DEPUTY PRESIDENT TO LEAD SOUTH AFRICAN TEAM TO WEF IN DAVOS

Deputy President Cyril Ramaphosa will lead the South African delegation to the World Economic Forum (WEF) annual meeting beginning in the Swiss alpine resort of Davos on Tuesday.

The WEF's annual meetings bring together world leaders from business, government, international organizations, academia and civil society to discuss the global economy and other issues, the Presidency said in a statement here over the weekend.

This year, more than 2,700 leaders in the public and private sectors will meet from Tuesday to Friday under the theme, Responsive and Responsible Leadership.

WEF Davos 2017 takes place in a challenging global environment for both governments and business in which global events in 2016 have highlighted that the more complex a system the greater a community's concern about its future, the presidency said.

South Africa would once again use the opportunity to market the country as being open for business and partnerships for development in various sessions and interactions with global business.

Team South Africa includes ministers, a large business delegation, and representatives of labour, taking forward the spirit of co-operation to promote inclusive growth.

Ramaphosa will be accompanied by Finance Minister Pravin Gordhan; Minister in the Presidency for Planning, Monitoring, and Evaluation Jeff Radebe; Trade and Industry Minister Rob Davies; Economic Development Minister Ebrahim Patel; Water and Sanitation Minister Nomvula Mokonyane, and KwaZulu-Natal Province Exco member for Economic Development, Tourism, and Environmental Affairs Sihle Zikalala.

South Africa will host the WEF Africa meeting in Durban in May this year, the presidency said.

Source: NAM NEWS NETWORK