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President mourns killing of Eastern Cape community patrollers
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President Cyril Ramaphosa is saddened by the killing of six community patrollers in Tina Falls/Godini near Qumbu in the Eastern Cape late on Sunday night, 06 October 2024.

The patrollers were reportedly preparing for duty at their base at Lugongozo Senior Secondary School when attackers struck with an assortment of firearms.

Six patrollers lost their lives while four were injured.

President Ramaphosa offers his deep condolences to the families of the deceased and wishes the survivors a speedy recovery.

President Ramaphosa said: “Our thoughts are with the families of these community members who died in the course of playing their part to keep their area safe.

“Following so soon after an equally tragic shooting at Lusikisiki, this new incident saddens and outrages us.

“However, it should also add to our resolve to stop criminals from terrorising communities in the mistaken belief that they’re untouchable.

“They will be brought to justice alongside anyone who harbours such criminals and does not report information to the authorities.

“Government will continue to work with communities to ensure our homes, neighbourhoods and public spaces are safe and that criminals know they will pay for their deeds.”

The President welcomes the intensive police investigation into the Tina Falls/Godini incident which the South African Police Service is confident has produced a positive lead.


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

Issued by: The Presidency
Pretoria
 

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President Ramaphosa offers condolences in the aftermath of DRC boat tragedy
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On behalf of the Government and people of South Africa, President Cyril Ramaphosa offers his deep condolences to the Government and people of the Democratic Republic of Congo (DRC) following a boating tragedy on Lake Kivu.

It is estimated that 80 people have lost their lives and authorities are searching for close to 200 people who were on board a vessel which sank close to shore on Lake Kivu on Thursday, 2 October 2024.

President Ramaphosa’s thoughts are with the families of the deceased passengers and of passengers who have yet to be accounted for.

President Ramaphosa wishes survivors a speedy recovery and wishes rescue and recovery crews well in the grim duty they are performing in the service of the Congolese people.


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

Issued by: The Presidency
Pretoria

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Remarks by President Cyril Ramaphosa at the 24th National Teaching Awards, Birchwood Conference Centre, Ekurhuleni
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Programme Directors,
Minister of Basic Education, Ms Siviwe Gwarube,
Deputy Minister of Basic Education, Dr Reginah Mhaule,
Ministers and Deputy Ministers,
Speaker of Parliament, Ms Thoko Didiza,
MECs,
Members of Parliament,
Union representatives,
Representatives of business,
Representatives of School Governing Body Associations,
Distinguished guests,
To all our esteemed educators present,
And all educators across the length and breadth of South Africa,

Good morning. 

It is a great honour for me to be here and to be amongst the finest men and women of the teaching profession in our country. 

I congratulate the Department of Basic Education for sustaining the National Teaching Awards. The awards are now in their 24th year, nearly as old as our democracy itself. 

This enduring commitment to honouring our educators speaks to their unique and treasured place in our country. 

All of us are who we are because of the teachers we once had. 

I have the fondest memories of my own teachers at Tshilidzi Primary School in Soweto and Mphaphuli High School in Sibasa, Venda. 

I remember many of these fine educators not just for the knowledge they imparted, but also for their guidance and encouragement. 

All these years later, they still hold a special place in my heart.

The teacher is the devoted, tender gardener, nurturing our nation. 

Just as the diligent gardener knows the special needs of each of the plant species in their garden, teachers tend to their students as unique individuals.

The devoted educator gives learners their attention, guidance, encouragement and patience. 

Just as a garden blooms and flourishes under the gardener’s steady hand, teachers play a formative role in the life of a child. 

A good teacher is a role model who encourages a child to achieve their potential.

But a teacher who disregards their responsibilities, who rules by fear, can demoralise a child, damage their self-esteem and put them off learning. 

Even as the teaching environment is often fraught with challenges, we are blessed as a nation to have good, dependable, devoted teachers.

The National Teaching Awards were launched in 2000 by the late Minister of Education, Prof Kader Asmal, to acknowledge, appreciate and celebrate teacher excellence. 

