South Africa Appoints New Envoys in Drive to Raise $100 Billion

Eskom Is Too Big to Fail: South Africa’s Ramaphosa
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South African President Cyril Ramaphosa appointed three new envoys, including two former ministers, to help with his drive to attract $100 billion in new investment.

Former Energy Minister Jeff Radebe has been appointed to drive investment in the oil and gas industry, South Africa’s Presidency said in a statement on Monday. Derek Hanekom, the ex-trade and industry minister, will have a similar remit in the tourism industry, alongside Elizabeth Thabethe, the current deputy tourism minister.