President Cyril Ramaphosa held a briefing at the World Economic Forum (WEF) in Davos, Switzerland on Wednesday.
He provided a global update on South Africa’s economy and its drive to boost investment.
Ramaphosa is attending the forum with the Minister of Finance, Tito Mboweni, and the Minister of International Relations, Lindiwe Sisulu.
The President has the tough task of convincing potential investors that South Africa is changing course.
Listen to the interview in the audio below (and scroll down for quotes from it).
It [assuring the WEF that the Sarb will remain independent] has been much easier this year than previously…— Lesetja Kganyago, Sarb
South Africa has started a process of renewal that lays the basis for faster economic growth… Structural reforms… is going to unlock growth…— Lesetja Kganyago, Sarb
The world got used to the era of cheap money… not a permanent feature… emerging markets must build a buffer…— Lesetja Kganyago, Sarb
The global economy has slowed down… China has slowed to the lowest growth since 1990…— Lesetja Kganyago, Sarb
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