The following year, Prof Asmal convened what was known as the Saamtrek Conference. It brought together the country’s education experts, legislators and representatives of labour to deliberate on values, education and democracy in the 21st century. 

The conference devoted considerable time to the role of educators in directing the course of national development. 

It referred to the nobility of the calling to become a teacher. 

The skills that build thriving households and communities, and that promote an active, engaged citizenry and a productive workforce, are all taught in the classroom. 

Just as any nation evolves and grows, so too has the teaching profession. 

Our young people’s needs inside the classroom reflect the circumstances and the world outside it. 

Teachers aren’t only expected to impart textbook knowledge to their learners. 

They often have to be counsellors, social workers, disciplinarians and surrogate parents. 

In a country such as ours, with such high levels of inequality, the teaching environment of one educator may be completely different to that of another. 

In some schools, resources are plenty, the schoolyard is safe, there are basic amenities, the pupil-teacher ratio is appropriate, and learning takes place in good conditions. 

But in others, educators struggle to obtain even the most basic resources for teaching, schools lack safe toilets and running water, and crime and violence from outside the school inevitably finds its way in. 

We have made much progress as a country in narrowing the gaps between schools.

But we have much further to go, and have much more to do.

We are working to strengthen the foundations of early learning. 

This is to ensure successful education outcomes in the future. 

The education curriculum is being revised, updated and reformed to meet the needs of a rapidly changing world. 

With the high rate of youth unemployment in our country, educators need to ensure that our schools are producing the skills our economy needs.

They need to ensure that every school leaver has the confidence and capabilities that enable them to study further, find employment or be self-employed. 

We are working to fully implement the three stream model, which offers academic, vocational and occupational pathways for learners. 

Educators play an important role in identifying the best course for a learner. 

To produce more learners who excel in the science, technology, engineering and mathematics subjects, we need to invest more in teacher support, resource provision and teacher skilling. 

The passage of the Basic Education Laws Amendment Act is part of ongoing efforts to build an education system that is more effective and more equitable. 

Among other things, the Act provides for early learning foundations to be strengthened, promotes greater accountability of parents for their children’s learning and promotes inclusivity in the classroom. 

The spirit and purpose of this new legislation is to ensure there is uniformity and fairness in educational standards between schools and across the country.

In the interests of inclusivity, we have created space for engagement among some concerned parties on aspects of the legislation.

But that process cannot undermine the transformational nature of this law.

I call on each of you to support its implementation so that all our children receive a good quality education regardless of their circumstances. 

To all the educators who will be acknowledged here today, congratulations. 

You have done your profession proud. 

Continue to strive for excellence and be assured of our full support. 

Thank you to all the stakeholders in the sector, including the teacher unions and school governing bodies, who are working with us to build a resilient education system that meets the challenges of the future. 

Today is World Teachers Day. It is a day on which we unite with people across the globe in celebrating those among us who are so important to our shared future. 

To the teachers of South Africa, we congratulate you.

And we thank you for all you have done and continue to do for our nation. 

I thank you. 

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President wishes Jewish community well over the high holy days
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President Cyril Ramaphosa wishes South Africa’s Jewish community a festive and mindful celebration of the high holy days, also known as Yamim Noraim or the Days of Awe, which began this week with Rosh Hashanah and will end next week with Yom Kippur.

President Ramaphosa said: “The South African Jewish community forms an essential part of the spiritual and cultural diversity of our nation. 

“We wish the Jewish community at home and abroad a year of good health, strong family bonds, fellowship and success in all domains of life.

“This ten day period leading up to Yom Kippur is a time for reconciliation and coming together, an occasion for us to engage in teshuvah, tefilah and tzedakah, and an opportunity to pray and work for peace in all corners of the world.”


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

Issued by: The Presidency
Pretoria

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Deputy President Mashatile concludes working visit to the United Kingdom
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Deputy President Shipokosa Paulus Mashatile has today, Friday, 04 October 2024, concluded a successful working visit to the United Kingdom. 

The purpose of the visit was to identify new trade and investment opportunities to grow the South African economy in partnership with the United Kingdom. Some of the areas of interest are linked to supporting Governments strategic priorities in a number of sectors including trade, investment, skills development, science, innovation, tourism and the Just Energy Transition.  

