Ramaphosa Opens Business Opportunities Between SA and Spain During Spanish Prime Minister's State Visit

Ramaphosa Opens Business Opportunities Between SA and Spain During Spanish Prime Minister's State Visit

  • President Cyril Ramaphosa welcomed Spanish Prime Minister Pedro Sánchez to SA during his official State visit
  • The pair discussed ways to deepen business relations between SA and Spain at Union Buildings in Pretoria
  • Ramaphosa said South Africa planned on exporting more value-added goods and services to the Spanish Kingdom

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PRETORIA - President Cyril Ramaphosa told a Spanish business delegation that South Africa is opon for business.

Spanish Prime Minister Pedro Sánchez & President Cyril Ramaphosa
President Cyril Ramaphosa has encouraged higher levels of foreign direct investment from Spain during Spanish Prime Minister Pedro Sánchez's state visit. Image: Phill Magakoe
Source: Getty Images

The delegation was led by Spanish Prime Minister Pedro Sánchez, who is in the country on an official state visit and was at Union Buildings in Pretoria on Thurday, 27 October.

Sanchez was accompanied by Spain's industry, trade and tourism minister, Reyes Maroto and oversaw the signing of three declarations of intention.

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Sandton Terrorist Attack: Ramaphosa clears the air claiming US Embassy’s warning is unfounded

President Ramaphosa encouraged higher levels of foreign direct investment from Spain while adressing business leaders from both nations, TimesLIVE reported.

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Ramaphosa also highlighted the historical business relationship between SA and Spain, adding that there were 150 Spanish companies invested in the nation that have created over 20 000 jobs.

The president added that the main focus was to increase the report of South African value-added goods and services to Spain. Which include exporting mining equipment and technologies, advanced manufacturing, alternative energy equipment, pharmaceuticals, agricultural products and food processing equipment, News24 reported.

South Africans weigh in on increased cooperation between SA and Spain

Sceptical as always South Africans wandered where Ramaphosa explained how loadshedding affects business in SA.

Here are some comments:

@Busi58475464 joked:

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Sandton Terrorist Threat: Sandton City Says Business As Usual With Beefed Up Security

"We're open for business but bring your own generator."

@Scelokakhumalo added:

"Ankole must also explain that the business will be operated by candlelight."

@Lion_For_Truth claimed:

"Dodgy business, yes"

Sandton terrorist attack: Ramaphosa breaks silence, says US embassy’s warning is unfounded

In another story, Briefly News report President Cyril Ramaphosa has rubbished the security alert issued by the embassy of the United States of America.

The alert, which warned of a possible terrorist attack in Sandton this weekend, has had South Africans on edge, but President Ramaphosa assured that the claims are unfounded.

The president made the assurance during his opening address at the beginning of a state visit by Spanish head of state Pedro Sánchez in Pretoria on Thursday, 27 October, EWN reported.

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Source: Briefly News

Authors:
Lerato Mutsila avatar

Lerato Mutsila (Current affairs editor) Lerato Mutsila is a journalist with 3 years of experience. She obtained a Bachelor of Arts in Journalism from Pearson Institute of Higher Education in 2020, majoring in broadcast journalism, political science and communication. Lerato joined the Briefly News current affairs desk in August 2022. Mutsila is also a fellow of the 2021/2022 Young African Journalists Acceleration programme, which trained African journalists in climate journalism. You can contact Lerato at lerato.mutsila@breifly.co.za