- President Ramaphosa is hoping to lure investors back to South Africa after they lost trust in the country
- The WEF Roundtable held in Johannesburg is where the president hopes to gain investors
- The president's goal is $100 billion in investments and resources
Since he was elected as president of South Africa, Cyril Ramaphosa has said that he will use foreign investments to grow the country's economy.
President Ramaphosa aims to attract more than $100 billion in investments and resources over the next five years.
The WEF Roundtable is where President Ramaphosa hopes to put investors' money where his mouth is.
The one-day meeting takes place in Johannesburg and is part of President Ramaphosa's plans of luring investors.
Briefly.co.za gathered that the theme for this year's WEF Roundtable is “Shape an Inclusive, Sustainable Future for South Africa”.
After so many negative news headlines, investors have lost trust in South Africa. It is up to President Ramaphosa to restore that trust.
The president will be using this meeting to meet up and partner with businesses, according to reports by eNCA.
The Citizen reported that the Presidency stated that new investments will contribute to the attainment of the goals laid out in the National Development Plan.
This is meant to help the South African economy grow and prosper.
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