Following the successful conclusion of elections in both countries, the establishment of new governments allowed for reaffirming bilateral relations at all levels for the two strategic partners.

During the working visit, the Deputy President engaged with representatives from several organisations, including Bloomberg Media, Brand South Africa, London Stock Exchange, Investec, Standard Bank, JP Morgan, Citibank, Goldman Sachs and the South African Chamber of Commerce.

The engagements focused on showcasing South Africa as an investment destination of choice, by highlighting investment opportunities in the country.

The Deputy President also emphasised the stability of South Africa’s political landscape as a result of the newly established Government of National Unity (GNU). He highlighted that the GNU is a significant demonstration of democracy at work and can serve as a model for other democracies around the world.

The Deputy President had an opportunity to deliver an address on South Africa’s upcoming G20 Presidency, set to commence on 01 December 2024, at the University of London’s School of Oriental and African Studies (SOAS). The Deputy President affirmed that the country will advocate for the needs of developing nations, with the aim of placing Africa’s development at the forefront of the global agenda.

As part of the working visit, the Deputy President also met with British government leaders including the Deputy Prime Minister, Ms Angela Rayner; the Secretary of State for Energy Security and Net Zero, Mr Ed Miliband; Secretary of State for Foreign Affairs, Commonwealth and Development, Mr David Lammy; and also paid a courtesy visit to Prince Edward, His Royal Highness the Duke of Edinburgh.

Deputy President Mashatile is encouraged that the ongoing engagements with various local and international private sector partners to mobilise investment and strengthen public-private partnerships will lead to increased partnerships contributing to South Africa’s economic growth and job creation.

“Our numerous meetings with potential investors have revealed a shift in their attitudes and perceptions towards South Africa, indicating a positive look. Our alliance, based not on personal sentiments but on the aspiration to enhance South Africa and, consequently, the lives of our citizens, and be useful in sustaining the GNU administration for five years,” said the Deputy President.

The Deputy President was accompanied by the Minister of International Relations and Cooperation, Mr Ronald Lamola; the Minister of Small Business Development, Ms Stella Ndabeni-Abrahams; the Minister in The Presidency responsible for Planning, Monitoring and Evaluation, Ms Maropene Ramokgopa; the Minister of Public Works and Infrastructure, Mr Dean Mcpherson; the Deputy Minister of Agriculture, Ms Rosemary Capa; the Deputy Minister of Finance, Dr David Masondo; the Deputy Minister in The Presidency, Mr Kenneth Morolong; and the Deputy Minister Trade, Industry and Competition, Mr Andrew Whitfield.


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

Issued by: The Presidency
Pretoria

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Speech by President Cyril Ramaphosa on the occasion of the Bi-Centenary of the Founding of the Basotho Nation and the 5th Anniversary of Independence of the Kingdom of Lesotho, Maseru, Lesotho
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Programme Director,
His Majesty, King Letsie III and Queen Mohato Seeiso, 
The Right Honourable Samuel Matekane, Prime Minister of the Kingdom of Lesotho, 
Eminent Majesties, Excellencies, Heads of State and Government, 
The Deputy President of the Republic of Zimbabwe, Honourable, Kembo Mohadi,
United Nations Deputy Secretary-General, Ms Amina J. Mohammed,
Honourable Ministers,
Senior Government officials,
Members of the media,

Dumelang Basotho ba batle.

It is an honour and a privilege to be invited to this auspicious occasion. 

I convey the well wishes of the people of South Africa to His Majesty and the people of Lesotho on the 58th anniversary of independence and the Bicentennial of the founding of this great nation in 1824. 

South Africa and Lesotho are bound together by history, geography, culture and language.

We share a common destiny. 

The Mountain Kingdom has made – and continues to make – a great contribution to African society, knowledge and development. 

Lesotho is as solid as the majestic Maluti mountains, which overlook the vast splendour of the valleys and cliffs of this beautiful country. 

Marena a Lesotho, those brave monarchs that built this nation, are looking down from the great beyond with pride, celebrating what are momentous achievements. 

