Press Releases

Press Releases


  Dear Fellow South African,

As South Africa entered the new year, we were confronted by two profound events that reminded us, in different ways, of what brings us together as a people.

On the first day of 2022, the nation gathered in spirit to bid farewell to Archbishop Desmond Tutu at St George’s Cathedral in Cape Town. It was a moment of great sadness as we recalled the life and contribution of a beloved compatriot who was, in many ways, the moral conscience of our nation. At the same time, his funeral was a celebration of the values he stood for. It was a celebration of the great unity and diversity of our people, and a reminder of the sacrifices made by so many to achieve our democracy.

On the second day of 2022, the country watched on in horror as a huge fire engulfed our Parliament, just a hundred metres from where we had gathered the day before to pay our last respects to Archbishop Tutu.

The fire, which spread quickly through the buildings that house both the National Assembly and the National Council of Provinces, took days to fully extinguish. We are relieved that there was no loss of life and that no-one was injured in the fire. We are extremely grateful to the firefighters who battled the blaze and finally extinguished it.

The investigations into the cause of the fire are now underway. We need to ensure that these investigations are thorough and concluded without delay. The country needs to know what happened.

Arrangements are being made to ensure that the work of Parliament can continue even if the buildings cannot be used. It is vital that Parliament continues to consider and pass laws that will transform society and continues to provide oversight and ensure accountability as government works to implement the mandate it received from the people.

Apart from the close proximity of St George’s Cathedral and Parliament, what connects these two events is that each reminds us of what brings us together as South Africans: our democracy.

We mourn Desmond Tutu because he was the spiritual father of our democracy. We despair at the devastation of our Parliamentary buildings because they are the seat of our democracy. They are the place where our new democratic Constitution was adopted just over 25 years ago, and where hundreds of transformative laws have been passed.

We may not always recognise it, but the fire at Parliament demonstrated how strongly South Africans feel about their democracy. It is a reminder also of how important it is that we work to strengthen and defend that democracy.

While the Parliamentary buildings have been damaged beyond use, the institution of Parliament continues its work in the service of the people. This is an important reminder that our democratic institutions are not defined by the buildings that house them, but by the work they do and by the confidence that the people have in them.

This is true of all the institutions of our democracy.

Just as the fire in Parliament was finally being extinguished, Acting Chief Justice Raymond Zondo submitted the first part of the report of the Commission of Inquiry into State Capture. This part of the report details how several public institutions were infiltrated, looted and severely damaged. These include state owned enterprises like South African Airways, the Government Communication and Information System and the South African Revenue Service.

This part of the report paints a deeply disturbing picture of how key institutions of our democracy were compromised and undermined with criminal intent. Not only were significant amounts of money stolen, but these institutions were not able to properly fulfil the functions for which they were established. 

The findings and recommendations of the Zondo Commission will help the country to rebuild these institutions and to hold those responsible to account. We must ensure that we use them to safeguard these institutions into the future so that they may never be captured again.

The things that we have read in the Zondo Commission report should strengthen our resolve to defend the institutions of our democracy, all the entities of our state and, indeed, our democratic constitutional order.

We must safeguard against any and all efforts to diminish our hard-won democracy – whether these efforts take the form of corruption in state owned enterprises, the subversion of our law enforcement agencies, the sabotage of our economic infrastructure, or attacks on the independence and integrity of our judiciary.

We need to protect our Constitution, our democratic state and the electoral process from anyone who wants to weaken our democracy and deny the South African people of their hard-won freedom.

As we head into a new year, there are many challenges that we must confront as we work to rebuild and recover from the effects of the COVID-19 pandemic.

As we do so, let us draw strength and encouragement from our deep dedication to our democracy and our common desire to build a nation that is united, free and equal.

I wish you all the best for the year ahead.

With best regards, 


  Dear Fellow South African,

As the country heads into a fourth wave of COVID-19 infections, we are experiencing a rate of infections that we have not seen since the pandemic started. The Omicron variant that was brought to global attention by South African scientists nearly two weeks ago appears to be dominating new infections in most provinces.

Over the last week, the number of daily infections has increased five-fold. Nearly a quarter of all COVID-19 tests now come back positive. Compare this to two weeks ago, when the proportion of positive tests was sitting at around 2%.

Scientists in our country and around the world are still hard at work to answer critical questions about the new Omicron variant, such as its transmissibility, its progression, whether it causes more severe disease and how effective vaccines will be against it.

