Deputy President Phumzile Mlambo-Ngcuka to Depart for London

Tshwane - The Deputy President of South Africa Phumzile Mlambo-Ngcuka will today depart for London where she will present a keynote address at the United Bank of Switzerland's (UBS) 2005 South Africa One-on-One Conference in London on Friday, 16 September 2005.

Deputy President Mlambo-Ngcuka's delegation includes Ministers Thoko Didiza, Marthinus van Schalkwyk and Deputy Ministers Jabu Moleketi of Finance and Rob Davies of Trade and Industry.

This visit comes within the context of the mandate bestowed on Deputy President Mlambo-Ngcuka by President Mbeki to give leadership in South Africa's efforts to speed up growth and development in the building of a better South Africa for all who live within it.

In this regard, Deputy President Mlambo-Ngcuka is expected to address representatives of among others, AECI, Anglo Platinum, Anglogold, Edgars, Goldfields, Harmony, Impala Platinum, Investec Mvela, MTN, Standard Bank and Telkom on matters in the South African economy relating to growth, labour, investment, black economic empowerment and the South African government's position on the positioning of Africa in the global economy and South Africa's role on the Continent.

Some of the European companies that will be present at the conference include: Schroders Investment Management, Merrill Lynch Investment Management, Thames River Capital, Citigroup Investment Management, Pictet Asset management, T Rowe Price International, Mondrian Investment Partners, Marathon Asset Management, Capital Group and West LB Asset Management.

Deputy President Mlambo-Ngcuka is also expected to pay a courtesy call on British Deputy Prime Minister John Prescott on Thursday, 15 September 2005.

Also on Thursday, 15 September 2005, Deputy President Mlambo-Ngcuka will receive the World Nuclear Association's Award for the distinguished contribution to the peaceful global use of nuclear energy. This has been awarded to Deputy President Mlambo-Ngcuka for her "valuable contribution in moving the nation of South Africa (as former Minister of Minerals and Energy) towards a higher realisation of its potential to benefit from nuclear energy," said Director-General of the World Nuclear Association, John Ritch.

Issued by Zanele Mngadi on 082 781 9332 and Ronnie Mamoepa on 082 990 4853.

Department of Foreign Affairs
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14 September 2005

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