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    Limpopo subsists as a strategic bustle significant to the Integration of the SADC Community

    Posted On 03 Sep 2021
    By : New Africa Business News, Staff Correspondent
    Comments: 10

    By Abdul Rahman Bangura–

    Photo Credit: SADC

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone- President Ramaphosa of South Africa lets out investing in Limpopo is a strategic motion that breathes importance to the integration of the SADC nations.

    “Our National Infrastructure Plan aims to support the integration of African economies and the development of intra-Africa regional value chains.

    “Investing in Limpopo is therefore very strategic because the province shares borders with three of our neighboring countries – Botswana, Zimbabwe, and Mozambique. This means that the province is positioned as a gateway to a potential market of 300 million people just in the Southern African Development Community region,” the President told.

    September 01st, 2021 addressing the annual Limpopo Investment Conference, that galvanized the private sector, government and industry to attract investments. The conference is portion of the province’s undertaking to thrive household and global investment, and to showcase new venture alternatives for the province. It also comes first and cushions the national South Africa Investment Conference hosted yearly by President Ramaphosa.

    To establish an environment conducive to investment, President Ramaphosa let out, the administration has carried various strides to accomplish security of electricity supply for the entire country.

    “We are undertaking far-reaching structural reforms in the energy, transport and water sectors, all of which are important for the industries with the highest potential for growth in Limpopo,” President Ramaphosa asserted.

    President Ramaphosa told government is toiling to boost the investment climate and curtail the cost of doing business.

    “We are undertaking far-reaching structural reforms in the energy, transport and water sectors, all of which are important for the industries with the highest potential for growth in Limpopo,” President Ramaphosa announced.

    With regards to water resources, President Ramaphosa said government proceeds to make developments in the backtracking time for the issuing of water licenses.

    “One used to wait for up to three years to get a water license, and we are now reducing that quite substantially. We are in the process of establishing a National Water Resource Infrastructure Agency.”

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    About the Author
    New Africa Business News Staff Correspondent
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    10 Comments

    1. Luke September 3, 2021 at 1:25 am Reply

      The annual Limpopo investment conference was a great success. Johannesburg in South Africa. Luke

      • New Africa Business News, Staff Correspondent September 3, 2021 at 1:37 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. John September 3, 2021 at 1:27 am Reply

      Investing together is the solution. Together we own them. Abuja NIGERIA. John

      • New Africa Business News, Staff Correspondent September 3, 2021 at 1:37 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Kevin September 3, 2021 at 1:29 am Reply

      Investment is the future. Great report. Lusaka Zambia. Kevin

      • New Africa Business News, Staff Correspondent September 3, 2021 at 1:37 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Samuel September 3, 2021 at 1:31 am Reply

      Thank you for covering the entire continent. Afrika loves you. Kigali RWANDA. Samuel

      • New Africa Business News, Staff Correspondent September 3, 2021 at 1:36 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Fatima September 3, 2021 at 1:32 am Reply

      Love the newsletters. You are the best. Casablanca Morocco. Fatima

      • New Africa Business News, Staff Correspondent September 3, 2021 at 1:36 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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