Daily Archives: May 3, 2018

SA, Japan to fast-track economic growth

The Japan-Africa Public-Private Economic Forum is expected to accelerate the promotion of private sector led economic growth by encouraging networking among African and Japanese companies.

President Cyril Ramaphosa will this evening deliver the keynote address at the forum, currently underway in Sandton, Johannesburg.

The forum, hosted by South Africa, is organised by the government of Japan and the Japan External Trade Organization (JETRO).

The forum, which is attended by business executives and representatives of government from African countries and Japan, further seeks to assist and strengthen investment between Japan and Africa within the public and private sectors.

Plenary and thematic sessions tackling key issues in Africa's development will form the core program of the forum. It will be accompanied by several side events including business networking.

In addition, the Japan Fair will showcase Japanese products and other events, including special sessions focusing on specific themes such as investment promotion and technology transfer and entrepreneurship.

In South Africa, Japan remains a major trading partner, with more than 140 companies active in the country and over 150 000 jobs created.

The South African government is committed to initiating measures towards economic recovery and creating employment opportunities.

Source: South African Government News Agency