Event date: 28 August 2018
On the occasion of the UK Prime Minister’s Cape Town visit, Chamber members were invited to hear the PM’s speech and to participate in a South Africa-UK Business Forum.
The Prime Minister was accompanied on her visit by 29 UK businesses. The forum offered members the opportunity to network with these firms, and with a select group of invited South African business people. The PM’s speech addressed the future of the UK-Africa relationship as she sees it:
As Prime Minister of a trading nation whose success depends on global markets, I want to see strong African economies that British companies can do business with in a free and fair fashion. Whether through creating new customers for British exporters or opportunities for British investors, our integrated global economy means healthy African economies are good news for British people as well as African people.
She also made the following important announcements:
by 2022, I want the UK to be the G7’s number one investor in Africa, with Britain’s private sector companies taking the lead in investing the billions that will see African economies growing by trillions.
I can today announce an additional £4 billion programme of UK investment in African economies that will pave the way for at least another £4 billion of private sector financing
The Prime Minister was in Cape Town as part of a three nation African visit programme which included stops in Nigeria and Kenya.
Several of our Chamber members were in the spotlight at the event. Jaguar Land Rover and Turner & Townsend were each presented with Board of Trade Awards. Other members such as BP Chairperson Thandi Orleyn featured on panel discussions. Board member Cheryl Buss of ABSA spoke eloquently about the British Chamber offering to a very receptive audience. The Forum was hosted by Chamber member the Department of International Trade at FNB’s stunning Portside building.