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President Cyril Ramaphosa Obtains R464 Billion in Foreign Investments for SA.

In just three short months, President Cyril Ramaphosa has secured over R450 billion in foreign investments for South Africa. The past few months, Ramaphosa has been meeting with several international superpowers from Saudi Arabia to China in an attempt to raise funds for South Africa.

At the start of his Presidency, Ramaphosa promised to raise $100 billion in foreign investments for the country. His current R464 billion equates to roughly $34 billion, which means he is already one third of the way to his quota.

 

By: Mikayla Tetreault, Staff Writer