While the surge in infections is of great concern, we should remember that we anticipated it. Disease modellers in our country have told us that we would likely experience a fourth wave around this time and that it was almost inevitable that new variants of the virus would emerge.

As we enter the fourth wave, and as the country gears up for the festive season, the urgent priority is for more people to get vaccinated. Scientific evidence shows that vaccination is the most effective means of preventing the spread of new infections, and that vaccines reduce severe illness, hospitalisation and death.

South Africa now has sufficient supplies of vaccines and we have vaccine stations set up in every part of the country. As every day passes, and as infections rise, the reasons to get vaccinated become more compelling and the need becomes ever more urgent. 

Vaccines are safe, and like all other routine vaccinations we received as children and against diseases like measles, they offer the most potent form of protection available.

Vaccination is essential for our economic recovery, because as more people are vaccinated more areas of economic activity will be opened up. We can do our work and socialise under less stringent restrictions, and our lives can return to some degree of normality.

As individuals, we must carefully consider the implications of the risk to ourselves of being unvaccinated and the risk of spreading the infection to our children, parents, relatives, co-workers and those we do not even know.

The massive surge in infections means that, in addition to vaccination, we need to be far more diligent in reducing our contact with people outside our household. Social distancing is difficult as the festive season approaches, but the evidence shows that gatherings – mainly those held indoors – carry the greatest risk of transmission. Many people have been disappointed by the cancellation of some big events in recent days, but it is by far the safest and most responsible thing to do now.

Fortunately, we all know what we need to do, such as wearing masks, social distancing and avoiding crowds. Now we just need to make sure that we do these things more consistently and without exception.

As we work with greater urgency to increase vaccination rates, we need to significantly up our game on prevention measures to ensure our collective safety.

We should not wait for new regulations before we reduce the size of the gatherings, as research has shown this to be an effective means of reducing the spread of the virus. 

All public and private facilities, including workplaces, taxis, buses and trains, must ensure adequate ventilation to prevent the spread of the virus.

Every facility that serves the public has a legal responsibility to ensure that people practice social distancing. We must reinvigorate our masking programme, where we insist on no entry into any public or business facility without a mask. 

While we do not yet know what impact the Omicron variant will have on hospital admissions, we have been preparing hospitals to admit more patients, and we are investigating how we can quickly secure medication for treating COVID-19. 

In the coming days and weeks we will know more about the Omicron variant. At the same time, we are keeping a close eye on the rates of infection and hospitalisation. 

We will soon be convening a meeting of the National Coronavirus Command Council to review the state of the pandemic. This will enable us to take whatever further measures are needed to keep people safe and healthy.

I call on all South Africans to go out and get vaccinated without delay. If necessary, take advantage of the Vooma Vaccination Weekends that make it easier to visit the facility closest to you.

Let us all play our part in South Africa’s social and economic recovery. Let us do the responsible and right thing for our own health and for the health of others.

