Businesses urged to invest in Africa
President Jacob Zuma has encouraged the business community to invest in the African continent to assist in creating jobs and improving the standard of living. Speaking during the 2nd Annual Ubuntu Awards in Cape Town, he said regional efforts and the creation of continental free trade would contribute immensely to Africa’s development.
In his efforts to find solutions on how to grow South Africa’s economy, President Zuma recently met with the business community to discuss what measures could ignite growth and create jobs. He said government will be meeting with labour and other sectors as well, as it responds to the persistent low growth, low commodity prices and other challenges facing developing economies.
He said: “It is our wish as South Africa, to see peace, stability and prosperity flourishing in every corner of our continent.” South Africa is participating in the work of the African Union Peace and Security Council designed to ensure that guns are silenced on the continent by the year 2020.
He said the South African National Defence Force would be deployed wherever it was needed, in order to contribute to peace and stability in the continent.