As you celebrate this Bicentennial, we pay homage to the benevolent nation builder, father of the Basotho people, King Moshoeshoe I. 

We pay homage to his vision, his wisdom and the bravery with which he fought for the liberty of his people. 

He formed a unified nation that today still embodies his commitment to peaceful coexistence. 

Morena Letsie III, you have under your rule and stewardship continued this great tradition with vigour, wisdom, compassion and love of the people of the Kingdom. 

As your neighbours in Southern Africa and across the African continent, we appreciate your excellent leadership, your commitment to peace and development and your contribution to the cause of humanity. 

We celebrate the deep bonds of friendship and solidarity between Basotho and South Africans. 

This is a relationship forged through a collective past and shared aspirations for the future. 

I stand here today, representing my government and the people of South Africa, deeply aware of the heroic sacrifices Basotho made in support of the struggle against apartheid. 

Against enormous odds and at a great cost, the people of Lesotho extended a hand of friendship and solidarity. 

They offered refuge to our freedom fighters. 

As Basotho, you stood with our people even as the brutal apartheid armed forces crossed the border to kill and maim. 

We mourn the many Basotho who lost their lives alongside those of their South African sisters and brothers.

We will remain forever grateful for these acts of selfless solidarity. Re a leboga. 

Speaking on the occasion of a State Banquet hosted in Maseru by His Majesty King Moshoeshoe II, on the 12th of July 1995, President Nelson Mandela said: 

“I am mindful of being amongst a people who have fought so valiantly for our freedom as for your own.

“Although the ties between our people go back so many years, only now can they flourish to their full potential, under conditions of our own choosing.”

The excellent relationship that has existed since then, has reached even greater heights today. 

Both countries continue to work together in many areas of mutual interest for the benefit of our respective peoples. 

As we gather here today on this historic occasion, we extend once again our congratulations to His Majesty King Letsie III and the government and people of the Kingdom of Lesotho. 

Your achievements are to be celebrated with joy. 

A glorious future beckons for this great nation and its people. 

Re le lakaletsa letsatsi le monate la boipuso. Khotso, Pula, Nala! 

I thank you.

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President Ramaphosa to address 24th Annual National Teaching Awards
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President Cyril Ramaphosa will on Saturday, 05 October 2024, address the 24th National Teaching Awards (NTA) at Birchwood Hotel and Conference Centre in Kempton Park, Gauteng Province.

The National Teaching Awards will be held under the theme: “Empowering Educators to educate a South African learner fit for the 21st Century: Strengthening Resilience, Building Sustainability.”

The National Teaching Awards is annually hosted by the Department of Basic Education to appreciate and acknowledge the extraordinary efforts made by excellent teachers, often in very difficult conditions. Such teachers provide for better futures for learners.

The NTA aims to focus public attention on the positive aspects of Basic Education, thereby raising the public image of the teaching profession, recognise, appreciate and promote excellence in teaching performance.

The following categories will be recognised; Excellence in Grade R Teaching; Excellence in Primary School Teaching; Excellence in Primary School Leadership; Excellence in Secondary School Teaching; Excellence in Secondary School Leadership; Excellence in Special Needs Teaching; Excellence in Special Needs Leadership; Excellence in Teaching Mathematics (GET); Excellence in Teaching Mathematics (FET); Excellence in Teaching Natural Sciences; Excellence in Teaching Physical Sciences; Excellence in Technology – Enhanced, Teaching and Learning; Kader Asmal Lifetime Achievement Award; National Best Teacher Award.

Members of the media are invited to attend the National Teaching Awards as follows:
Date: Saturday, 05 October 2024 
Time: 10h00    
Venue: Birchwood Hotel and Conference Centre, OR Tambo Hall, Kempton Park, Gauteng

Members of the media are requested to confirm their attendance with Mr Terence Khala on khala.t@dbe.gov.za/ 081 758 1546.


