of Free State Province, Ms MaQueen Letsoha-Mathae and the entire Provincial Executive Council.

This Joint National and Free State Provincial Executive engagement will take place at the University of Free State Centenary Complex in Bloemfontein, under the theme,“A Nation that Works for All".

The visit is aligned with President Ramaphosa’s commitment to encourage closer collaboration with Provinces and Local spheres of government to  tackle service delivery challenges.
 
This initiative accords with Section 154 of the Constitution, which mandates national and provincial governments to support and strengthen capacity of municipalities in governance.

The joint meeting will be the eighth engagement between National Executive and various Provinces. This follows interactions with provincial governments of KwaZulu-Natal, Limpopo, Mpumalanga, Gauteng, Eastern Cape, Northern Cape and North West.

Free State Province will elaborate on the challenges and opportunities that exist for inclusive economic growth and service delivery and its envisaged proposed solutions.

Free State has solidified its position as the preferred renewable energy investment destination, currently tracking projects with a capital investment exceeding R100 billion. These projects, including Khauta Solar Project and Mulilo Battery Energy Storage Project, which are central to strengthening national grid and creating sustainable jobs.

President Ramaphosa will be accompanied by Ministers and Deputy Ministers and senior government officials.

Interested media will be able to cover President's opening address before closed session.

Note that media accreditation process are covered through GCIS platforms.

The Joint National Cabinet Meeting are arranged as follows:
Date: Friday, 27 March 2026
Time: 08h00
Venue: Centenary Complex, University of Free State, Bloemfontein, Free State Province

Media enquiries: Vincent Magwenya, Spokesperson to the President – media@presidency.gov.za / Mpho Sikisi, Spokesperson to the Premier of the Free State on 073 828 8935 or mpho.sikisi@fspremier.gov.za

Issued by: The Presidency
Pretoria
 

Programme Director,
Founder and CEO of Ninety One, Mr. Hendrik du Toit,
Chairman of Ninety One, Mr. Gareth Penny,
Management and staff of Ninety One,
Guests,
Ladies and gentlemen,

Good Evening,

It is a pleasure indeed to be here; and thank you to Ninety One for the invitation.

Today we aren’t just opening new offices. This investment signals a long-term commitment to South Africa and its future. It is a tangible demonstration of confidence in our economy, and a step forward in our national ambition to be a global financial services hub. 

We are also here to celebrate 35 years of Ninety One as an unmistakably, proudly South African business with a global footprint. 

Ninety One was founded as Investec Asset Management in 1991, when South Africa was on the cusp of change. As our democracy has evolved and matured, the company has continued to grow. 

The Ninety One journey has been a story of innovation; of developing home-grown South African talent; and of a commitment to sustainable investing.

Ninety One’s success reflects the abundance of local expertise in our country and the strength of our financial sector as a key pillar of our economy.

The financial sector provides direct and indirect employment to nearly 3 million South Africans and contributes approximately 25 per cent of corporate income tax revenues.

It accounts for more than one fifth of our GDP, and in 2025 was one of the leading drivers of growth. 

The depth and sophistication of our financial markets is one of our most important strengths as a country, underpinned by an independent Reserve Bank and a robust, enabling regulatory environment.

The financial sector plays a key role in financing development in our economy, from investing in South African businesses to building infrastructure.

In times like these, when the global economy faces significant instability and uncertainty, we can rely on the strength of our financial system to withstand disruption and absorb shocks.

We will keep working to grow our financial sector, to modernize and strengthen our regulations, and to position ourselves as a premier global destination for financial services firms to locate their African and emerging market operations.

At last year’s Financial Sector Competitiveness Lekgotla, the National Treasury highlighted some of the ways in which we are working to reduce the cost of capital and to channel more financing towards infrastructure projects.

Despite the current headwinds, we gather here at a time of hope for South Africa.

There are many, many reasons to be optimistic about South Africa’s prospects, and to believe that the economy is turning a corner. 

