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SA at the G20 Leaders’ Summit




G20 Leaders’ Summit advances interests of the South President Jacob Zuma has concluded his working visit to Hangzhou in the People’s Republic of China, where he successfully participated in the Group of 20 (G20) Leaders’ Summit held from 3-5 September 2016 under the theme: “Towards An Innovative, Invigorated, Interconnected and Inclusive World Economy.”

Under this theme, the G20 Leaders discussed specific priority areas, namely: i) Breaking a New Path for Growth, ii) More Effective and Efficient Global Economic and Financial Governance, iii) Robust International Trade and Investment, iv) Inclusive and Interconnected Development, and v) Other issues affecting the World such as Anti-Microbial Resistance (AMR).

With regard international trade and investment, President Zuma stated that innovation, fair trade and investment are important ingredients for sustainable and inclusive growth.
“Our trade and investment policies should be designed to enable countries to improve competitiveness and gain access to markets, to successfully participate in the global economy,” said President Zuma.

Furthermore, President Zuma called for the strengthening of the World Trade Organization (WTO) as the principal body to negotiate trade related matters. This entails working towards the early conclusion of the Doha Development Agenda in line with the development mandate and improving market access for exports of developing countries.

On the issue of inclusive and interconnected development, President Zuma stated that industrialization, infrastructure development, intra-Africa trade and curbing illicit financial flows are crucial goals for the development of the African Continent as stipulated in Agenda 2063. In this regard, South Africa’s proposal that illicit financial flows from trade mispricing be studied by the World Trade Organisation was accepted. This challenge, if addressed, has the potential to unlock millions of dollars that could be used by African governments to the implementation of the SDGs and their development programmes.

With regard to the 4th Industrial Revolution, President Zuma said that: “For Africa not to be left behind, we must ensure the transfer of technology and investment in skills. In this regard, protection of intellectual property rights should not be used to exclude or create barriers to Africa’s industrialization. We further recognize that without peace and security there can be no sustainable development or meaningful economic growth.”

The G20 Summit recognized Anti-Microbial Resistance (AMR) as a health, food security and economic threat of global magnitude.

President Zuma stressed that a multilateral solution is required as the lack of a global response could undermine the attainment of the health and other related Sustainable Development Goals (SDGs).

“Importantly, in addressing this challenge, we need to uphold the principle of inclusivity. This requires that both developed and developing countries are included in research, development and production processes. We must ensure that all have access to these drugs,” said the President.

Prior to the G20 Summit, President Zuma interacted with representatives at the B20 Summit (Business 20). The B20 Summit provides a platform for G20 leaders to engage with various leaders of the business community and attempts to address global challenges. The President participated as a panelist in a B20 session on “Breaking a New Path for Growth.” The President stated that this topic is important for South Africa, given the emphasis on innovation, the digital economy and the new industrial revolution.

President Zuma attended a Trilateral Meeting with H.E President Idriss Deby of Chad and H.E President Macky Sall of Senegal, representing the Chair of the AU and NEPAD, respectively, on the margins of the Summit. This meeting provided an opportunity to coordinate and reinforce common messages from an African perspective during the Leaders’ Summit.

“As the only African member in the G20, South Africa seeks to advance the African Union’s priorities by coordinating closely with African observers in G20 meetings, such as the AU Chair and the NEPAD chair in an effort to strengthen the voice of Africa know the G20.South Africa further seeks to use its participation in the G20 to promote and strengthen the interests of the South, on the understanding that, if managed carefully, the G20 does present meaningful opportunities for advancing much-needed global governance reforms and orienting the international development agenda,” said the President.

President Zuma participated in the BRICS Leaders’ Informal Meeting, which also annually meets on the margins of the G20 Summit. The BRICS Leaders discussed global political and security issues and exchanged views on G20 matters related to global growth, the economy, trade, global governance, development and the UN Sustainable Development Goals (SDGs). Preparations for the upcoming 8th Goa BRICS Summit were also discussed.

President Zuma held bilateral meetings on the margins of the Summit with H.E President Xi Jingping of the People’s Republic of China, H.E Prime Minister Justin Trudeau of Canada, and H.E President Recep Tayyip Erdogan of the Republic of Turkey where bilateral, regional and international issues of mutual concern were discussed.

The G20 Leaders’ Communique was adopted as the outcome of Hangzhou Summit.

Germany is the incoming President of the G20 and will host the next G20 Summit in 2017.

