Buhari, Ramaphosa meet for talks on strained economic ties

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    South African President Cyril Ramaphosa will host Nigerian President Muhammadu Buhari for talks, weeks after xenophobic violence strained economic ties between the two nations.

    Nigeria recalled its high commissioner and evacuated some of its citizens last month after a spate of attacks in South Africa left at least 12 people dead, two of them foreigners. Protests in Nigeria over the violence targeted South African companies including mobile-phone giant MTN Group Ltd. and grocer Shoprite Holdings.

    Ramaphosa and Buhari will meet Oct. 3 in Pretoria, the capital, the presidency said in a statement Tuesday. They’ll discuss ways “to strengthen political, economic, social and cultural relations,” it said.

    Nigeria is South Africa’s biggest trade partner in Africa, with flows estimated at $4.5 billion last year compared with $2.9 billion a decade ago, according to data compiled by Bloomberg.

    South Africa has seen sporadic attacks on migrants, including Nigerians and Sudanese, the worst of which occurred in 2008 when about 60 people were killed and more than 50,000 forced from their homes. Another seven people died in similar attacks in 2015.

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    Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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