Wednesday, June 29, 2022
Green Reporter
  • Home
  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation
No Result
View All Result
  • Home
  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation
No Result
View All Result
Green Reporter
No Result
View All Result
Home Investment

Ramaphosa’s investment envoys dismayed over riots in KZN, Gauteng

GrR by GrR
August 5, 2021
in Investment
0
56
SHARES
243
VIEWS
Share on FacebookShare on Twitter


By Jonisayi Maromo Time of article published 12m ago

Share this article:

Pretoria – The financial heavyweights appointed by President Cyril Ramaphosa to head up South Africa’s ambitious investment drive have expressed dismay over the recent spate of riots and looting in KwaZulu-Natal and Gauteng.

Ramaphosa held a virtual meeting on Wednesday with the Presidential Special Envoys on Investment “to discuss the economic environment and measures being taken to improve the investment climate” in South Africa, according to acting Presidency spokesperson Tyrone Seale.

“The envoys expressed their concern regarding the recent violence, destruction and loss of life in KwaZulu-Natal and parts of Gauteng. The envoys stressed the importance of restoring stability and rebuilding investor confidence following these events,” said Seale.

In April 2018, Ramaphosa appointed former finance minister Trevor Manuel, former deputy minister of finance Mcebisi Jonas, executive chairperson of Afropulse Group Phumzile Langeni, chairman of Liberty Group Jacko Maree, as the president’s special envoys on investment.

In 2019, the additional envoys – former justice minister Jeff Radebe, former trade and industry minister Derek Hanekom and late former deputy minister of small business development, trade and industry and tourism Elizabeth Thabethe – were appointed “to promote South Africa as an investment destination, facilitate resolution of administrative hurdles to investment and engage both domestic and foreign investors on the opportunities that exist in the country”.

The investment envoys are Phumzile Langeni, Jeffrey Radebe, Derek Hanekom, Mcebisi Jonas, Trevor Manuel and Jacko Maree.

Seale said the investment champions urged that local government capacity be strengthened, to ensure consistent and reliable service delivery, which is a precondition for investment.

“The envoys welcomed the progress in economic reforms, notably in the energy sector, and emphasised the need for speedy implementation of these reforms and other commitments.

’’In the envoys’ assessment, the increased pace of Covid-19 vaccinations is gratifying and, together with the reforms, lays the basis for increased economic growth and job creation,” said Seale.

“The discussion also highlighted the opportunities presented by the just energy transition backed by global climate finance commitments, as government prepares for the COP26 climate conference.”

Last month, the Gauteng and KwaZulu-Natal provinces witnessed a trail of destruction and looting of shops for several days in violence that started off as protests against former president Jacob Zuma’s imprisonment.

The former president handed himself over to authorities to start serving a 15-month jail term contempt of court as ordered by the Constitutional Court.

This stems from Zuma last November walking out from a sitting of the commission probing state capture during his term in office.

His move was in reaction to commission chair, Deputy Chief Justice Raymond Zondo’s rejection of Zuma’s demand that he recuse himself over his alleged bias. Zuma subsequently defied court orders to return to the commission and testify.

His jailing has angered his supporters, who say Zuma has been politically targeted.

African News Agency (ANA)



Source link

Previous Post

New policy focuses on sustainable water management

Next Post

Facebook let fossil-fuel industry push climate misinformation, report finds | Climate change

GrR

GrR

Green Reporter is a global source for news of sustainability, green industry, green technology, clear energy, sustainable food production, and green investments. Our aim is to deliver the best news and information to you.

Next Post

Facebook let fossil-fuel industry push climate misinformation, report finds | Climate change

  • Trending
  • Comments
  • Latest

Climate change in our backyard: Manitoba begins to grapple with the consequences – Winnipeg

August 10, 2021

Repsol starts marketing debut sustainability-linked bond sale

June 29, 2021

Sustainability Ambitions Soaring at KCI

December 6, 2021

Chris Pratt explains where the White Spikes originated

July 3, 2021
Stop burning our rights! What governments and corporations must do to protect humanity from the climate crisis – World

Stop burning our rights! What governments and corporations must do to protect humanity from the climate crisis – World

Biden said to mull dropping corporate tax hike to fund jobs plan

Biden said to mull dropping corporate tax hike to fund jobs plan

Global investors pressure Asian utilities to cut emissions

Global investors pressure Asian utilities to cut emissions

Global inequity could derail path to net zero

Global inequity could derail path to net zero

Denver aims to help combat climate change with price hike for trash service – CBS Denver

June 29, 2022

Martin to lead Indiana Pork youth engagement

June 29, 2022

Trevali Publishes 2021 Sustainability Report

June 29, 2022

ASEAN F&B industry eyes sustainable market in Korea

June 29, 2022

Recent News

Denver aims to help combat climate change with price hike for trash service – CBS Denver

June 29, 2022

Martin to lead Indiana Pork youth engagement

June 29, 2022

Trevali Publishes 2021 Sustainability Report

June 29, 2022

ASEAN F&B industry eyes sustainable market in Korea

June 29, 2022

Recent News

Denver aims to help combat climate change with price hike for trash service – CBS Denver

June 29, 2022

Martin to lead Indiana Pork youth engagement

June 29, 2022

Trevali Publishes 2021 Sustainability Report

June 29, 2022

Browse by Category

  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation

Follow Us

  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise

© 2021 Copyright Green Reporter

No Result
View All Result
  • Home
  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation

© 2021 Copyright Green Reporter