Media enquiries: Vincent Magwenya, Spokesperson to the President – media@presidency.gov.za or Elijah Mhlanga, Spokesperson for the Department of Basic Education, 083 580 8275

Issued by: The Presidency
Pretoria
 

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President Ramaphosa to undertake a Working Visit to the Kingdom of Lesotho
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President Cyril Ramaphosa will today Friday, 04 October 2024, undertake a Working Visit to the Kingdom of Lesotho at the invitation of King Letsie III to attend the 58th Lesotho Independence Day and Bicentennial Celebration.

The Bicentennial Celebration of the founding of the Basotho Nation by Morena Moshoeshoe I and the Independence Day are being held today at the Setsoto Stadium, in Maseru.

President Ramaphosa will deliver remarks during the celebrations to commemorate Basotho Nation's rich heritage, as well as extraordinary achievements of Morena Moshoeshoe I and the indelible impact he had on the people of the Kingdom of Lesotho. 

The Republic of South Africa and the Kingdom of Lesotho enjoy strong and cordial bilateral relations and cooperation in a number of fields.

The Minister of Defence and Military Veterans,  Ms Angie Motshekga, will serve as the Acting President of the Republic during the duration of the President's travel today. 


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

Issued by: The Presidency
Pretoria

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Remarks by Deputy President Shipokosa Paulus Mashatile during the engagement with the South African Chamber of Commerce, London
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Programme Director;
South African Chamber of Commerce UK;
CEO’s, Managing Directors and All the Leaders of Business and Investors present;
Distinguished delegates;

Ladies and gentlemen.

I am honoured to address the South African Chamber of Commerce today following what we consider to be a successful working visit to the United Kingdom and Ireland. The team went all out to promote South Africa as an investment destination.

The team that I call 'Sale Persons' consists of Ministers and Deputy Ministers, as well as senior officials who are responsible for critical areas of our government's work. We aimed to improve the outcomes of President Ramaphosa's recent state visit by working together to promote inclusive economic growth.

We are optimistic that our visit will lead to an improvement in the trade and investment relations between South Africa, the United Kingdom, and Ireland, which have been stagnant for the past several years due to a variety of factors, including the global pandemic.

The majority of our interactions were characterised by a shared interest in the following topics: the Government of National Unity (GNU), energy, infrastructure, and the measures we are taking to foster a favourable environment for trade and investment.

I wish to reiterate that the political environment in South Africa is stable for investment as a result of the newly established Government of National Unity (GNU). GNU has been operational for less than 100 days, and its activities have already begun to yield results.

Our numerous meetings with potential investors have revealed a shift in their attitudes and perceptions towards South Africa, indicating an optimistic outlook. Our alliance, based not on personal sentiments but on the aspiration to enhance South Africa and, consequently, the lives of our citizens, will undoubtedly sustain the GNU administration for five years. A statement of intent based on our constitution's principles serves as the foundation for the GNU. The GNU's strategic priorities encompass the following areas:

• advancing inclusive and sustainable economic growth,
• addressing poverty and the high cost of living, and
• strengthening our bilateral partnership in various sectors such as trade, investment, skills development, science, and innovation

We will measure GNU's success based on the amount of employment we generate.

The number of business professionals and entrepreneurs we have assisted in establishing sustainable enterprises will serve as the basis for measurement.

The number of business owners and entrepreneurs we have assisted in starting sustainable businesses will serve as the benchmark.

Businesses hope to continue working with the government in the public-private partnership that has reduced load shedding, improved transport and logistics infrastructure, and strengthened national capacity to combat crime and corruption.

Regarding the energy situation, the investors we met demonstrated that ending the load shedding that began in 2007 was the most positive news, and they confirmed that it allows them to conduct business without uncertainty. The elimination of power outages was largely due to a series of measures implemented by the state-owned power utility Eskom and the government over the past two years.

In July 2022, President Cyril Ramaphosa unveiled the Energy Action Plan. Soon after, he became the power minister and appointed Kgosientsho Ramokgopa. Then Eskom initiated the two-year Generation Operational Recovery Plan, with the primary goal of boosting the quantity of power—known as the "Energy Availability Factor" (EAF)—to 70% of the network's capacity. At the same time, Eskom restructured its leadership, which many regard as a critical element.