We have experienced four consecutive quarters of GDP growth, national debt has stabilized, and we have generated a primary budget surplus for three consecutive years.

Across the world, investors are looking at South Africa with renewed interest, as an emerging market with strong institutions, sound policy and a solid track record of reform. 

The tangible improvements in our economic performance that we are experiencing now are the result of a sustained, multi-year effort to reform our economy and to fix what was broken.

The crippling electricity crisis has ended, investment is on the rise, and the economy is creating more jobs. 

We have implemented far-reaching reforms in our energy sector to enable private investment and are moving to restructure Eskom and establish a fully independent Transmission System Operator to create a level playing field for competition. 

We have also seen improvements in our rail network and ports, enabling us to increase exports. We have concluded the first major private sector partnership at the Durban Pier 2 Container Terminal, the largest port terminal in our country, and are on track to introduce open access to the rail system this year.

The state is on a massive infrastructure build drive, and we will spend more than R1 trillion on infrastructure over the next three years.

Through streamlined PPP regulations, budget reforms, and innovative risk mitigation mechanisms such as the Credit Guarantee Vehicle, we will use this funding to catalyse significantly more private investment.

We have brought stability to key state-owned enterprises and restored sound governance, repairing the damage wrought by corruption and state capture. 

Last year, we achieved two major milestones: our first sovereign credit ratings upgrade in nearly 20 years, and South Africa’s removal from the Financial Action Task Force grey-list.

The private sector shares credit for the economic progress we are witnessing. It is the outcome of deep and sustained partnerships between government and business to unlock growth and opportunity. 

All of our efforts have been driven by the simple conviction that we can achieve more when we work together.

We have sought to change the culture of government: to build a government that is more open, more transparent, more willing to engage, to listen, and to collaborate with others.

Institutions like Ninety One are key partners in our drive to mobilise capital for our nation’s development.

The economic progress we have made signal to the world that South Africa is not only open for business but firmly on the path to recovery. With its long and established presence at home combined with a global footprint, Ninety One can play a leading role in elevating the prominence, stature and scale of our financial sector.

This company stands as proof that we more than have what it takes, that our local talent is world class, and that our ambitions are well-placed. 

And so, we say once more congratulations on the opening of your impressive new offices. With this opening you bring our aspiration of becoming a leading financial hub for Africa and the world all the closer to becoming reality.

I thank you.
 

President Cyril Ramaphosa has noted the confirmation by the National Prosecuting Authority (NPA) of charges against the National Commissioner of the South African Police Service(SAPS), General Fannie Masemola and his scheduled court appearance.  

The President has further noted the arrests of the 12 senior police officers on a procurement related matter. 

President Ramaphosa will be addressing the matter concerning General Masemola in accordance with the law. 

The President working together with the Minister of Police is committed to ensuring that the SAPS remains stable and able to continue fulfilling its policing mandate.

Media enquiries: Vincent Magwenya,  Spokesperson to President Ramaphosa on media@presidency.gov.za

Issued by: The Presidency
Pretoria
 

Minister Jayant Chaudhary, Minister of Skill Development and Entrepreneurship of India,
Deputy Minister Mimi Gondwe, Deputy Minister of Higher Education and Training of South Africa,
President and Chief Executive Officer of the South African Medical Research Council Professor Ntobeko Ntusi
Head of the Technical and Vocational Education and Training at GIZ Mr Tobias  Muehler
Directors General,
CEOs,
Esteemed Guests,

It is my pleasure today to welcome you to South Africa for the 2026 Outcomes Finance Alliance Summit.

We are honoured to host this important global gathering in partnership with the South African Medical Research Council, GIZ, and all the partners who have contributed to bringing this Summit to life. We extend a warm welcome to all delegates who have travelled from across the world to be part of this important moment.

This Summit convenes a powerful coalition of leaders from government, private sector, philanthropy, multilateral institutions, and civil society. You represent not only institutions, but a shared commitment to rethinking how we finance development and how we deliver impact at scale.

At its core, this Summit speaks to one of the most urgent questions of our time. How do we ensure that every rand, every dollar, and every investment delivers meaningful, measurable change in people’s lives?