With best regards,


  Dear Fellow South African,
In my inauguration address, which I delivered on Africa Day two years ago, I said South Africa is determined to work with all the countries on our continent towards a future of growth, opportunity and shared prosperity.
I said that our fortunes as a country are inextricably tied to those of our neighbouring countries.
Since the outbreak of the COVID-19 pandemic last year, which coincided with our term as African Union Chair, our focus has been on responding to the impact of the pandemic on human health, society and economies.
South Africa was, for example, instrumental in the establishment of the Africa Medical Supplies Platform to enable countries to procure personal protective equipment and medical supplies, as well as the African Vaccine Acquisition Task Team, which has secured millions of vaccines for the continent.
As the AU Champion for the COVID-19 Response, we continue to play an active role within AU structures to support the continental effort against the pandemic.
As we continue to combat the virus, our focus is also on a sustainable economic recovery.
As part of our economic diplomacy efforts, we are giving renewed attention to promoting trade and investment with countries on our continent.
That is why this week I will be undertaking visits to four West African countries: Nigeria, Ghana, Côte d’Ivoire and Senegal.
These are countries with which we have strategic partnerships and are markets in which a number of South African businesses operate. In addition to government Ministers and officials, I will be accompanied by a delegation of business people representing sectors such as manufacturing, agriculture, construction, consumer goods, renewable energy, healthcare and pharmaceuticals.
At the beginning of this year, one of the most significant milestones in the quest for African economic integration was reached when trade officially commenced under the African Continental Free Trade Area (AfCFTA). This presents immense opportunity for the export of South African goods and services into the continent.
The United Nations estimates that the market created under the AfCFTA is around 1.3 billion people with a combined gross domestic project of $3.4 trillion.
The successful hosting of the Intra-African Trade Fair in Durban earlier this month was part of the effort to promote greater trade between our country and others on the continent and to help realise the promise of the AfCFTA. It is estimated that around $36 billion in deals were concluded at the Intra-African Trade Fair, in which more than 80 South African companies participated.
During my visits to Nigeria, Ghana, Côte d’Ivoire and Senegal over the next week, we will look at how to leverage the opportunities presented by the AfCFTA to expand the footprint of South African companies into the continent and how we can better support those businesses already operating in other African countries.
We will also be looking at how companies from those countries can find trade and investment opportunities here in South Africa.
The state visit to Nigeria will coincide with the 10th Session of our Bi-National Commission and will reflect on the progress made in advancing trade and investment between our two countries. We will be looking in particular at how to support business expansion and job creation in both countries.
Ghana is another key strategic partner for South Africa and there are currently over 200 South African companies doing business there. Over the past decade these companies have engaged in large scale projects in Ghana representing over $1 billion in capital investment. Two South African banks, Investec and Rand Merchant Bank, have been involved in financing mass infrastructure projects such as road rehabilitation and construction, health infrastructure upgrades and railway line construction.
South African businesses also have a strong presence in Côte d’Ivoire. MTN, Standard Bank, Multichoice, Sanlam, Investec and the Development Bank of Southern Africa are some of the companies with significant investments in the country.
I will be participating in an Economic Forum with South African and Ivorian business representatives, where we will be discussing opportunities in existing and emerging sectors such as renewable energy.
In Senegal, we will discuss how to facilitate greater trade and investment between our two countries. Currently there are South African companies operating in the energy and wildlife tourism sectors among others, and a number of South African companies have expressed interest in entering the infrastructure construction space.
In all these visits, we will be looking to build trade and investment relationships that benefit growth, development and employment in each country.
For far too long, we African countries have trained our gaze on trade and investment opportunities in markets beyond the continent such as Europe, Asia and North America. If the AfCFTA is to be a success, we have to both strengthen the existing trade relationships with countries closer to home and forge new ones.
Restoring and rebuilding our respective economies is as important as the fight against the health effects of COVID.
It is our hope that these upcoming visits will not only strengthen fraternal ties with our fellow countries on the continent, but that this will translate into new opportunities for South African businesses, new markets for our products and the creation of employment for our people.
Equally, it is our hope that companies from the countries we are visiting will forge partnerships with South African companies and will find opportunities to invest and trade in South Africa.
With best regards,


Due to the new COVID variant and the increasing number of cases in Portugal, please be informed of the following:

  1. Some airlines are cancelling their flights to South Africa;
  1. At the present moment South African borders / Ports of Entry are still fully open - both to enter and to depart from the Republic;
  1. South Africa is currently on Alert Level 1 –  Alert Level 1 indicates a low Covid-19 spread with a high health system readiness;
  1. Travelers should confirm with the Portuguese authorities and the airline companies about the any restrictions imposed to travel to South Africa;
  1. Additionally, travelers to South Africa who had their flights cancelled, may send an email to This email address is being protected from spambots. You need JavaScript enabled to view it. and  This email address is being protected from spambots. You need JavaScript enabled to view it. with the following details:
  • Full Name
  • Scanned copy of passport
  • Full contact details – email address and cellphone number
  • Reason for travelling should be stated – documentary proof may be requested

The South African Embassy will prioritize urgent situations in the case of repatriation flights.




In line with the new Portuguese COVID-19 regulations, as of 01 December 2021, all visitors to the South African Embassy in Lisbon will be required to produce a full vaccination certificate (digital or hardcopy), or recovery certificate or an antigen test (not older than 48 hours) or PCR not older than 72 hours.



Em linha com as novas regras portuguesas relativas à COVID-19, a partir de 1 de Dezembro 2021, todas as pessoas que visitem a Embaixada terão de apresentar um certificado de vacinação (digital ou impresso), ou certificado de recuperação, ou um teste antigénio (feito nas últimas 48 horas), ou teste PCR (feito nas últimas 72 horas).




