ECONOMY
President Cyril Ramaphosa has reinforced the importance of intra-African trade and investment to government’s unfolding industrialisation strategy, announcing on Wednesday that South Africa will prioritise trade liberalisation across the continent when assuming the role of African Union (AU) chair in 2020. In his response to the debate on the State of the Nation Address (SoNA), the President said expanded trade and investment with the rest of Africa underpinned South Africa’s industrial strategy and would be pursued with vigour.
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