WEF hosts business, cabinet meeting over investment drive
About 60 local and international businesspeople will meet cabinet members in Johannesburg on Thursday under the auspices of the World Economic Forum (WEF) to boost President Cyril Ramaphosa’s investment drive. The roundtable meeting between senior government members and business was unusual for the WEF, said head of business engagement Olivier Schwab, but it could become a more frequent style of event. The forum usually focused on its main forum in Davos and its regional forums, but the roundtable was very much in line with the forum’s broad strategy, he said. "We also want to leverage the opportunity for much more intimate, high-level meetings, particularly when there is a change of government."
This was somewhat the case in SA, with a broadly new administration keen to share its views, seek connections and showcase new ideas, he said. The attendees are about evenly split between businesspeople from SA, the rest of Africa and abroad, including senior representatives from comp...