Ramaphosa tells Saudis 'plenty of reasons' to invest in SA
President Cyril
Ramaphosa says he hopes for closer economic cooperation between South Africa
and Saudi Arabia.
Ramaphosa is on a state visit to the Middle Eastern country, where he met with Saudi Arabia’s King Salman bin Abdulaziz Al-Saud and Prime Minister Mohammed bin Salman Al Saud.
Ramaphosa has also addressed South African businesses operating in Jeddah - emphasising the importance of the South African-Saudi Investment Forum.
He says there are plenty of reasons to invest in South Africa.
READ: Ramaphosa's state visit to Saudi Arabia to focus on export market opportunities
"Africa is growing its output, rapidly urbanizing and has a young population.
We already know that Saudi business sees itself as being part of Africa’s success story. You have an opportunity here today to develop the relationships that can improve two-way capital flows between Saudi Arabia and this region broadly and South Africa
