Key winning points from Uhuru's meeting with SA's Jacob Zuma

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South Africa's rand traded sideways on Friday as market participants waited for political developments and technical indicators following a volatile week driven by speculation over President Jacob Zuma's future.

Kenyatta arrived in the country on Thursday afternoon on a three-day visit.

"This is a working visit for President Kenyatta, he has just come to have some consultations, of course, we do this as part of looking forward to the state visit that is going to be made by the President in the first half of this year".

"As I told my brother [Ramaphosa]‚ we have a lot to learn from a party that has held together for 106 years and have been involved in the struggle of South Africa and Africa‚" Kenyatta said.

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During his address to the media after the talks, Presidents Kenyatta and Zuma also noted that the relations between the two countries would be taken to "a new level".

"It will enable us to create the jobs that our young people require", said Kenyatta.

"We have also had the opportunity to discuss regional issues of mutual interest, and matters of peace and security". He said the leaders also discussed the slave trade in Libya.

President Kenyatta will utilize the meeting at his villa to congratulate Ramaphosa for winning a competitive race for the leadership position of the African National Congress (ANC) presidency, and appraise him of key bilateral issues, including immigration. He would also meet with the Johannesburg business community and the chief executive of Volkswagen South Africa, Thomas Schaefer, who set up an assembling plant in Kenya in 2016.

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