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South African R100 notes.
President Cyril Ramaphosa has appointed business leader, Dr Alistair Ruiters as Special Advisor for Investment Promotion.
Dr Ruiters is a former Director-General at the Department of Trade and Industry.
His appointment comes as government implements a broad range of economic reforms aimed at making South Africa more attractive for investors.
Presidential Spokesperson Vincent Magwenya says: “Dr Ruiters will advise President Ramaphosa on South Africa’s continuing investment drive which is a principal component of the seventh administration’s focus on inclusive economic growth and job creation.”
“Government is implementing a broad range of economic reforms aimed at rendering South Africa more attractive and rewarding for domestic and international investors; advancing greater diversification of the economy and broadening South Africa’s integration into continental and global supply chains,” adds Magwenya.
Dr Ruiters is a also former commissioner of the Competition Commission.
