British Prime Minister Theresa May on Tuesday ensured President Cyril Ramaphosa that Brexit would not harm trade relations between the United Kingdom and South Africa.
May promised investments into Africa amounting to £4 billion (R72 billion).
She also said she wants to direct foreign aid in a way that will ensure the long-term development of African economies to support investment by British companies.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
It was quite an impressive performance [by Theresa May]…— Gaye Davis, EWN
Her endorsement of his approach… the UK supports land reform as long as it’s legal and transparent… that’s a ringing endorsement. That is good for Cyril…— Gaye Davis, EWN
She’s dangling big, fat carrots… it [aid] is going to be about helping states where growth is not inclusive…— Gaye Davis, EWN
He [Cyril Ramaphosa] is not going to say ‘no’ to somebody like Theresa May… There’s chemistry between them…— Gaye Davis, EWN
It’s a win for South Africa and, possibly, also for her.— Gaye Davis, EWN
Enjoy The Money Show, but miss it sometimes?
Get the best bits emailed to you daily, right after it ends:
Recommendedby NEWSROOM AI
Naspers plans to sell about 22 million shares in Prosus - will it decrease the Tencent gap?
Pravin Gordhan, the minister of public enterprises, wants to be left alone to do his job.
Be mindful of what you're disclosing at the time you take out a policy.
Day two of Davos, where business heavyweights are attending the annual meeting of the World Economic Forum.
Where you’re born – and who your parents are – largely determines your destiny in South Africa, according to the WEF.
Data ssystems use a great deal of energy and tech providers must start reducing emissions.
Khabazela shares tweets and Facebook posts that have gone viral.
Some things in life just don’t need a “designer” counterpart, reckons branding and advertising expert Andy Rice.
You only live once — personal finance guru Warren Ingram on divvying up your income if you're not the budgeting type.