Supported By:
Brand South Africa
Official Custodian of South Africa’s National Brand
World Economic Forum Annual Meeting 2023
South Africa is expected to participate in the World Economic Forum (WEF) Annual Meeting, which is scheduled to take place from 16 – 20 January 2023 in Davos-Klosters, Switzerland, under the theme ‘Cooperation in a Fragmented World’.
The World Economic Forum is an independent international organisation committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional and industry agendas. It was founded in 1971. South Africa’s participation at the Annual Meeting dates to 2009.
A South African delegation will travel to Switzerland to participate in and add the country’s voice to discussions about global issues with the overall aim to position the country as a competitive business destination. The communication approach is to select multi-sectoral thought leaders from the private and public sector, to drive the messaging for Team South Africa at WEF, in line with the WEF theme.
KEY ACTIVITIES:
12 January 2023 – PRE-WEF Davos Business Briefing in Sandton, Johannesburg
16 – 20 January 2023 – World Economic Forum Annual Meeting in Davos
16 – 20 January 2023 – South African Business Hub at Promenade 54 in Davos
17 January 2023 – Media Cocktail at South Africa Business Hub at Promenade 54 in Davos
18 January – South Africa Night at the World Economic Forum
- Hosted by Nomzamo Mbatha
- A South African Food Experience with Chef Wandile Mabaso
- A Proudly South Africa showcase by MiCasa and The Soil
Positioning South Africa at WEF 2023
Team SA’s Objectives At WEF 2023
Key Messages
Downloads
Positioning South Africa at WEF 2023
Positioning South Africa at WEF 2023 remains imperative in order to:
- Showcase and provide an update on the country’s progress in implementing the economic reconstruction and recovery plan;
- Promote the country’s economic reforms;
- Advance important public-private partnerships to support the country’s development objectives.
- Provide a platform for South Africa’s WEF private sector partners to establish and strengthen networks with the international business community and
- To influence global policy discussions on the future of doing business.
Team SA’s Objectives At WEF 2023
Key issues to be addressed at WEF 2023:
Environment
- Load shedding/Planned Power Outages
Finance
- Greylisting by the Financial Action Task Force
- Management of the country’s debt
- South Africa’s fiscal strategy
- State Owned Enterprises (SOEs)
- A new framework for funding state-owned companies
- The impact of corruption on the economy
- Rebuilding the economy
Key objectives for participation at WEF Davos:
- Position South Africa as a globally relevant player and partner in trade and investment that can compete with the best in the world.
- Showcase South Africa’s capabilities and strategic importance in the region.
- Profile the country’s economic recovery strategy & implementation.
- Reinforce South Africa’s position as an attractive business, investment, and tourism destination.
- Showcase investment opportunities that will transform the economy and create more employment opportunities.
- Reinforce South Africa’s commitment to having zero tolerance for and fighting crime and corruption.
South Africa’s participation at WEF 2023 is motivated by
- South Africa’s investment drive to improve confidence in the country’s economy and achieve balanced, sustainable, and inclusive growth.
- Its mission as an attractive destination for FDI.
- Whilst navigating the impact of COVID-19 on the country’s economy, South Africa remains committed to its five-year investment target of over R1 trillion ($100 billion).
- South Africa defining itself as an investment-friendly environment and has piqued interest with global investors through increasing engagement and networking.
- The plan to have more than 1,000 international companies operating and investing in South Africa by 2025.
Key Messages
Some of the key messages Team SA will focus on at WEF include:
- Impact of Russia/Ukraine on SA economic outlook
- Progress on government’s structural reform agenda
- South Africa is a globally relevant, attractive, and competitive destination.
- Highlight South Africa’s global rankings
- South Africa’s economic reconstruction and recovery plan aims to build a new economy and unleash South Africa’s true potential
- South Africa is committed to addressing climate change and transitioning to lower carbon emissions.
- South Africa’s greening trajectory is unlocking numerous development opportunities with attractive investment returns
- Technology is at the centre of the country’s development
- South Africa continues to play a leading role on the continent
- South Africa is committed to deepening economic cooperation within the continent and stimulating trade
- Reforms to support ease of doing business
- South Africa is committed to addressing the issue of safety and security and its effects on the freedom of the country’s citizens and visitors
- Dealing with corruption & state capture
Downloads
