Cyril Ramaphosa in race against time over reforms to lure investors, Neal Froneman warns

President Cyril Ramaphosa may be running out of time to enact the reforms required to attract significant investments in the country’s mining industry.

The risks of doing business in SA will increase should weak economic growth and ballooning government debt be compounded by the loss of SA’s last investment-grade credit rating, he said. Ramaphosa came to office two years ago determined to tackle corruption and revitalise Africa’s most industrialised economy, which has languished after almost a decade of mismanagement under his predecessor Jacob Zuma.

EWC Expropriation Without Compensation make investors reluctant. They don’t like having their stuff taken. They are funny like that.

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