Dear Fellow South African,
If a nation’s character can be judged by how it treats women and children, then we are falling desperately short.  
A week before the launch of the annual 16 Days of Activism for No Violence against Women and Children, the latest crime statistics released by the South African Police Service (SAPS) show an increase in rapes, domestic violence, and, perhaps most worryingly, in child murders.
In just three months, between July and September 2021, 9,556 people, most of whom were women, were raped. This is 7% more than in the previous reporting period.
Of the nearly 73,000 assault cases reported during this period, more than 13,000 were domestic violence-related. The rate of child murders has climbed by nearly a third compared to the previous reporting period.
These statistics are shameful. We are in the grip of a relentless war being waged on the bodies of women and children that, despite our best efforts, shows no signs of abating.
We have said before that the violence perpetrated by men against women is the second pandemic that our country must confront, and like the COVID-19 pandemic it can be overcome if we all work together.
As government, we have a duty and responsibility to devote the necessary resources to combat crimes of gender-based violence.
Since the launch of the National Strategic Plan to Combat Gender-based Violence and Femicide (NSP) in 2020, there have been a several interventions to respond to GBV. This includes far-reaching legislative reform, support to survivors through the provision of evidence kits at police stations and psycho-social services, the establishment of a GBVF Fund and supporting the network of Thuthuzela and Khuseleka Care Centres.
The SAPS has indicated we are making progress in reducing the significant backlogs in DNA analysis, which is crucial to securing justice for survivors of sex crimes. The SAPS also operates 134 GBV desks at police stations around the country and is in the process of establishing more.
As work continues to implement all the pillars of the NSP, we must ask hard questions of ourselves as a people.
When we hold a mirror up to ourselves, do we see the proud, resilient, peaceful and freedom-loving South Africans we aspire to be?
Every year when November comes around, we make pledges to end violence against women and children. We take part in marches, attend mass mobilisation events, and wear regalia emblazoned with powerful slogans like “Sikwanele: Enough is Enough”.
But what we have observed over the years is that most of those who take part in the 16 Days of Activism are women and children, those most affected by and concerned about GBV. This needs to change.
Gender-based violence is, after all, a problem of male violence. It is predominantly men who are rapists. It is mainly men who are perpetrators of domestic violence.
Because it is men who are the main perpetrators, it should be men taking the lead in speaking out and reporting gender-based violence, in raising awareness, in peer education and in prevention efforts.  
It should be men in positions of authority in our educational system, whether as school principals, educators or lecturers, who should be making schools and places of higher learning safe spaces for female learners and students, and never, ever abusing their position of authority to demand sexual favours.
Men should also be playing a more formative and present role in their families, particularly in raising their sons to exhibit healthy, positive masculinity that is respectful of women and children.
Communities and community organisations must work with government to implement interventions that redefine masculinity so that we raise men with empathy, tolerance and respect.
Just as ending gender-based violence cannot be the state’s responsibility alone, the onus cannot be on women and children to end the shocking levels of violence and abuse being visited upon them.
South African men need to play a greater role in preventing GBV. They need to understand what constitutes gender-based violence, especially sexual violence.
The latest crime stats show nearly 4,000 people were raped in their homes or that of the perpetrator, and in 400 reported rape cases the victim and perpetrator had a relationship. This suggests that some men do not understand that sexual activity without explicit consent is a crime.
Men must respect their wives and girlfriends and understand that being in an intimate partner relationship is never a justification for domestic violence.
If each man gathers two men and the three pledge to never rape a woman, never lay a hand on a woman and hold each other accountable to this pledge, we can start to seriously tackle gender-based violence in our country.
This year's 16 Days of Activism campaign aims to shift from awareness to accountability and create an environment for men to play a greater role in GBVF prevention.
It is not enough to intervene only once perpetrators have entered the criminal justice system. We have to prevent gender-based violence before it happens.
I call on all South African men, young and old, city dwellers and rural dwellers, modernists and traditionalists, married and unmarried, to be part of the prevention efforts that are sorely needed in homes and in our communities.
By refusing to condone violence against women and children, by not being party to it yourself and by reporting such acts, you are setting an example to your fellow men, especially to young men and boys.
You will be sending a clear sign that neither kinship, friendship or loyalty can be an excuse for not standing up for the rights of women and children.
Let us work together as one to ensure that this year’s 16 Days of Activism campaign is meaningful, that it moves beyond mere words, and that it results in real change in the lives of South Africa’s women and children.
With best regards,