Ladies and gentlemen, across the globe, we are confronted with complex and interconnected challenges. Youth unemployment continues to rise in many regions. Poverty remains persistent. Education systems are under pressure to deliver relevant skills. Health systems are stretched. Climate change is intensifying vulnerabilities, particularly in developing economies.

At the same time, fiscal space is constrained. Governments are being called upon to do more with less, while citizens are rightly demanding accountability, transparency, and results.

It is within this context that outcomes based financing has emerged not as an alternative, but as a necessary evolution in how we think about development finance.

Outcomes based financing shifts the focus from what we spend to what we achieve. It moves us from inputs to results, from activities to impact, and from fragmented interventions to coordinated partnerships that are aligned around shared outcomes.

South Africa has embraced this approach as part of our broader commitment to innovation in public finance, governance, and service delivery.

We are proud to be among the countries that are not only experimenting with outcomes based financing, but actively implementing it at scale.

One of the most significant examples of this is the Jobs Boost Outcomes Fund.

The Jobs Boost Outcomes Fund is one of the largest outcomes based funds globally focused on employment. It was designed to address one of South Africa’s most pressing challenges, which is youth unemployment.

Through this initiative, government has taken on the role of an outcomes funder, committing public resources to pay for verified employment outcomes rather than activities alone.

The design of Jobs Boost is deliberate and innovative.

It brings together government as the outcomes payer, implementing organisations who deliver training and placement services, independent evaluators who verify outcomes, and private sector partners who play a role in absorbing young people into the labour market.

The fund prioritises young people who are not in employment, education, or training, with a strong focus on inclusion, particularly for women and those in underserved communities.

Programme Director, what makes Jobs Boost particularly powerful is that it aligns incentives across the ecosystem. Implementers are rewarded for achieving real employment outcomes, not just for enrolling participants. Government pays only when results are achieved. And young people are supported not only to access opportunities, but to sustain them.

Since its launch, Jobs Boost has supported thousands of young South Africans to access work opportunities across sectors such as digital services, business process outsourcing, green economy initiatives, and traditional industries. Through the R300 million Jobs Boost Outcomes Fund, South Africa has already achieved over 9,100 verified enrolments and more than 6,800 verified job placements for young people, with over R220 million disbursed strictly against independently verified outcomes. This is not a pilot in theory. It is a demonstration, at scale, that outcomes-based financing can deliver real, measurable employment results.

Ladies and gentlemen, beyond the numbers, the jobs boost fund has generated critical lessons. It has demonstrated that outcomes based financing can drive innovation among service providers. It has shown that performance based incentives can improve efficiency and effectiveness. And it has highlighted the importance of robust data systems and independent verification in building trust and accountability.

We have seen, through our implementation partners such as BlueLever, Swift, and Afrika Tikkun, how this model is changing real lives.

We have met young people who entered these programmes without prior work experience, without networks, and often without confidence in their own prospects. Through targeted training, mentorship, and job placement support, they are now earning incomes, supporting their families, and building pathways into sustainable careers.

In the digital economy, young people trained through partners such as BlueLever and Swift are gaining access to opportunities in areas such as data annotation, digital services, and business process outsourcing, sectors that are not only growing, but that are opening doors to the future of work.

Through organisations such as Afrika Tikkun, we have seen young people from historically underserved communities transition from long-term unemployment into stable employment, often becoming the first in their families to access formal work.

One young participant shared that, for the first time, they are able to contribute to household income, support younger siblings, and plan for their future with dignity and hope.

These are not abstract outcomes. They are real transformations.

They remind us that outcomes-based financing is not only about efficiency or innovation in funding models. It is about restoring opportunity, building confidence, and unlocking human potential at scale.
 
Equally important, Jobs Boost has shown that government can play a catalytic role in crowding in additional investment and in shaping markets that deliver both social and economic value.

We have also seen similar progress in the Early Childhood Care and Education Outcomes Fund.