Ladies and gentlemen,

As we previously stated, one of the country's significant reforms in this regard is allowing private developers to produce electricity. It is anticipated that the total capacity will increase by more than 9,000 MW over time, and there are presently more than 100 projects in progress with several EU companies actively participating.

Successful implementation of these projects necessitates grid strengthening and transmission line expansion.

Other reform areas include the implementation of several initiatives to boost the economy, such as rail reform, Liquefied Natural Gas (LNG) import facilities, rolling stock leasing companies, a high-capacity automotive corridor, and the DCT Pier 2 container terminal. These policies aim to liberalise the public rail sector, boost the car manufacturing industry, and boost port operational efficiency. Furthermore, Transnet has teamed up with a well-known international terminal operator to run its prime terminal at DCT Pier 2.

Furthermore, we are addressing the obstacles in our freight logistics system that continue to impede our competitiveness and undermine economic growth. We are on a mission to create and sustain a bankable investment pipeline of priority, credible, quality, and high-impact projects that span the country through Infrastructure South Africa, the primary driver of the National Infrastructure Plan (NIP) 2050.

During the week, we had an infrastructure-focused engagement and had the opportunity to open the market. This year, we produced the South African Construction Report, which offers a comprehensive overview of investment potential in the country's infrastructure sector.

The book tells the story of our nation's future, primarily aimed at informing investors and stakeholders about infrastructure projects expected to be available on the market in the fiscal year 2024/2025.

As the Chamber of Commerce for South Africa, we strongly recommend that you get hold of this book on hand so that you can present these projects to firms interested in investing in South Africa. You can find it at www.sidssa.org.za and www.infrastructuresa.org.za

Ladies and gentlemen,

We trust you to continue our work in this country to attract more investment and commercial partnerships. You, too, as the South African Chamber of Commerce, play an essential role in engaging with businesses to promote bilateral trade and investment links between the UK and South Africa, with an emphasis on growth prospects. It is our responsibility as leaders in our respective regions to foster an atmosphere that encourages entrepreneurship, fosters innovation, and drives inclusive growth.

South Africa is committed to establishing an enabling business environment that attracts investment, promotes economic development, and generates much-needed job opportunities. We recognise the importance of collaborating with countries such as the United Kingdom, which share our values and goals for a better future.

As a country, we wish to increase our exports of valuable goods and services to the UK. It is excellent that the two countries already exchange food and beverages. It is critical that we collaborate to create strategies to accelerate international trade and investment.

We're also simplifying regulatory procedures through the Red Tape Task Team, making it easier for businesses to operate and invest in our country. The task team's goal is to minimise unduly complicated rules, regulations, procedures, and processes that hamper economic growth and job creation in major economic sectors, while also collaborating with relevant government departments, the business sector, and community organisations.

The team also supports measures to streamline property registration, cross-border trade, and building permits. The task team is also accelerating decision-making processes, such as obtaining permits and approvals for company operations. We believe that reducing administrative processes is another way to create a positive climate and attract more investors to our country.

Ladies and gentlemen, Many people have discussed South Africa's stance on the war in Africa and globally. I would like to reiterate our anti-war stance. We are anti-war and pro-peace. We reaffirm our commitment to the inviolability of sovereignty and the importance of national security.

More immediately, we support gun silence. We want to see peaceful and mutual coexistence between Russia, Ukraine, Israel, Sudan, and the rest of the globe, because war is terrible for business.

I thank you.

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Remarks by Deputy President Shipokosa Paulus Mashatile during the roundtable with Citi Bank, CitiGroup Centre, Canada Square, Canary Wharf, London
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Programme Director; 
Ministers and Deputy Ministers;
High Commissioner Mamabolo;
Sub-Saharan Africa and Banking Head, Akin Dawodu;
Citi Bank Representatives;
Ladies and gentlemen, 

It is an honour for me to be meeting you here today after we couldn’t meet last year. I particularly like to thank Sibongile, who has been working with my office and the Mission here in London on this programme and the previous engagements we held in Johannesburg last year. 

In a discussion with Citi Bank, my office agreed that we meet this way to converse about where we are as a country in the global context.

