South Africa Appoints New Envoys in Drive to Raise $100 Billion
South Africa Appoints New Envoys in Drive to Raise $100 Billion
(Bloomberg) -- South African President Cyril Ramaphosa appointed three new envoys, including two former ministers, to help with his drive to attract $100 billion in new investment.
Former Energy Minister Jeff Radebe has been appointed to drive investment in the oil and gas industry, South Africa’s Presidency said in a statement on Monday. Derek Hanekom, the ex-trade and industry minister, will have a similar remit in the tourism industry, alongside Elizabeth Thabethe, the current deputy tourism minister.
South Africa is scheduled to hold an investment conference in Johannesburg from Nov. 5 to Nov. 7.
Ramaphosa has also established an investment and infrastructure office, to be headed by former Gauteng MEC for Economic Development, Kgosientso Ramokgopa, the presidency said.
To contact the reporter on this story: Alastair Reed in Edinburgh at areed12@bloomberg.net
To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net
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