The trade and investment mission to Ghana is a continued effort to consolidate bilateral relations between the two African countries on political and economic levels, says the South African High Commissioner to Ghana, Lulama Xingwana.
“The importance of Ghana to South Africa as an anchor partner country within the West Africa region is in a way being recognized and affirmed by the continuous presence of South African delegations in the country,” says Xingwana.
“We also salute the pioneering South African companies that have expanded their businesses to Ghana and contributed more than US$170 million in capital investment. These include Stanbic, Group Five, MTN, Multichoice, Shoprite, Game, Edcon, Trellidor, Bigen Africa, WBHO, Mr Price, Old Mutual and Broll, to name just a few.”
Xingwana addressed an investment seminar, hosted by the Department of Trade and Industry and was attended by South African business people and their Ghanaian counterparts.
She says relations between the two countries was historic and it demonstrated a collective resolve to alter under-development and set the two countries on a historic path to economic partnership based on solid bilateral trade.
“The mission was not only an affirmation of our warm and strong bond, but equally a demonstration of an evolving economic partnership between the two countries,” she says.
“South Africa’s attitude towards the rest of Africa was that of being a development partner and the net effect of trade and investment was economic development and poverty alleviation that fundamentally contribute towards realizing intra-Africa trade,” says Xingwana.
“The active economic roles that the two countries play in their respective regions, in a way contribute to the collective lifting of economies of the immediate neighbors thereby consolidating the agenda of regional integration.”