https://www.engineeringnews.co.za
Africa
Africa
africa

No land grabs in SA, your investments are safe – Ramaphosa tells German counterpart

President Cyril Ramaphosa

President Cyril Ramaphosa

20th November 2018

By: News24Wire

  

Font size: - +

President Cyril Ramaphosa said at a media briefing on Tuesday morning in Cape Town with German President Frank-Walter Steinmeier that there will be no land grabs in South Africa and that foreign investments in the country are safe.

“Investors should have no fear that their land or investment will be taken,” he said. 

The visit by Steinmeier to South Africa, the first by a German president in 20 years, follows a meeting between Ramaphosa and German Chancellor Angela Merkel on the margins of the G20 Africa Summit in Berlin. 

Echoing the remarks he made during a recent visit to the European Union, Ramaphosa said South Africa was dealing with problems like the unequal distribution of land through a structured process. 

“In the land reform process we must ensure property rights for all but also unlock use of land to grow our economy in an inclusive way,” he said. 

Speaking of the ongoing judicial commission of inquiry into State capture, Ramaphosa said that while he would not yet offer a view on the work of the commission as it is still underway, it was bringing “to the fore the truth of what happened in the past”. 

“The international community wants to see if the state capture commission is going well,” he said. “The State capture commission is almost a cleansing process of all the bad things that happened in our country."

Edited by News24Wire

Comments

Showroom

SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.076 0.127s - 163pq - 2rq
Subscribe Now