  Dear Fellow South African,
Just as the COVID-19 pandemic has tested our resolve as a nation and united us as a people, it has also illustrated once more that community-based and civil society organisations are the lifeblood of this country.
Since the earliest days of the pandemic, civil society organisations have played an essential role in supporting the public health response and sustaining livelihoods.
When government embarked on an extensive relief programme to support people in distress, community organisations partnered with us to make it happen. In many ways this was a true expression of the Thuma Mina spirit. Among other things, they helped to expand sheltering services for survivors of gender-based violence and kept community early childhood development centres running. There were many local community kitchens that sprung up to deal with hunger, often supported by local volunteers, restaurant owners, supermarkets and farmers.
And while meeting vital community needs, these organisations are also creating jobs. This is a strength that we want to build on through the new Social Employment Fund, which has just been launched as part of the second phase of the Presidential Employment Stimulus.
Through this fund, non-governmental, community-based and civil society organisations as well as social enterprises will be supported to create jobs while undertaking work that serves the common good and is not for profit.
This could include work that promotes food security, healthcare, education support, greening the environment, better public spaces, community safety and action against gender-based violence.
It is expected that the Social Employment Fund will create around 50,000 work opportunities. A total of R800 million has been allocated to the fund, which is being led by the Department of Trade, Industry and Competition and managed by the Industrial Development Corporation.
Applications are now open for organisations to become the fund’s Strategic Implementing Partners. These partners must be able to create work for at least 1,000 participants, and will be expected to reach the employment target within the first quarter of implementation.
No less than 80% of the funds received needs to be spent on wages. This will ensure that the work supported by the Fund is labour intensive, provides meaningful experience and delivers real social value. Social employment is not about work alone, but about creating high-quality assets and services for communities.
Public employment programmes are particularly important when there are not enough jobs being created in the private sector. As our economy starts to recover from the effects of COVID-19, public employment fills a vital gap as companies get back on their feet and start hiring again.
Work opportunities under the Social Employment Fund will be part-time. This means more people can participate and participants can be employed and have a secure income for longer. This gives participants the time to develop the structure, skills and networks associated with participation in work.
Participants will perform an average of two days of work a week, and we want to encourage the private sector and the donor community to support these organisations, which will enable participants to be paid for more workdays a week.
As the International Labour Organization notes, work experience and skills acquired through public employment programmes can improve a person’s chances of being employed, becoming self-employed or starting their own business.
As with the other programmes of the Presidential Employment Stimulus, this fund will have a broader transformative impact by engaging unemployed people to carry out socially valuable activities such as educating our youngest citizens, greening our communities, and providing care and support to society’s most vulnerable.
As we strive to recover and rebuild in the aftermath of the pandemic, the Social Employment Fund will not only create more work opportunities and support more livelihoods, it will also be a critical driver of development and social upliftment.
Through this fund, and the many organisations it will support, government aims to mobilise the abundant energy and capabilities of the wider society to create work for the common good.
With best regards, 


I have learned with great sadness of the passing of former Deputy President and former State President Frederik Willem “FW” de Klerk.

The Former Deputy President passed away earlier today, Thursday, 11 November 2021, after an extended period of illness. He was 85 years of age.

I offer my sincerest condolences to his wife, Elita, his children Jan and Susan, and his grandchildren.

My thoughts are also with Mr De Klerk’s friends and associates and the management and staff of the FW de Klerk Foundation.

The then State President De Klerk played a vital role in our transition to democracy in the 1990s, which originated from his first meeting in 1989 with President Nelson Mandela who was a political prisoner at that stage.

He took the courageous decision to unban political parties, release political prisoners and enter into negotiations with the liberation movement amid severe pressure to the contrary from many in his political constituency.

Deputy President was a committed South African who embraced the democratic constitutional dispensation and placed the long-term future of the country ahead of narrow political interests.

Serving as Deputy President from 1994 to 1996, Mr De Klerk played an important role in the Government of National Unity, dedicating himself to the constitutional imperative of healing the divisions and conflict of our past.

Deputy President De Klerk’s passing, weeks before the 25th anniversary of our democratic Constitution, should inspire all of us to reflect on the birth of our democracy and on our shared duty to remain true to the values of our Constitution.

May his soul rest in peace.

The FW de Klerk Foundation will in due course make announcements regarding funeral arrangements.

