SA to pitch reform momentum, renewed investment appeal at Davos amid global tension

TEAM South Africa will use the global spotlight of the World Economic Forum (WEF) Annual Meeting in Davos to project a renewed image of economic stability, reform momentum and investment readiness, as a high-level government delegation prepares to attend the gathering.

- SIPHELELE DLUDLA

The delegation will be led by Minister of Finance Enoch Godongwana and includes Minister of International Relations and Cooperation Ronald Lamola, Minister of Electricity and Energy Dr Kgosientsho Ramokgopa, Minister of Tourism Patricia de Lille, and Minister of Small Business Development Stella Tembisa Ndabeni.

Their participation comes as the WEF convenes under the theme “A Spirit of Dialogue”, reflecting growing global concern over geopolitical fragmentation, economic volatility and weakening multilateral cooperation.

The government on Friday said South Africa’s engagement in Davos is aimed at positioning the country as a credible and attractive investment destination, underpinned by improving macroeconomic fundamentals and progress on longstanding structural reforms.

Recent developments to be highlighted include the stabilisation of electricity supply following years of load shedding, South Africa’s removal from the Financial Action Task Force (FATF) greylist, and an upgrade of the country’s sovereign credit rating by ratings agency S&P Global.

The delegation will emphasise progress across several key reform areas, including energy, logistics, water infrastructure, digital communications and support for small businesses.