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President Cyril Ramaphosa wrapping up his participation at the World Economic Forum in Davos, Switzerland
South Africa has had the opportunity to brief world leaders at the World Economic Forum (WEF) in Davos, Switzerland about the country’s G20 presidency.
President Cyril Ramaphosa was briefing the media after he wrapped up his participation at the WEF. He says more solidarity is required in the world in order to advance the interests of ordinary people.
Ramaphosa outlines the key points from that briefing. “Our objectives with regards to the theme of the G20 in South Africa in Johannesburg this year and also the priorities that we are going to focus on. We stressed that we are going to be having three themes: solidarity, equality and sustainable development. These are themes that we would like the G20 to add a lot of substance to, in terms of enhancing cooperation in the world and building consensus as we advance the interests of ordinary people.”
‘Successful and productive’
The President has hailed his trip as successful and productive.
Team South Africa didn’t have to answer hard questions on energy generation this time around as the country has been able to address the challenges of electricity supply.
During his interaction with the media, the President outlined the importance of South Africa at this year’s meeting as it comes in a year Johannesburg will be hosting the G20 leaders meeting later this year.
South Africa will then hand over to America as the incoming president of the G20.
Eskom turnaround
President Ramaphosa, who has wrapped up his participation in Davos, says the turnaround of Eskom has increased confidence in the country.
The country has just surpassed 300 days without load shedding. “We’ve been able to stabilise our energy generation as well as transmission and this has led to increased confidence with the business community here because that is the one issue they kept raising with us that, solve the energy problem and then you will see more and more investments flowing into your country.”
