London Stock Exchange celebrates South Africa Investment Engagement Day

London Stock Exchange celebrates South Africa Investment Engagement Day

Representing the Government of National Unity (GNU), Deputy President Paul Mashatile opened the markets in London today to mark Investment Engagement Day, hosted at London Stock Exchange. The Deputy President is on a working visit in the United Kingdom to meet with stakeholders from government and particularly the private sector with the objective of engaging on investment opportunities in South Africa, as well as to strengthen public-private partnerships.

His Excellency Paul Mashatile, Deputy President, Republic of South Africa said:"As a testament to the 7th Administration's promising start and the commitment of various political parties within the Government of National Unity, we have agreed to develop a common programme to create a better, more equal, and more just South Africa. Creating an inclusive future requires teamwork, resolution, determination, compromise, and dedication. South Africans must be unified by a single goal and concentrate their energies on establishing a future that benefits everyone".

Business and Trade Secretary Jonathan Reynolds said:"The UK is proud to be the largest international investor in South Africa with total investment of more than £21 billion and counting.

"While trade between our two nations is strong, we want to unlock more capital for British and South African businesses - that's why we're throwing our full support behind the work of the London Stock Exchange."

Commenting on the occasion, David Schwimmer, CEO, LSEG, said:"We are delighted to welcome His Excellency Paul Mashatile to open the markets in London today alongside the Right Honourable Jonathan Reynolds MP. South Africa is home to a vibrant financial market, and LSEG has had partnerships in the country for over a century. Today's event marks LSEG's support for South Africa's ambitions to enable capital raising for companies; finance a just and sustainable transition to a net zero future; and bring greater transparency and integrity to the financial system. We look forward to continuing our partnerships to support further economic growth in the country."

South Africa is a leading investment destination, offering a dynamic and inviting environment. Recognized as a multicultural, advanced emerging economy, it serves as a key investment location and gateway to Africa. Rich in natural resources and with exceptional infrastructure, South Africa focuses on green technologies and sustainable job creation. The financial, legal, and telecommunications sectors are highly developed.

Political and macroeconomic stability, and extensive training and skills legislation make South Africa one of the top global trade and investment destinations. Investment incentives and supportive trade rules, designed to foster growth and innovation, enhance its appeal. South Africa is dynamic, inviting, and strategically located for global trade and investment. Young entrepreneurs in South Africa are capturing global attention, and the startup ecosystem is thriving and vibrant.

Durban's ports highlight South Africa's global trade role. The financial district in Johannesburg exudes confidence, with sleek buildings and a buzzing JSE. Precision and expertise are reflected in the automotive industry. Cape Town's Table Mountain anchors the thriving tech startup scene. Entrepreneurs' conversations blend with the wind and waves of the Atlantic.

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