Zuma woos Dubai businessmen

Cape Town – South Africa has put in place laws and policies to help businesses thrive in the country, President Jacob Zuma told the United Arab Emirates business community on his official visit to the Gulf state.

South Africa is open for business – thriving business, he told the business community in a prepared speech on Monday.

“I can assure you that our government will do everything humanely possible to help your businesses thrive in South Africa.”

Zuma’s visit to UAE follows a weekend stint in Saudi Arabia where he cemented business and political ties with the Saudi kingdom.

He told the members of the UAE business community South Africa last year outlined nine immediate priority areas to stimulate economic growth.

Among these is the expanded beneficiation of the country’s minerals and the development of the ocean economy, “something in which the UAE has registered significant progress”.

“We therefore invite you to invest in our Operation Phakisa, and partner us as we turn our vast sea waters into an engine of growth.”