Economics
‘Disappointed’ South Africa Summons Ambassadors on Investment Memo
- Memo to Ramaphosa is a ‘departure from diplomatic practice’
- U.S., U.K., three others concerned about corruption in nation
Commercial buildings and office property stand on the city skyline in Johannesburg.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
South Africa’s Department of International Relations and Cooperation expressed “disappointment” with five embassies for telling President Cyril Ramaphosa that foreign investment is at risk because of the country’s failure to prosecute people for government corruption.
The decision by the U.S., the U.K., Germany, the Netherlands and Switzerland to send a memorandum to the presidency instead of communicating through the department is a “departure from diplomatic practice,” the department said in a statement on the government’s website Sunday.