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Ramaphosa says there's no going back to old business models

───   05:18 Tue, 13 Apr 2021

Ramaphosa says there's no going back to old business models | News Article
Cyril Ramaphosa. File image

President Cyril Ramaphosa says that South Africa’s economic recovery plan will not see a return to previous systems but will rather focus on new digital skills.

Writing in his weekly open letter to the public, the president said that this change in focus will put the economy on a fundamentally different growth trajectory.

He says one of the ways that the country can do this is by harnessing the job-creating potential of the digital economy, whose growth has only been accelerated by the coronavirus pandemic.

He cited a recent report which ranked South Africa first in the world as a destination for global business services.

This sector includes call centres, technical support and back and front office services for major multinationals and South African firms.


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