Ramaphosa hosts Volodymyr Zelenksyy of Ukraine

South Africa is gearing up for a landmark visit from Ukrainian President Zelenskyy, as discussions loom on potential economic partnerships and humanitarian efforts amid the ongoing conflict in Ukraine. Dr. Stavros Nicolaou, BRICS Business Council Member and Group Senior Executive, joined CNBC Africa to shed light on the significance of this visit and the opportunities it presents for South Africa. Nicolaou highlighted the economic potential of diversifying partnerships, emphasizing the need to explore new ventures with Ukraine while strengthening existing ties. With Europe's strong stance on Ukraine and the African continent's reliance on South Africa for trade, the visit could pave the way for mutually beneficial collaborations. South Africa has identified key areas for partnership with Ukraine, including agribusiness, reconstruction projects, critical minerals, and healthcare. Additionally, discussions on participation in bilateral economic forums such as the B20 tracks are on the agenda to capitalize on synergies between the two nations. Nicolaou emphasized the importance of South Africa's role in the G20, positioning the country to provide political direction in challenging times and possibly facilitate a ceasefire in Ukraine. From a policy perspective, South Africa's neutral and non-aligned stance has been underscored by engagements with both Russian and Ukrainian counterparts, signaling a balanced approach to foreign relations. The visit not only solidifies South Africa's commitment to economic opportunities but also highlights its potential to serve as a gateway to the African continent for Ukraine. Moreover, Nicolaou stressed the humanitarian efforts of South African businesses, with companies like Aspen Pharma Group making significant contributions to aid Ukrainians affected by the conflict. From donating critical medicines for emergency surgeries to rescuing stranded South African students, South African businesses have demonstrated a commitment to humanitarian causes, showcasing the country's values of Ubuntu and social responsibility. As South Africa prepares to host President Zelenskyy, the visit symbolizes a new chapter in diplomatic relations and economic collaborations, with a strong emphasis on fostering partnerships and addressing humanitarian needs in times of crisis.