"We are encouraged that South African investments in the continent increased from R5.5 billion in 2002, to R32.3bn in 2013," he said in his state-of-the-nation address.
Neighbouring countries and those further north were becoming important trading partners for South Africa, President Jacob Zuma said on Tuesday.
"We are encouraged that South African investments in the continent increased from R5.5 billion in 2002, to R32.3bn in 2013," he said in his state-of-the-nation address.
Exports to the region were also increasing.
"Our exports into the continent are also increasing each year, having been at 28.5 percent, up from 22.6 percent in 2002."
Zuma said South Africa would continue to champion broader regional integration through the Southern African Customs Union, the SADC, and the envisaged Tripartite Free Trade Area that would span Eastern and Southern Africa.
SONA 2014: 'African trade growing strongly'
"We are encouraged that South African investments in the continent increased from R5.5 billion in 2002, to R32.3bn in 2013," he said in his state-of-the-nation address.
Neighbouring countries and those further north were becoming important trading partners for South Africa, President Jacob Zuma said on Tuesday.
"We are encouraged that South African investments in the continent increased from R5.5 billion in 2002, to R32.3bn in 2013," he said in his state-of-the-nation address.
Exports to the region were also increasing.
"Our exports into the continent are also increasing each year, having been at 28.5 percent, up from 22.6 percent in 2002."
Zuma said South Africa would continue to champion broader regional integration through the Southern African Customs Union, the SADC, and the envisaged Tripartite Free Trade Area that would span Eastern and Southern Africa.
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