President Cyril Ramaphosa Welcomes U.S. Investment: A New Journey for South Africa

During his first official visit to meet with U.S. business leaders, President Cyril Ramaphosa emphasized South Africa’s renewed commitment to fostering a strong investment climate.
Addressing concerns that some companies may have previously held about the country’s economic trajectory, Ramaphosa confidently declared that South Africa has embarked on a “new journey” of growth and opportunity.
#UNGA79 | His Excellency President @CyrilRamaphosa met with South African born American entrepreneur @ElonMusk, founder of Tesla and SpaceX.
The discussion explored opportunities for Elon Musk to invest in South Africa. The President is on an investment drive on the sidelines… pic.twitter.com/xoLWQAHXBX
— The Presidency 🇿🇦 (@PresidencyZA) September 24, 2024
The meeting, which included notable U.S. businesses and tech entrepreneur Elon Musk, aimed to strengthen international investment ties and signal a fresh, promising future for the South African economy.
“We mean a good market for investments to a number of U.S. companies, and over time, some of them may well have had their doubts about the trajectory that we were pursuing. But today, with my very first visit here, we are saying South Africa has embarked on a new journey – it’s… pic.twitter.com/gX672Ra4n9
— News Live SA (@newslivesa) September 24, 2024