Through this initiative, government has partnered with implementers and private capital to improve early learning outcomes for young children, particularly in underserved communities.

This is a critical investment. Evidence shows that early childhood development is one of the most powerful drivers of long term human capital development, educational attainment, and economic participation.

By using outcomes based models, we are able to ensure that investments in early learning translate into measurable improvements in school readiness, cognitive development, and overall child wellbeing.

These initiatives are not isolated.

They form part of a broader strategic ambition to embed outcomes based approaches within our public systems.
 
However, the journey toward outcomes based financing is not one that government can undertake alone.

The success of this model depends fundamentally on partnership.

It requires collaboration between governments, investors, philanthropies, service providers, data and evaluation partners, and communities themselves.

It requires trust. It requires shared risk. And it requires a willingness to move beyond traditional silos.

We are encouraged by the strong representation at this Summit.

We see here governments that are exploring policy and regulatory frameworks. We see investors who are willing to align capital with impact. We see philanthropies that are de risking innovation. And we see implementers who are at the frontline of delivering change.

This reflects a growing global movement.

Esteemed Guests, at previous Outcomes Finance Alliance Summits, there has been a clear shift in the field.

We have seen a move from small scale pilots toward larger, more ambitious funds. We have seen increasing government leadership in acting as outcomes funders. We have seen stronger emphasis on data, evidence, and learning. And we have seen the emergence of more diverse applications across sectors, including health, education, climate, and social protection.

Importantly, there has also been a recognition that outcomes based financing is not only a technical instrument. It is a system level reform.

It challenges us to rethink how we design programmes, how we allocate resources, how we measure success, and how we hold ourselves accountable to the people we serve.

This Summit builds on that momentum.

Over the coming days, you will engage on critical themes, including scaling outcomes funds, integrating technology and data systems, expanding into new sectors such as climate and health, and strengthening the enabling environment for outcomes based financing.

But beyond the discussions, what matters most is what we do next.

We must move from dialogue to action.

We must identify practical pathways to scale.

We must strengthen the pipeline of investable opportunities.

We must build the institutional capacity required within governments and implementing organisations.

And we must ensure that the benefits of outcomes based financing reach those who need it most.

South Africa stands ready to continue playing a leading role in this global effort.

We bring to this space not only our experience, but also our commitment to innovation, inclusion, and impact.

We see outcomes based financing as a means to strengthen accountability in public spending, to improve service delivery, and to unlock new forms of collaboration between the public and private sectors.

Ultimately, we see it as a tool to advance human dignity and human development.

As we gather here today, we are reminded that behind every statistic is a person. A young person seeking opportunity. A child needing a strong foundation. A family striving for a better future.

Our responsibility is to ensure that the systems we build, and the financing models we design, deliver for them.

Programme Director, I encourage all participants to use this Summit as an opportunity to share lessons openly, to build meaningful partnerships, and to commit to concrete actions that will advance the outcomes financing ecosystem globally.

Let us work together to ensure that financing is not only mobilised, but that it delivers real, measurable, and lasting outcomes.

It is therefore my honour to declare the 2026 Outcomes Finance Alliance Summit officially open.

I wish you a productive and inspiring Summit.

I thank you.
 

President Cyril Ramaphosa will this afternoon, 25 March 2026, officially open the Ninety One South Africa Headquarters in Cape Town.

The opening marks Ninety One’s 35th anniversary and a return to its historic home, underscoring the firm’s enduring presence in South Africa and its continued growth as a global investment manager.

This further reflects the firm’s ongoing commitment to the country and its confidence in the country’s future as a leading global financial services hub.

The President’s participation will highlight the critical role of collaboration between government and the private sector in advancing economic growth, attracting investment, and fostering sustainable employment opportunities.

The programme of the President to officially open the building and deliver remarks will commence from 17:30.

