×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Ramaphosa is 'last hope' for South Africa, Chinese diplomat says

Cyril Ramaphosa speaks after taking the oath of office at his inauguration as South African president at Loftus Versfeld stadium in Pretoria, South Africa May 25, 2019. [Reuters]

South African President Cyril Ramaphosa is the “last hope” for Africa’s most advanced economy, but his government must turn incentive policies into laws to secure more Chinese investment, a senior Chinese diplomat told Reuters.
China is South Africa’s largest trading partner and has pledged more investment than any other country since Ramaphosa embarked on a drive last year to attract $100 billion of new investment to lift the economy out of a slump.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in