PRESIDENT RAMAPHOSA APPOINTS MOHAMED DEWJI AS AN ADVISOR ON INVESTMENT ISSUES IN SOUTH AFRICA

Tanzanian business magnet, Mohamed Dewji.

Dar es Salaam - South African President Cyril Ramaphosa has appointed Tanzanian business magnet, Mohamed Dewji as one of his advisors on investment issues.

Mr Dewji, popularly known by his admirers as Mo and who is chief executive officer for Mohammed Enterprises Tanzania Limited (MeTL), will sit on President Ramaphosa’s investment advisory council, for a period a three years.

A statement, released yesterday by MeTL, said Mo and his colleagues on President Ramaphosa’s investment advisory council, will be responsible for the development and implementation of strategies and programs to attract and retain domestic and foreign direct investment to the Republic of South Africa.

“The appointment takes into consideration the role that Mo Dewji has played through his investments in a number of countries in Africa where his companies have created a lot of jobs,” reads the statement in part.

It states that through his letter to Mo, the South African leader believes the Tanzanian tycoon will help his country (South Africa) in its endeavour to attract investors who will put the country’s economy on the right footing.

The statement says President Ramaphosa says in the letter that Mo’s presence in the council will be a boost to South Africa’s efforts in marketing the country’s investment potentials across the world, a development that will have a profound impact on growth of Africa’s second largest economy.

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