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Bozell: Billions in Investment at risk as SA-US rift deepens

Bozell accused President Cyril Ramaphosa of failing to condemn the controversial "Kill the Boer, Kill the Farmer

Bozell: Billions in Investment at risk as SA-US rift deepens

US Ambassador Leo Brent Bozell III has warned that South Africa's policies are jeopardizing billions in American investment and thousands of potential jobs. Bozell accused President Cyril Ramaphosa of failing to condemn an inciting chant, describing it as a threat to national security. He also criticized South Africa's race-based ownership requirements for foreign companies, arguing that they deter investment in key sectors such as mining and telecommunications.

Bozell stated that the United States is prepared to invest, but South Africa must address the barriers preventing American capital from flowing into the country. The ambassador's remarks come amid escalating tensions between Washington and Pretoria, with South African officials accusing the ambassador of "undiplomatic conduct." Despite the strained relations, Bozell emphasized that the US remains committed to maintaining its partnership with South Africa, seeing it as beneficial for both nations.

Written by urgent.news from The Citizen's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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