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AHK Southern Africa Statement on the Cabinet Announcement

04/07/2024

The Southern African-German Chamber of Commerce and Industry (AHK Southern Africa) extends its congratulations to the Honourable President of the Republic of South Africa Cyril Ramaphosa and the newly appointed members of the National Executive for the seventh administration.

The announcement on Sunday, 30 June 2024, marks a significant milestone in South Africa's political landscape. President Ramaphosa's election by the National Assembly on Friday, 14 June 2024, followed by his inauguration on Wednesday, 19 June 2024, has paved the way for a diverse and inclusive Government of National Unity (GNU).

“Looking ahead, a stable and business-friendly government will be instrumental in fostering an environment conducive to sustained investment and economic growth in South Africa, which in turn is key to job creation and combating unemployment,” says Peter van Binsbergen, President of the AHK Southern Africa and CEO of BMW Group South Africa.

Read the full Statement here

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