'The more roads, ports, railways, factories, energy facilities & other economic infrastructure, the more the economy can produce, generating taxable earnings that can make the country better.' BusiMavuso2 of BLSA_Official. Moneyweb SAIC2023 InvestSA
Congratulations to the presidency for the successful investment conference last week. The fifth event was well attended and there were some powerful sessions with both business and the public sector regarding the obstacles and opportunities for greater investment. It made clear the presidency’s commitment to a conducive environment for business to invest and there was a positive sentiment about government’s efforts to achieve that. I applaud the effort.
The many new electricity plants now being built will resolve load shedding within the next few years. That will set the scene for renewed business confidence that will hopefully allow for investment that achieves what we really want: economic growth. When businesses are feeling confident about the future, they invest. They must believe there will be customers to sell to for many years for investments they are considering now.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa needs more than just big investment numbers: CEOBusi Mavuso, the CEO of BLSA, says that investment is not the only metric influencing economic growth.
Read more »
Investment the South African way: break stuff, then ‘invest’ to fix itRamaphosa’s failure as a leader is almost complete now. The entire investment conference and the targets supposedly met are fake, writes Peter Bruce.
Read more »
Investment drive is smoke and mirrorsMost indicators tell the story of a country in crisis, regardless of the huge sums of money committed at Cyril Ramaphosa’s fifth investment conference, writes Sam Mkokeli
Read more »
WATCH: Investment in SA outdoes Cyril Ramaphosa’s R1.2-trillion targetBusiness Day TV spoke to Jacko Maree, investment envoy to President Cyril Ramaphosa
Read more »
SA Investment Conference | Pledge target reached, more neededNew pledges at this year’s Investment Conference have seen President Cyril Ramaphosa surpass his target of R1.2-trillion set five years ago.
Read more »
Major red flags for investment in South AfricaAnglo American group CEO Duncan Wanblad says investors are frustrated by South Africa’s failing infrastructure.
Read more »