JOHANNESBURG: Addressing a gathering of professional and academics in Johannesburg, Ramaphosa described the invitation as a sign of renewed confidence in the country.
President Cyril Ramaphosa on Thursday said South Africa has been invited to attend the upcoming G7 summit in Canada, after a seven-year absence in the economic forum of some of the most powerful nations in the world.
“Very soon we will be travelling to the G7 in Canada. We have been invited after a seven-year lull. They said to us, come and talk about South Africa,” said Ramaphosa.
“We have decided that we are going where the money is, we are going there to drive investment,” he stressed.
The G7 consists of Canada, France, Germany, Italy, United Kingdom and the US. The summit, which is attended by heads of state and investors, will be held on June 8 to 9 and a few guest countries are usually invited to attend.
Ramaphosa said South Africa would use the opportunity in particular to invite investors to inject capital into the ailing mining sector.