7South Africa-Tanzania Business Forum

Photo: His Excellency President Cyril Ramaphosa 

Photo Credit: Dirco/GCIS

16 March 2023

Their Excellencies President Cyril Ramaphosa and President Samia Suluhu Hassan also attended and addressed the South Africa-Tanzania Business Forum at the CSIR Convention Centre in Tshwane where discussions on the various potential opportunities for economic cooperation between the two countries.

In his address, President Ramaphosa reflected on the firm and enduring ties between South Africa🇿🇦 and Tanzania🇹🇿. He said “This partnership is founded on a friendship that stretches back many decades, when the people of Tanzania stood alongside the people of South Africa in our struggle to end apartheid and establish a democratic society.”.

Photo: Her Excellency President Samia Suluhu Hassan of Tanzania

The two countries established the Bi-National Commission in 2011, and through that platform, bilateral trade and investment between the two countries has continued to grow.

The President further highlighted the investments by South African companies between 1997 and 2022, in a total of 250 projects valued at US$ 1 billion, which have created more than 18,000 jobs in Tanzania: “The projects cover sectors like agriculture, construction and real estate, telecommunications, financial services, transportation, manufacturing, mining and petroleum, tourism, energy infrastructure, services and broadcasting”.

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#TanzaniaInSA 🇹🇿🇿🇦

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