Motlanthe meets investors in UK

2010-09-17 12:32

Pretoria - Deputy President Kgalema Motlanthe concluded his two-day visit to the United Kingdom on Thursday, the presidency said.

"We met a number of investors, analysts and business representatives here in London and managed to put our position on a number of issues quite clearly," a statement said.

He used the trip to attract UK businesses to invest in South Africa, particularly in the troubled mining sector.

"Where there may have been concerns about certain issues surrounding the mining industry in our country, we managed to address these and are leaving with a sense that there is no trepidation about continued investment in mining," he said.

Motlanthe told business leaders that mining continued to be the backbone of the South African economy and that opportunities for mutual partnerships were "almost limitless".

This came amid fierce debate about the nationalisation of mines.

Motlanthe was accompanied by Finance Minister Pravin Gordhan, Mineral Resources Minister Susan Shabangu and International Relations Deputy Minister Ebrahim Ebrahim.