Former Public Investment Corporation CEO Elias Masilela warned on Wednesday that the investment industry had to start pouring more money into developmental projects if it wanted to avoid the escalation of social chaos in SA and being forced to prop up ailing state-owned enterprises.
Speaking at Alexander Forbes's Investment Indaba, Masilela, who is now a director of economic research at DNA Economics, cautioned investment firms and asset consultants that if they continue with their “short-termist” thinking, the social upheaval that SA is witnessing will get worse.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Economic rebound enough for 1% growth, Old Mutual Investment group saysHigher growth will largely be based on the rebound in consumer spending and private-sector fixed investment spending.
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
Carbon tax hurts a vital industry that is already becoming cleanerMinerals Council believes greenhouse gas emissions will be reduced without the need for a tax that affects investment in the mining sector
La source: BDliveSA - 🏆 12. / 63 Lire la suite »