Tanzania is one of the South Africa’s foremost trading partners, with total trade between the two nations increasing from R6.89 billion (897.05bn/-) in 2021 to R8.71bn (approximately 1.11trn/-) in 2022.
According to South Africa’s Minister in the Presidency, Khumbudzo Ntshavheni, there are more than 250 South African companies engaged in diverse sectors in Tanzania.
Ntshavheni made the remarks in Pretoria while addressing journalists on the outcomes of a Cabinet meeting held on Wednesday.
“On South Africa-Tanzania relations, Cabinet welcomed the State Visit to South Africa on Thursday, March 16 by President Samia Suluhu Hassan of the United Republic of Tanzania, at the invitation of her counterpart, President Ramaphosa,” said Ntshavheni.
The visit follows the South Africa-Tanzania Ministerial Bi-national Commission (BNC) held in Pretoria on Wednesday.
Over the weekend, the Presidency announced that Ramaphosa had invited Hassan for the State visit, touching the deep historical ties between the two African nations.
“South Africa and Tanzania enjoy deep historical relations arising from Tanzania’s solidarity with South Africa’s liberation Struggle.