SA investment conference: Ramaphosa woos business

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SA investment conference: Ramaphosa woos business
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President CyrilRamaphosa met business leaders on Wednesday to discuss measures to boost economic growth and job creation, ahead of an annual conference to woo investment to the country. Monewyeb SAIC2023 InvestSA

President Cyril Ramaphosa met business leaders on Wednesday to discuss measures to boost economic growth and job creation, ahead of an annual conference to woo investment to the country. Read: Investors balk at energy-intensive projects in SA Thursday’s conference starts as data this week showed that the economy has probably entered a technical recession.

Investec sees uncertainty at worst since apartheid South Africa’s political climate is the most uncertain since the end of the apartheid era, with investors acutely concerned about a potential coalition between the governing party and a leftist group after next year’s elections, Investec Bank’s chief executive officer said.

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