Following the conclusion of the G20 Summit, President Zuma will travel to Guangzhou in Guangdong Province, where he will attend the “2nd Investing in Africa Forum,” on 7 September 2016.

Enquires: Dr Bongani Ngqulunga on 082 308 9373 or Bongani@presidency.

Issued by The Presidency




South Africa continues to intensify measures aimed at accelerating economic growth and resolving the triple challenge of unemployment, poverty and inequality as projected by the National Development Plan (NDP). The Nine-Point Plan sets out the specific interventions for growing and transforming the economy, creating jobs and attracting investment. Improving policy coordination, infrastructure development, making it easier to do business in South Africa and boosting investment spending is creating an enabling environment for economic growth.

The Economic Cluster has noted the strong rebound in economic growth in South Africa with Gross Domestic Product (GDP) growing by 3.3% in the second quarter of 2016. The main contributors to the GDP growth rate were the manufacturing industry and the mining and quarrying industry. Manufacturing increased by 8,1%, largely as a result of higher production in petroleum, chemical products, rubber and plastic products; and motor vehicles, parts and accessories and other transport equipment. Mining and quarrying grew by 11,8%, largely as a result of higher production of platinum group metals. The Agriculture sector remains weak as a result of the effects of the severe drought that South Africa has experienced. The South African economy would have grown even faster were it not for the negative effects of the drought.

Government is buoyed by the demonstrated resilience of the South African economy and is cautiously optimistic that the return to growth in the Manufacturing and Mining sectors can be sustained over the next few quarters. The Economic Cluster will continue to monitor economic growth and intervene where necessary to facilitate investment and create an enabling environment for inclusive growth so as to address our triple challenges of unemployment, poverty, and inequality.

The Economic Cluster has also taken steps to accelerate implementation of the Nine-Point Plan as directed by the recent Cabinet Lekgotla. The Economic Cluster is at an advanced stage in preparing for the implementation of 40 high-impact investment projects in Agriculture and Agro-processing, Agri-parks, Energy, Infrastructure, Beneficiation and Manufacturing subsectors. Of these 40 projects, 10 have been assigned high-priority status and will be fast-tracked and monitored by the Investment Inter-Ministerial Committee (IMC). Across the 40 projects, InvestSA is co-ordinating the completion of feasibility studies, and the provision of regulatory and incentive support. Strong partnerships between government, labour and the private sector are necessary to ensure the successful operationalisation of the priority projects.

Some of the key highlights that occurred during the latter part of August include: the Coega Development Cooperation historical signing of an R11 billion Investment with the Beijing Automobile International Corporation (BAIC), the biggest automotive investment in Africa in the last 40 years. The launch of the 50/50 Farming Pilot project, which is aimed at strengthening the relative rights of farmworkers; the launch of the Bombardier Transportation’s first Propulsion and Control Manufacturing facility for use in Transnet’s locomotives; and the launch the second intake of the War on Leaks project, which will see over 7 000 artisans trained in critical skills required in the economy to minimise water losses.

Through the Export Marketing and Investment Assistance Scheme of the Department of Trade and Industry, a business delegation consisting of 27 South African companies participated in the 52nd edition of the Maputo International Trade Fair from 29 August to 4 September 2016. This exposed the South African companies to trade and investment opportunities available in Mozambique and other countries.

The Economic Cluster reaffirms its commitment to empower women to enable them to participate fully in the country’s economy. The empowerment of women through the Nine-Point Plan and departmental programmes plays an important role towards advancing the country’s economy. Government-led programmes support the advancement and empowerment of women in the economy by providing them with skills development and financial assistance to own and manage their businesses.

Brand South Africa in partnership with Brand Finance will be announcing the country’s top commercial brands on 15 September 2016. We call on commercial brands to continue being key messengers and positioning South Africa as a competitive and attractive investment destination.

Donald Liphoko- 082 901 0766

Issued by GCIS on behalf of the Economic Cluster

06 September 2016

Nelson Mandela International Day 2016 “Follow the Sun”

Thank you to all South African High Commission Staff, families, friends and volunteers who gave 67 minutes of their time to weekend to pack the 220 000 meals for this joint campaign with Stop Hunger Now and the Nelson Mandela Foundation. Your efforts are highly appreciated and will go a long way to ensure that people around the world do not need to go hungry. Be proud of your contribution to Mandela Day 2016 and carry on the legacy of Tata Madiba during the rest of the year.