South Africa open for investment: Ramaphosa

South Africa open for investment: Ramaphosa

The development of social distance between elected leaders and the electorate has damaged the bond between the ANC and the people, Ramaphosa noted. Zuma was booed upon his arrival at Saturday's event. Other people in the stadium ullulated and clapped when Mantashe acknowledged the presence of newly elected Kenyan President Uhuru Kenyatta.

Only party President Cyril Ramaphosa‚ his top six leaders and ANC Eastern Cape chairman Oscar Mabuyane were allowed into the palatial home located along the N2 near Mthatha.

South Africa wants to attract foreign investors to help it kick-start economic growth and eradicate poverty and will crack down on corruption, the new leader of the ruling African National Congress said on Saturday.

ANC President Cyril Ramaphosa has laid down the law against state capture‚ using his inaugural January 8 address to party supporters to lambast the phenomenon that put the Gupta family and President Jacob Zuma's family at the centre of widespread corruption in the state.

The NEC members said that it would also be hard for Ramaphosa to retain members of cabinet such as Mahlobo, who has insisted on implementing a nuclear programme which is not affordable to the country.

Mabuyane said the ANC should be renewed as a party and that it should be rooted among its people.

South Africa open for investment: Ramaphosa
South Africa open for investment: Ramaphosa

Since his appointment to the portfolio late past year, Mahlobo has made it crystal clear that he intends on pushing ahead with the controversial and expensive nuclear energy deal.

"We need also to act with urgency and objective to restore state-owned enterprises (SOEs) as drivers of economic growth and development".

The ANC will take every step and measure to implement every resolution passed at the party's 54th conference in December past year, he said.

He called on the ANC to prioritise resolving matters causing divisions in the alliance.

This includes expropriating land without compensation, free education, nationalisation of the reserve bank and the party's fight against corruption.

The idea is that Dlamini-Zuma serve as Acting President until the outcome of the general elections due to take place in the second quarter of 2019.

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