SA Coat of Arms 4.jpg

 

The Presidency, Pretoria, Media Statement, 4 February 2016

 

 

President Zuma to Meet Business to Review WEF (Davos)

 

and Further Discuss Economic Climate

 

 

President Jacob Zuma will on Tuesday, 09 February 2016, host a meeting with
the Chief Executive Officers or CEOs of top companies in Cape Town for a
World Economic Forum/Davos review and to promote a more conducive investor
climate in South Africa.

 

The President met the CEOs in Pretoria on 15 January 2016 ahead of the World
Economic Forum (WEF) Annual Meeting and also met with them in Davos,
Switzerland. It was agreed that there should be a follow up meeting in South
Africa to reflect on the WEF meeting and lessons learned for the South
African economy during the current negative economic climate and slow
growth.

 

Government also wants to use the opportunity to share with business the new
InvestSA One Stop Shop Approach, which is designed to make South Africa more
investor friendly. The Department of Trade and Industry is to establish One
Stop Shops throughout the country to promote the ease of doing business.

 

Inter-Ministerial Committee on Investment Promotion

 

President Zuma recently established an Inter-Ministerial Committee on
Investment Promotion to further improve the investor climate and support.

 

The IMC, which chaired by the President, assisted by the Minister of Trade
and Industry, focuses on the following tasks:

 

1.   Overall coordination, alignment and policy coherence on economic policy
and regulatory framework, thereby providing clarity and certainty to
investors.

 

2.   Improvement in South Africa's investment climate in particular the ease
of doing business and competitiveness of South Africa.

 

3.   Coordination and roll out of the One Stop Shop Service across all
levels in government. The One Stop Service will fast track, unblock and
reduce red tape in government. All departments in the three spheres of
Government need to commit to a continuous improvement and a service delivery
ethos.

 

4.   Overall coordination and alignment in terms of South Africa's
marketing, communication, and media in terms of our messaging of South
Africa as an investment destination both locally and abroad.

 

5.   Scaling up private sector investment, higher impact Industrial Policy
Action Plan, support for the black industrialist programme, SME development
and the Township Economy.

 

6.   Identification, packaging and implementing investment projects in terms
of the national interest and economic development.

 

7.   Regional integration and industrialisation of the African Continent.

 

8.   Promoting cooperation and partnerships between government and the
private sector.

 

9.   Coordinate inputs into the task teams of the Presidential Big Business
Working Group and the new BBBEEE Commission.

 

 

Issued by:

The Presidency, Pretoria

 

Enquiries:

Bongani Majola on 082 339 1993 or [email protected]

www.thepresidency.gov.za

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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