Eric Martin and Roxanne Henderson, Bloomberg
Absa Chief Executive Officer Maria Ramos is betting that South African President Cyril Ramaphosa is on the right track with rebuilding the continent’s most-industrialised economy.
Almost a year since taking over from his corruption-tainted predecessor, Ramaphosa started commissions of inquiry to determine how graft became so entrenched and to prevent it in future.
He also set in motion plans to reinvigorate economic growth through an investment conference that raised billions in pledges and a jobs summit that pulled together the government, businesses and labour on ways of creating work.
“The things he committed to, he and his cabinet have delivered on,” Ramos, who was part of drawing up South Africa’s constitution with Ramaphosa before the end of segregated rule in 1994, said in an interview on Friday on the sidelines of the World Economic Forum in Davos. “That’s what I expected of him and
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