President Cyril Ramaphosa says SA is being "recalibrated in many ways" to be attractive to local and international investors in a bid to stimulate economic growth and job creation. Ramaphosa made the remarks during his address to a breakfast meeting with SA business leaders on Sunday in the Chinese capital city of Beijing‚ during a state visit hosted by Chinese President Xi Jinping. Xi was in SA in June on a similar visit ahead of the recent Brazil‚ Russia‚ India‚ China and SA (Brics) summit. Ramaphosa said ahead of the two-day Forum on China-Africa Co-operation summit that the government needed to provide not just "policy certainty but policy consistency" to investors to attract much-needed foreign direct investment. "We’re recalibrating in many ways‚ we’re sharpening our messages to enhance investment to come our way‚" said Ramaphosa. 'Policy certainty' "One of the key issues that faced us was the issue of policy certainty which many possible investors wanted clarity on. "We’re wo...
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