The last time we met, South Africa was grabbling with the persistent rolling load shedding, which was heavily impacting our economy. The load shedding was adding to the long standing pressure of stagnant economic growth. 

When we met, we were also getting ready for the 7th democratic elections, which were highly contested in the history of South Africa.  

Today we meet again, in a very different environment with the optimistic mood after we have made progress in the number of area since our last engagement.

One of the most notable progress we have made is in the area of energy crisis. As of today, we have experienced over 190 days without load shedding.

We can confidently say our reforms in the energy sector such as the Energy Action Plan (EAP) is bearing results.

Reforms in the energy sector have unlocked hundreds of billions of Rand in investment, helping to address the long-standing shortfall in our electricity supply. 

Load shedding is now a thing of the past. We are now putting efforts to integrate the country’s renewable energy sources, to mobilise resources to fund the country’s Just Energy Transition.

In terms of logistics, South Africa has a vast network of ports, airports, railways and roads that generate national employment and large economic activity.

We are advancing the stabilisation and enhancement of the logistics system to support our major export industries through the National Logistics Crisis Committee. 

We have initiated a comprehensive reform process with the Freight Logistics Roadmap, opening up the freight logistics network to public access and allowing private sector involvement in container terminals for the first time. We do so because we understand that the logistics performance is critical for growth and integration within a country and connecting with other countries in the continent. 

Through the African Continental Free Trade Area (AfCFTA), investors can maximise and expand their investment in other countries by targeting South Africa which is Gate Way to Africa economy. 

The Free Trade Agreement, is creating a single continental market for goods and services in Africa. It further aims to reduce trading problems such as different regulations from one African country to another.

We need to work together to create an integrated economic landscape that promote inclusivity and improve the lives of our people. The global financial ecosystem has grown increasingly intertwined and dependent on one another. The complicated issues we face can no longer be handled by one organisation, be it a bank, a fintech business, a government agency, or a regulatory body, acting alone. Collaboration is the key to unlocking new opportunities, mitigating risks, and delivering improved outcomes for all stakeholders involved. 

As South African government we have doubled our efforts to remove our country from the Financial Action Task Force (FATF) grey listing. South Africa is on schedule to meet international standards to combat money laundering and terrorist financing, and could be removed from the international Financial Action Task Force’s
Many of the upgrades received can be attributed to the amendments in the laws contained in Anti-Money Laundering and Combating Terrorism Financing Amendment Act. 

Our approach to issues of the economy, trade, finance and politics has been one that puts our people first. We want to be the investment destination of UK and any other countries. We are also heavily investing in our country to raise R2 trillion in investments by 2028, having successfully reached our initial target of R1.2 trillion.

In 2023, the economy attracted nearly R100 billion (approximately £4.37 billion) in foreign direct investment (FDI) inflows directed towards sectors such as energy, mining, infrastructure, transportation, manufacturing, finance, and retail.

South Africa stands as a key destination for Cleantech Foreign Direct Investment (FDI) on the continent, ranking as the second-largest recipient in Africa after Egypt. 

The United Kingdom stands as the third largest source of foreign direct investment in Africa, while South Africa emerges as the UK’s second largest destination for such investments. This highlights the critical opportunity to improve and increase foreign direct investment from the UK, further strengthening our bilateral relationship and fostering economic growth and collaboration between our nations.

Our intention here is to foster relationships and engage in conversation about how we can partner in making South Africa an even more attractive investment destination. Together with the private sector we have already established joint oversight committees on all of these issues to find lasting solutions.

We believe in the capacity of all of us hence we will continue to work with the private sector to find lasting solutions to improve trade and investments. 

In this regard, on 01 September 2024, President Cyril Ramaphosa launched phase 2 of Business and Government Partnership.
Through this partnership, we have worked to mobilise the skills, talent, expertise and goodwill that exist in our country behind a single task: to grow our economy and create jobs.

Government and business have both undertaken to commit greater resources to achieve our national goal of inclusive growth and job creation. 

We need to ensure that we have the human, financial and other resources we need now to make a meaningful and lasting difference. It is up to all of us to ensure that this partnership becomes an essential part of a new era of unity, collaboration and prosperity for all. 

I thank you!

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