Investment rebound signals Ramaphosa’s efforts may be bearing fruit

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Nedbank gave a guarded upbeat 2022 outlook and capital projects by government also picked up as the economy recovers

Nedbank gave a guarded upbeat 2022 outlook for investment by the private sector, forecasting the biggest expansion in five years as activity picks up from the Covid-induced low base.

The Nedbank Capital Expenditure Project Listing report, released on Wednesday, expects fixed investment to increase 3.5% in 2022, better than the modest 0.2% increase recorded in 2021...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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