BHEKI MFEKA: Foshan’s success shows why local government matters in the quest for investment

This skyline view of the Foshan in China shows the city's Chancheng District. Picture: 123RF/

However, an investor who has set up a factory in Ladysmith KwaZulu-Natal is an SA citizen like you and me. She/he needs all the rights and privileges that accompany citizenship. It is also expected that the investor complies with the responsibilities of a citizen as an individual or a business. An investor who is a citizen is the most important as she/he contributes directly to the livelihood and vibrancy of a society.

It is therefore not only in the announcement of big dollar/rand commitments that the value of the SA investment conference lies, but in the comfort of satisfaction that what would seem like small things for citizens and by citizens, if taken care of, could generate trillions of rand for SA. Developing countries that have experienced unprecedented growth over the past 20 years, such as China, however, show that local government leadership is the most important for any country to grow aggressively. The example of a city in the south of China called Foshan in Guangdong province, is the most immediate and has led scholars to term China’s growth phenomenon the Foshan model of growth.

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.

South African markets get short-term boost from Moody's reprieve | IOL Business ReportThe rand and government bonds surged on Monday after ratings agency Moody’s kept the country’s last investment-grade credit rating intact.
La source: IOL - 🏆 46. / 51 Lire la suite »

SACP must contest 2021 local govt elections - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Young Communist League Treasurer, Kebaabetswe Nkate, has reiterated their position that the SACP must contest the 2021 local government elections for the benefit of the working class. They won't even try Then you must know they are looking for money or they want some of their leaders to be strategically placed in government. That's their best bet instead of being fooled
La source: SABC News Online - 🏆 32. / 51 Lire la suite »

N West Portfolio Committee, Mokgoro at loggerheads over municipality dissolution - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The North West Legislature Portfolio Committee on Local Government and Premier Job Mokgoro, seem to be in dispute regarding the decision by Mokgoro's administration, to dissolve the Schweizer-Reneke based Mamusa municipality.
La source: SABC News Online - 🏆 32. / 51 Lire la suite »

Ramaphosa bolsters investment team ahead of conference - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Ahead of the South Africa Investment Conference to be held in Sandton from 5-7 November 2019, President Cyril Ramaphosa has taken steps to strengthen South Africa’s investment promotion drive. Thank you Mr. President. You hv some ideas of what is required but seem to fail on ur selections. You recycle old & failed ANC cadres who got us in this mess. An advice from a private sector professional locally & abroad. Pls separate politics & business. Listen to SiyaKholisi.
La source: SABC News Online - 🏆 32. / 51 Lire la suite »

Markets are turning profitability screws on companies, says Goldman Sachs CEODavid Solomon talks Europe’s negative interest rates, investor day, increased discipline and that small WeWork matter
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Ramaphosa names Radebe and Hanekom as ‘investment envoys’Former Gauteng MEC Kgosientso Ramokgopa will head a planned Investment and Infrastructure Office Business in SA will never belong to the Nation while Politicians secretly own all new Opportunities some way or another someone always makes sure that Politicians is Stakeholders, why can't normal Black Citizens not be BBBEE Partners in the new IPP's, Gas Exploration Projects?😡 Surely we have other people tlhe bathong. I mean boJeff have been there since day one wtf is he going to give us which he hasn’t already? Yup, because Derek_Hanekom is so dependable is building the economy, making money & creating jobs!! What a fucking joke!!!!
La source: BDliveSA - 🏆 12. / 63 Lire la suite »