Ramaphosa: Nothing will disrupt SA’s stability as a democracy
Deputy President Cyril Ramaphosa says the country’s stability is not under threat.
KIGALI - Deputy President Cyril Ramaphosa says nothing is going to happen that will disrupt South Africa's stability as a democracy because the institutions supporting its democracy are robust.
He's been taking questions about policy certainty and business regulation at the World Economic Forum Africa meeting in Rwanda.
Ramaphosa says the country's stability is not under threat.
"Our South African institutions are robust, they're strong and durable sic."
He says nothing can shake its stability.
"The South African democracy is stable, strong and robust and nothing that will disturb that stability is going to happen."
The deputy president also says a new regulatory framework that's currently being developed will be much friendlier for business.
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Ramaphosa says government has heard business's complaints about policy uncertainty and has the political will to make it easier, to start and run firms in South Africa.
He also says worries that the country doesn't have enough power are receding.
The deputy president says government's setting up a one-stop shop for businesses to interact with government.
"It may not come to doing everything in three hours as they do in Rwanda, but certainly, it is going to mean that the regulatory framework in terms of the ease of doing business is going to be made a lot better."
He says the power crisis is nearly over.
"It is still a concern, it is receding and we will soon be having sufficient energy to power the South African economy once again going forward."