South Africa’s Ramaphosa set to arrive in Uganda today for a two-day working visit
President Cyril Ramaphosa of the Republic of South Africa is expected to arrive in Uganda today for a two-day working visit. The goal of the visit is to further develop the strong bilateral ties that already exist between the Republic of South Africa and the Republic of Uganda.
President Museveni traveled to South Africa in February of last year, where his talks centered mostly on investments and the stability of the Democratic Republic of the Congo.
Presidents Ramaphosa and Museveni also attended the Uganda-South Africa Trade, Tourism, and Investment Summit during that period.
Ministers, heads of government agencies and departments, legislators, and representatives of the business community were present. The Private Sector Foundation Uganda (PSFU), in collaboration with the Ministries of Foreign Affairs, Trade and Cooperatives, Privatization and Investment, was responsible for organizing the event.
The purpose of the summit was to give the private sector, businesses, and companies a platform to develop new markets, find ways to make doing business easier, and recognize current and upcoming business and investment opportunities in South Africa and Uganda.
Not as much progress as anticipated has been made in trade and investments since President Museveni’s visit to South Africa.
On the other hand, the amount of trade between the two nations has kept declining. The South African President says that there are now only 35 South African companies, down from 70.
The two countries’ trade volume is currently US$130 million, but in five years, the leaders of the two want it to increase fourfold.
President Ramaphosa will travel to the Republic of South Sudan from Kampala. The visit, which is scheduled for April 16–18, 2024, has the goal of enhancing the two countries’ current bilateral ties. The visit, which is scheduled for April 16–18, 2024, has the goal of enhancing the two countries’ current bilateral ties.
South Africa is also the Chair of the African Union High-Level Ad-hoc Committee for South Sudan (also known as C5), which has been mandated by the African Union to support South Sudan in its transitional process.
