World Economic Forum



Leaders from around the world are currently gathered in Davos, Switzerland for the annual World Economic Forum (WEF).

About 2,500 world leaders and experts will meet for the first time since Covid for the WEF annual conference.

With that of this year WEF The theme is “History at a turning point”, the focus will be on unforeseen global challenges, including the Covid-19 pandemic, the Russia-Ukraine conflict and climate change.

Human settlements of South Africa minister Mmamoloko Kubayi – as head of the Cabinet’s Economic Cluster – will lead the delegation representing the country at the conference.

The conference usually takes place at the beginning of the year but, due to the current pandemic, the calendar of international events has been affected.

The minister, in an interview with SABC On Monday, he detailed the goals the SA delegation hopes to achieve at the conference.

SA’s message to the WEF

“The message we bring to the WEF in the first place is to reconfirm our approach in terms of implementing our reconstruction and economic recovery. We are affected by the problems of climate change and Covid-19.

“We will also reaffirm our position in terms of law and order in terms of the riots that have occurred, because these are some of the concerns of our investors,” said Kubayi.

Kubayi also wants to reassure investors about their commitment to building South Africa.

This is in relation to reports of widespread corruption in South Africa.

“Over time there have been concerns about corruption. Reports from the outgoing Zondo commission and the country implementing its recommendation give the assurance that no matter who you are, there will be consequences [when] some people do the wrong things and find themselves on the wrong side of the law, ”Kubayi added.

The minister is accompanied to the WEF by a business delegation from South Africa to show the partnership the country has with the private sector.

“This morning we will meet with Team South Africa to make sure we speak with the same voice and to show the partnership, but also the government supporting the business community,” added Kubayi.

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