Davos: SA to renew investor confidence
Several ministers are in Davos to convince investors that SA is a safe place to do business.
DAVOS - Finance Minister Pravin Gordhan, Economic Development Minister Ebrahim Patel and Trade and Industry Minster Rob Davies are due to arrive in Davos soon to lead South Africa's team at the World Economic Forum.
The meeting is expected to see vital discussions about the world's economy and how to fight unemployment.
This is an important moment for our economy as several ministers are there to convince investors that South Africa is a safe place to do business.
But they will face questions about strikes in the mining sector and about policy stability.
This is after Gordhan on Monday warned of dire consequences for the economy if the Association of Mineworkers and Construction Union strike went ahead.
The union is preparing for hundreds of thousands of its workers to down tools from Thursday.