Issued by: The Presidency


11 November 2021




Dear Fellow South African,
Normally, this is the time of year when we bring together investors from across the country and around the world for the annual South Africa Investment Conference.
We held the first Investment Conference in 2018 as part of our ambitious drive to raise R1.2 trillion in new investment over five years. The conference was attended by over a thousand delegates in 2018 and 2019, and in 2020 was held in a hybrid format due to the COVID-19 pandemic.
Together, these conferences raised just over R770 billion in investment commitments across a wide range of economic sectors.
The fourth South Africa Investment Conference would have been held this month, but we decided to move it to March next year due to several other events taking place at this time. These include the local government elections, the COP26 climate conference and the Intra-African Trade Fair, which starts in eThekwini next week. Another important reason for holding it next year is that there will be far greater COVID-19 vaccination coverage by then, making both travelling and gathering easier.
Although the fourth Investment Conference has been held over by a few months, our ambitious investment drive continues. Even in the midst of the challenging economic environment caused by the COVID-19 pandemic, which was exacerbated by the violence and destruction that occurred in parts of KwaZulu-Natal and Gauteng in July, companies continue to make good on their commitments and to look for other investment opportunities in South Africa.
In the last year alone, nearly R120 billion of investment commitments flowed into project construction or expansion. This means that around 38% of the total investment commitments – or R290 billion – have to date flowed into the economy. Some investments have been delayed due to COVID-19, particularly in hard-hit sectors like property development and tourism.
Just two weeks ago, I attended the launch of Toyota’s expanded production line in eThekwini, which will produce South Africa’s first locally-made hybrid car. This investment was the result of a R2.4 billion commitment the company made at the 2019 South Africa Investment Conference. Also in KwaZulu-Natal, Tetra Pak is expanding its operations with an investment of R500 million.
Pharmaceuticals is an exciting new area of growth.
Aspen Pharmacare recently launched its R3.4 billion expansion, which it announced at the 2018 Investment Conference. This investment has turned Aspen’s Gqeberha manufacturing facility into one of largest global manufacturing hubs for general anesthetics and has also provided capacity over 100 million doses of the Johnson & Johnson COVID vaccine have been produced under contract.
The World Health Organization also chose South Africa to host an mRNA vaccine manufacturing hub with the Biovac Institute, which is a public-private partnership with government. South African-born Dr Patrick Soon-Shiong and his company NantWorks recently announced an ambitious initiative to build capacity for advanced health care in Africa. In addition to the investments they will bring, these developments will also contribute to our collective ambition for the continent to manufacture 60% of its vaccine needs by 2040.
Energy is another area of growth. The 25 preferred bidders in the fifth round of our Renewable Energy Independent Power Producer Procurement Programme are together expected to invest around R50 billion into the economy. The increase of the licensing threshold for embedded generation to 100 megawatts is likely to result in substantial private investment in electricity generation projects.
South Africa has recently secured an initial commitment of around R131 billion to fund a just transition to a low carbon economy by investing in renewable energy, green hydrogen and electric vehicles. This commitment by the United States, United Kingdom, France, Germany and the European Union is in line with the Paris Agreement, which obliges wealthier countries to support decarbonisation in the developing world.
These energy investments will help us overcome the debilitating load shedding that the country is currently experiencing, as new electricity generation capacity comes online.
Several new investments in datacentres and undersea cables will not only bring in new investment, but will provide the infrastructure needed for the growth of technology and telecommunications industries.
An important part of our investment drive are the far-reaching structural reforms we are undertaking in areas such as energy, telecommunications, water and ports and rail. These reforms will improve efficiency and competitiveness, bringing down the cost of doing business in South Africa, and encouraging greater private investment in our economic infrastructure.
We now have 13 special economic zones across the country, providing investors with targeted investment incentives, preferential tax rates and export support. These provide an attractive manufacturing base for companies seeking to supply both local and international markets. Their value has increased further with the establishment of the African Continental Free Trade Area, which officially commenced trading at the beginning of the year.
While the rate of investment has slowed due to the effects of the pandemic, and several projects have been delayed, the investment drive is beginning to gather pace once again.
As we make progress with the implementation of the Economic Reconstruction and Recovery Plan – with its focus on infrastructure, industrial development, employment and structural reform – the environment for investment will improve further.
Through the investments that are now underway, through the work that social partners are doing to expand local production and through the progress we are making on key reforms, we are building a firm foundation for the success of the fourth South Africa Investment Conference next year.
Most importantly, we are building a firm foundation for a sustained economic recovery that encourages further investment, creating more jobs and providing new opportunities for emerging businesses.
With best regards,