South African (SA) President Cyril Ramaphosa says that structural reforms are taking hold and stable governance is yielding a positive response from the markets.
Ramaphosa made these remarks while delivering the opening address at the virtual SA Tomorrow Investor Conference, which was hosted by the Johannesburg Stock Exchange.
The conference serves as a platform for global investors to hear about current policy developments and market fundamentals that can help inform investment decisions.
Speakers highlight the country’s economic resilience, which has been supported by growth-enhancing reforms, fiscal prudence and data-driven monetary policy decisions.
Ramaphosa says, “Through private-public partnership, we are unlocking finance for infrastructure, including mass public works. We are expanding and broadening the areas of our reform process to drive transformation, build critical skills, and to expand to expand opportunities for all businesses.”
He adds, “We are strengthening the regulatory environment and improving the ease of doing business; our financial sector regime remains the world’s most robust.”
–SABC–
