Lindsay Dentlinger22 January 2025 | 4:22

GNU a silver bullet to make SA attractive investment destination, Ramaphosa tells WEF

Ramaphosa has appealed to the summit to cooperate with the G20 economic bloc to ensure economic prosperity for all - particularly to counter the harsh effects of climate change. 

GNU a silver bullet to make SA attractive investment destination, Ramaphosa tells WEF

FILE: President Cyril Ramaphosa speaking on the first day of the World Economic Forum in Davos, Switzerland, on 21 January 2025. Picture: Supplied/@PresidencyZA on X

CAPE TOWN - President Cyril Ramaphosa has told the World Economic Forum he believes the Government of National Unity (GNU) is making South Africa a more attractive investment destination. 

In a special address in Davos, Switzerland, on Tuesday, Ramaphosa pointed out that the 10 political parties formed a government within 30 days when it’s taken some European nations up to a year to do the same. 

Ramaphosa has appealed to the summit to cooperate with the G20 economic bloc to ensure economic prosperity for all - particularly to counter the harsh effects of climate change. 

South Africa is the first African nation to host the year-long presidency.

Ramaphosa says Africa is being propelled by infrastructure-led growth to create jobs for thousands of unemployed young people. 

“We intend that the G20 in Johannesburg this year, should really be a form where cooperation and collaboration amongst the leading economies of the world will be taken to a higher level. Acting together, we should build an inclusive, just and equal world where all may prosper, leaving no one and no country behind.”