The Presidency of the Republic of South Africa

08/17/2026 | Press release | Distributed by Public on 08/17/2026 13:09

President Ramaphosa to launch Phase 3 of the Government-Business Partnership

President Cyril Ramaphosa will on Thursday, 20 August 2026, launch Phase 3 of the Government-Business Partnership, an economic partnership aimed driving reforms, boosting investment and creating jobs.

The President will convene Ministers and senior business leaders to set out a shared plan to accelerate economic growth and strengthen South Africa's position as an investment destination.

Phase 2 of the Partnership delivered measurable results. South Africa has now gone more than a year without loadshedding, while rail freight volumes have improved significantly and port performance has strengthened.

The country has also successfully exited the FATF Grey List, while both S&P and Fitch have upgraded South Africa's credit rating.

Phase 3 will focus on converting this renewed confidence into sustained economic growth and create meaningful job opportunities, while further strengthening South Africa's investment case.

The Government-Business partnership will retain its focus on tackling crime and corruption, expanding youth employment and embedding the outstanding reforms in energy, transport and logistics sectors.

Members of the media are invited as follows:
Date: Thursday, 20 August 2026
Time: 12h00
Venue: Summer Place, 69 Melville Road, Hyde Park, Johannesburg

NOTE TO MEDIA: Members of the media wishing the cover the event are must send their details to Shadi Baloyi on [email protected] or 072 571 6415 by no later than Tuesday,18 August 2026, at 15h00.

Access to the venue will be granted to ONLY accredited media.


Media enquiries: Vincent Magwenya, Spokesperson to the President - [email protected]

Issued by: The Presidency
Pretoria

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