Well done, Ramaphosa, but SA needs concrete results

citizen.co.za

- citizen.co.za | 4 days ago

It seems President Cyril Ramaphosa can do no wrong at the moment.

Fresh from jumping on a plane to watch the Springboks win their third Rugby World Cup title in Japan last weekend, the president made all the right noises at the two-day SA Investment Conference in Sandton this week. Ratings agency Moody’s may not agree after they lowered our outlook to negative last week, but Ramaphosa insisted SA’s economy was poised for future growth in the near future.

On the face of it, securing financial backing of R363 billion from local and international investors is wonderful news.

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