WEF2107: Ramaphosa enthused by dialogue between business, labour, govt

Speaking in Davos, Ramaphosa says there's been a proper dialogue on several fronts, including youth unemployment, investment and the national minimum wage.

South Africa's Deputy President Cyril Ramaphosa talks to potential investors at a Brand South Africa briefing at the World Economic Forum in Switerland. Picture: Reinart Toerien/EWN

SWITZERLAND – Deputy President Cyril Ramaphosa says he is been able to be more optimistic at the World Economic Forum this year because business labour and government have reached agreements on key issues in the economy.

He says there is been a proper dialogue on several fronts including youth unemployment, investment and a national minimum wage.

Earlier this week Ramaphosa said he believed our economy would be in a better position in 2017 than it was last year.

The deputy president says last year saw all the major role players reaching agreement on difficult issues, including a minimum wage.

“All those deals, all those platforms that we have created have been really good to solidify our resolve as collaborators – business labour, government, communities – in moving South Africa forward.”

He says that the optimism and unity he has seen among business leaders is heart-warming and proof that dialogue can solve our problems.

WATCH: Ramaphosa: 'Less turbulence, but lower growth' for SA's economy in 2017

For more news, analysis and insights on Davos 2017 go to EWN’s WEF portal in partnership with Ashburton Investments.

(Edited by Masechaba Sefularo)