South Africa needs more than just big investment numbers: CEO

Busi Mavuso, the CEO of Business Leadership South Africa , says that the president’s latest plans to attract even more investment should be complemented by other targets., President Cyril Ramaphosa sold the country to the world at the fifth annual investment conference to attract trillions in foreign and domestic investment.

While the president did not shy away from highlighting the challenges faced by the country, he stressed that the government has a roadmap and a handful of timelines to ensure that the challenges wouldn’t linger indefinitely. “Investment is not a good in and of itself. It is good for what it creates, including economic activity and enables citizens to live better lives,” she said.

“I have no doubt that pledges do add at the margin to the investment happening, but it is really only when investment trends pick up at the macro level that we can be confident something good is happening in the economy,” Mavuso said.

Stop over complicating the issue. Safety and power stability are 1, but you have to bring the hammer down sooner than later. If Eskom is having to deal with sabotage, then nobody is safe.

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Major red flags for investment in South AfricaAnglo American group CEO Duncan Wanblad says investors are frustrated by South Africa’s failing infrastructure. 6 hours a day no lights who wil come n invest in south africa... Unfortunately nobody worries You keep pushing our rand value to its lowest,loadshetting just because of winter around the corner,and money laundering,you want money for yourself and not for the sake of our country so look where we are ending up because of our president Only money Launderers and criminals would want to invest their money in South Africa
Fonte: BusinessTechSA - 🏆 24. / 61 Consulte Mais informação »