Zuma: Investors heard our message

2015-01-24 12:04
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2015-01-22 09:48

In today's news headlines: President Jacob Zuma speaks at the World Economic Forum, 39 people have been arrested in Soweto for looting and a harbor precint in Sydney goes into lockdown. Watch.WATCH

Johannesburg - President Jacob Zuma on Saturday returned to South Africa following his participation in the World Economic Forum meeting held in Davos, Switzerland.

"The investors heard our message. They understood us very well that where there are challenges, we have plans to remedy the situation," Zuma said in a statement.

"They heard us when we said we want to see a stronger mining sector and a transformed mining sector hence the need to revitalise mining towns and communities."

Zuma said he was upbeat and satisfied with the outcomes of the annual meeting.

"We are happy that South African business was able to echo our message in Davos, making it clear to all that we do talk and work together...we're building our country and will continue to make progress," he said.

Bilateral talks

"We made the point strongly that any wise businessperson would really want to have a presence in South Africa."

Zuma led a seven-minister delegation to Davos where they promoted South Africa as a key destination for foreign direct investment and development partnerships.

He attended interactive sessions with global and South African business executives who expressed interest in sectors like infrastructure development, energy, transport, broadband and mining.

Zuma also held bilateral talks with New Zealand's Prime Minister John Key and Mark Rutte, Prime Minister of the Netherlands. The talks focused on enhancing the existing relations between South Africa and the two countries.

Read more on:    jacob zuma  |  switzerland  |  johannesburg  |  economy

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