Riyaz Patel
President Cyril Ramaphosa has told Japanese executives that “entrepreneurial” South Africa is open for business, outlining various initiatives government has undertaken to assure protection and success for trade and investment partners.
Addressing a round-table forum at Nissan Corporation’s headquarters in Yokohama, Ramaphosa said Japan is one of South Africa’s most important partners, and that Pretoria is the gateway to the rest of Africa.
He pointed out that Nissan’s history in SA stretches back to the 60s and continues to this day, most notably with the company’s recent R3 billion investment in the production of the new Navara model at its Rosslyn Plant in Pretoria for the Africa and Middle Eastern markets.
Ramaphosa said South African firms are ideally positioned to assist new and established investors in Africa made possible by decades of experience working on the continent.
“As the most diversified economy on the continent, South Africa has
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