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Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Significant work is underway to improve efficiencies at our ports. Transnet has put in place mechanisms to enable greater private participation in port management and to attract investment. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
In SONA, we said that the long-awaited digital migration would proceed, and the switch off of analogue transmission towers has begun in a number of provinces after a six year delay. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
I appeal to all stakeholders to speedily resolve the litigation as soon as possible to enable the licensing process to be concluded for the benefit of all South Africans. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Government has noted and welcomes the extension of temporary spectrum assignment by ICASA for a further period. However we would like to see the spectrum allocation finalised without delay. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
All social partners must work together to ensure speedy and successful implementation of the identified economic stimulus measures. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
In the State of the Nation, we undertook to address the issue of spectrum allocation. The legal case that is underway threatens to delay the progress that we have all anticipated. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The Presidency continues to drive the structural reforms that are necessary to overcome bottlenecks that are deterring investment and slowing our progress. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
What we have to ensure now is that these green shoots lead to a sustained acceleration in growth. We are keenly aware, as several members said yesterday, that the pace of structural reform needs to speed up. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
We need to acknowledge that a number of important sectors, such as tourism, are still not fully operational and will take a time to recover. At the same time they are a cause for optimism. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
We have the 2nd highest number of tech start-ups in Africa and also receive the highest number of foreign direct investment projects in software & IT services. South Africa is also still ranked highly as an export destination for global business services. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The first African Tech Ecosystems of the Future index published this year ranked South Africa first on the continent for economic potential, start-up status and business friendliness. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Even preceding the pandemic, we have been positioning ourselves as a growing hub for the digital economy, including technology start-ups. https://t.co/Dlgnae551B — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
According to the Reserve Bank’s Financial Stability Review examples of improved economic activity in this sector are recovering asset prices, the stabilising of bank loan default rates, and that financial institutions remain well capitalised. — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
One of the sectors that has also proven most resilient and fast-growing is the financial services sector. https://t.co/XhXSwyu0cQ — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Exports of commercial vehicles, especially so called heavy commercials like tractors and trucks, are also performing strongly. Mining and manufacturing were also sectors were jobs were created, according to the latest Quarterly Labour Force Survey. https://t.co/XhXSwyu0cQ — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The manufacturing sector is recovering and expanding at a faster pace. Despite the impact of the pandemic on the sector globally, automotive component exports increased last year to a record R54 billion. https://t.co/XhXSwyu0cQ — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Last year, South Africa recorded its second highest agricultural export earnings on record, and is headed for a second bumper year. https://t.co/XhXSwyu0cQ — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
This was aided by a R270 billion trade surplus last year, the fifth in a row and the highest on record. The trade surplus comes from commodity exports, particularly platinum, but also from agricultural exports. — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
A leading company that provides payments processing services for small businesses reports that the turnover captured by point-of-sale devices is increasing to levels last seen in March 2020. For the first time in 18 years, in 2020 we recorded an annual current account surplus. — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
Aided by low interest rates and some income growth, household demand is picking up, with the growth rate on household credit picking up to pre-pandemic levels. — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
An index of take-home salaries in the private sector shows that typical take-home pay increased by 2.2 per cent after inflation in its most recent reading in April. — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
This is being aided by high commodity prices. Our favourable position as a commodity producer should attract capital inflows and boost the fortunes of domestic producers as well as retailers. Salaries are recovering to pre-pandemic levels. — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
The rand is at its best levels since 2019, and is currently outperforming the currencies of our major trading partners. — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
By a number of indicators, economic activity is returning to pre-pandemic levels at an encouraging pace. One such indicator is the performance of our currency. https://t.co/XhXSwyu0cQ — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
According to the South African Reserve Bank’s first Financial Stability Review for this year, released last week, our economy continues to rebound from last year’s recession, albeit at different rates across sectors. https://t.co/XhXSwyu0cQ — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
However, most economists and agencies have adjusted their growth projections for South Africa, including the International Monetary Fund, which has revised upwards from 2.8 per cent to 3.1 per cent for this year. https://t.co/XhXSwyu0cQ — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
We are now seeing signs that the focus of this administration on economic reform – which began before the pandemic – is steadily but surely paying off. As a result of the devastation caused by COVID-19, we are starting from a low base. https://t.co/XhXSwyu0cQ — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
And as COVID-19 continues to spread within our communities and continues to take people’s lives, we cannot yet say that we have extinguished the flames of this pandemic. But what we can say, is that we are now seeing some of the green shoots of recovery. https://t.co/XhXSwyu0cQ — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
In the State of the Nation Address in February, I compared our nation to the fynbos of the Cape, which emerges from the most intense flames even stronger than before. Our country has suffered great devastation. https://t.co/UBP0O9l9Kj — PolitiTweet.org
Cyril Ramaphosa 🇿🇦 @CyrilRamaphosa
It is these challenges that the Presidency is determined to address, both those rooted deep in our past and those that manifest themselves today. https://t.co/UBP0O9l9Kj — PolitiTweet.org
