Ramaphosa spoke on Tuesday at the opening of the 11th session of the Nigeria-South Africa Bi-National Commission (BNC) in Cape Town, which President Bola Tinubu attended.
"Our efforts to create a favourable environment include our simplified visa process for Nigerian business people to travel to South Africa. Qualifying Nigerian business people can be granted a five-year multiple entry visa," he said.
He also pledged South Africa's commitment to removing constraints on greater investment and addressing the challenges faced by companies in both countries.
"As we mark 30 years since the establishment of diplomatic relations, we see a bright future for our relationship. Our strong bonds of friendship provide a firm foundation for more meaningful economic cooperation.
"Nigeria is host to a number of South African companies. South Africa has always been open to Nigerian business, reflected in the number of investments and operations established in this country.
"But there is much more we need to do. We need to remove the remaining constraints to greater investment, just as we need to address some of the challenges that companies have experienced.
President Ramaphosa acknowledged the Nigerian government's reforms to further strengthen and foster a business environment that offers assurances to investors, including from South Africa.
"Our government continues with its efforts to improve the ease of doing business in South Africa. We want to enable investors to operate, trade and pursue opportunities in various sectors.
"We look forward to seeing more Nigerian companies investing in South Africa," he said.
The South African leader said Africa's development and the challenges facing countries of the Global South would be firmly placed on the G20 agenda.
"It will be the first time the G20 Leaders' Summit will be held on African soil. We will seek to galvanise support for the AU's Agenda 2063 as we pursue an inclusive global agenda.
"For South Africa, it is our view that in shaping global discourse, programs should be tailored to ensure that in our societies, no one is left behind," he said.
Good News...
ReplyDeleteThis is really great news. I guess it's one of the reasons Pressdent Tinubu went to visit. It's good. I hope they address the xenophobia Nigerians have had to suffer in recent times as well. That has not been funny at all. We used to have such a cordial relationship before . . .
ReplyDeleteI'm glad they've reduced the restrictions. South Africa used to be a top tourist destination for Nigerians. Now, it might become the case again. I pray my fellow Nigerians don't go messing it up again. We are sometimes quick to abuse opportunities and privileges. This time around, I hope that is not the case.
Well done, President Ramaphosa. Well done, Pressdent Tinubu
Rhod3s
Ease the burden of business in Nigeria and have positive changes to, when we have a friendly business environment, it will attract many countries not only South Africa.
ReplyDeleteNice one. 👍
ReplyDeleteIt a good one. They know there more advantage for them. We pray it doesn''t go south with their racist card
ReplyDeleteIf you love your life, stay out of SA. Another opportunity came again for free expense trip to SA! I declined again!!! There are countries that are on my list, that I would never visit for free across Africa or globally!!!
ReplyDeleteGood one from President Tinubu, we should also make Nigeria conducive for tourist attractions...
ReplyDeleteNice one 👍
ReplyDelete