Jacob Zuma addresses South African delegation at World Economic Forum

Jacob Zuma addressed the South African delegation at the World Economic Forum in Davos, Switzerland, on January 21, 2016. Zuma stated that the South African economy is resilient despite an unfavorable economic backdrop. He noted that the country's stability in the macro and fiscal framework and a diverse economy shielded it from the full impact of lower commodity prices.

Zuma highlighted that growth in the service sector provided a cushion, even though commodity prices remain a key export earner. He stated that South Africa's participation in the forum aims to raise foreign direct investment and expand the global footprint of South African companies.