NOTE TO MEDIA: DUE TO SPACE LIMITATIONS, THE PROCEEDINGS WILL BE LIVE STREAMED ON PRESIDENCY SOCIAL MEDIA PLATFORMS

Media enquiries: Vincent Magwenya, Spokesperson to President Ramaphosa on media@presidency.gov.za

Issued by: The Presidency
Pretoria
 

Programme Director, Mr Charles Moeti,
Executive Mayor of the John Taolo Gaetsewe District Municipality, Cllr Queen Mogatle-Thoane,
Speaker of Council, Cllr Keamogetse Madikiza,
Chairperson of the National Youth Development Agency, Bonga Makhanya,
Representatives from Government departments and agencies,
Our partners from the private sector, including the mining houses and community development trusts,
Leaders from SETAs, TVET colleges, and civil society,
Distinguished guests,
And most importantly, the young people of Kuruman,

Good morning.

It is both a privilege and a responsibility to stand before you today as part of this Youth Services Outreach Programme here in Kuruman. This gathering is not simply another event on a calendar. It is a deliberate and practical effort to bring government and its partners closer to the people, particularly to young people who are the future of this country.

Too often, opportunities exist, but they remain out of reach. Too often, information is available, but it does not reach those who need it most. And too often, young people in communities such as Kuruman are expected to navigate complex systems without the necessary support. Today, we are saying that this must change.

This outreach programme is about closing that gap. It is about ensuring that services, opportunities, and support are not distant concepts, but accessible realities. It is about meeting young people where they are and walking with them towards where they want to be.

I want to acknowledge the wide range of stakeholders who have come together to make this programme possible. From the National Youth Development Agency, the Department of Employment and Labour, and the South African Police Service, to our SETAs, TVET colleges, and development partners your presence here today demonstrates a shared commitment to youth development.

We also recognise the important role played by the mining sector and community development trusts in this region. Your participation reflects an understanding that economic activity must translate into meaningful opportunities for local communities, particularly for young people.

As Government, we are clear that youth development is not optional it is central to the future of our country. We cannot speak about economic growth, social stability, or inclusive development without addressing the challenges faced by young people. High levels of youth unemployment, limited access to skills development, and barriers to entry into the economy remain among the most pressing issues we must confront.

But we are equally clear that the solutions lie in partnership.

Government alone cannot solve these challenges. It requires collaboration between the public sector, private sector, educational institutions, and communities themselves. It requires alignment between skills development and the needs of the economy. It requires investment not only in infrastructure, but in people.

That is why platforms such as this one are so important. They create a space where young people can access information about employment opportunities, skills training, entrepreneurship support, and essential services all in one place.

To the young people gathered here today, I want to speak directly to you.

This programme is for you. The opportunities that are being presented here are for you. But opportunity alone is not enough. It must be met with action.

I encourage you to engage fully with every organisation present here today. Ask questions. Seek clarity. Register for programmes. Follow up. Take initiative. The journey to success is rarely easy, but it is always possible when you are informed, prepared, and determined.

At the same time, I want to emphasise the importance of active citizenship. The presentation by the Independent Electoral Commission reminds us that participation in our democracy is not separate from development  it is part of it. Your voice matters, and your participation shapes the future of this country.

To our stakeholders and partners, I want to extend both appreciation and a call to action.

Your involvement today is commendable, but it must not end here. We must continue to strengthen collaboration, improve coordination, and ensure that the impact of our work is felt beyond events such as this. We must ask ourselves not only what we are doing, but whether it is reaching those who need it most, and whether it is changing lives in a meaningful way.

As the Presidency, we remain committed to supporting initiatives that bring services closer to communities, that empower young people, and that build pathways to opportunity. We are committed to ensuring that no young person is left behind, regardless of where they come from.

In closing, let me thank the organisers, partners, and all stakeholders who have contributed to making this programme a reality. Most importantly, I thank the young people of Kuruman for your presence, your energy, and your willingness to engage.

I look forward to interacting with you further during the walkabout and hearing directly from you about your aspirations, your challenges, and your ideas for the future.

Let us work together government, business, and communities  to ensure that every young person in Kuruman has the opportunity not only to dream, but to achieve.

I thank you.