Ramaphosa slams policy uncertainty, praises African Free Trade area at investment forum

There is an urgent need to resolve problems that keep investors away from Africa, and address governance challenges such as policy uncertainty and corruption, President Cyril Ramaphosa said on Thursday. 

“As African leaders, we must demonstrate a firm commitment to act against corruption, both within public institutions and the private sector. We must deal with burdensome red tape, provide policy and regulatory certainty, and strengthen our financial institutions,” he said. 

He was addressing delegates at the opening plenary of the African Development Bank’s Africa Investment Forum at the Sandton Convention Centre. 

Delegates at the three-day investment forum include 20 heads of foreign states and several CEOs of top companies. It is aiming to attract investors, and…

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