By Simon Nare
Deputy President Paul Mashatile has urged business people in the United Kingdom to invest in South Africa and take advantage of the free trade agreement with other African countries.
Mashatile, who was addressing an event hosted by JP Morgan in London on Wednesday, used the African Continental Free Trade Area deal to woo investors to come do business in South Africa.
He said the agreement was a game-changer for the African continent.
“I encourage UK businesspeople to contribute to this development by establishing their presence in South Africa and conducting business with the rest of Africa from our stunning country, often referred to as a ‘gateway to the African market’,” he said.
Mashatile told potential investors that the agreement has created the world’s largest free trade area, connecting 1,3 billion people across 55 countries with a combined gross domestic product value of US$ 3.4 trillion.
He said in a rapidly evolving landscape, collaboration was key to driving innovation, fostering growth and ensuring the sustainable development of the financial industry.
“As we look
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