JOHANNESBURG - Minister of Electricity Kgosientsho Ramokgopa says the governing African National Congress (ANC) is expected to use its January 8 birthday celebrations on Saturday to woo back investors amid concerns of policy uncertainty.
Ramokgopa made the comments ahead of the annual World Economic Forum (WEF), where team South Africa joined global leaders to discuss matters of global importance.
These included global cooperation, economic affairs and climate change, among others.
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There are, however, concerns that policy uncertainty and political instability in South Africa could dissuade investors, impacting much-needed foreign direct investment.
Ramokgopa said government and ANC policies were aligned to address the countrys energy and logistics challenges.
What will the party say when they go to the January 8 statement this year? In true tradition, they are going to give you a balance sheet, essentially an account of how far we have come in relation to commitments we have made in the previous January 8 statements.
