Ramaphosa appoints envoys to strengthen investment drive
President Cyril Ramaphosa has appointed three additional members to special envoys aimed at promoting the country’s investment drive.
Former cabinet ministers Jeff Radebe and Derek Hanekom, as well as Elizabeth Thabethe, have been appointed as special envoys targeting specific areas of the country’s investment drive.
Radebe will promote investments in the energy sector, while Hanekom and Thabethe will be responsible for mobilisation in the tourism sector.
Former Gauteng MEC for Economic Development Kgosientso Ramokgopa has be redeployed as the head of the Investment and Infrastructure Office in the Presidency.
“The office will be responsible for developing the country’s investment strategy, refining the institutional infrastructure for investment mobilisation, and establishing an investment intelligence capability,” the Presidency said in a statement on Monday.
South Africa’s second investment conference will take place from Tuesday until Thursday in Sandton.