South Africa News

Ramaphosa hopes to raise R1 trillion by 2023

2018 was a tough year for South Africa’s economy.

However, foreign direct investment grew by over 400 percent to $7.1-billion last year.

That’s up from $1.3-billion the year before.

President Cyril Ramaphosa and his team are currently on a charm offensive at the World Economic Forum in Davos, Switzerland.

President Cyril Ramaphosa

It’s hoped his push will help bag a trillion rand in investments by 2023.

So far, a third of this amount has been raised.

Source: IOL

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