Both business and Ramaphosa himself once assumed that his presidency alone would be enough to restore the government's and state-owned companies' capacity and integrity. They were wrong, writesThere was a sombre atmosphere at President Cyril Ramaphosa's fifth investment conference, quite different in tone from any of the investment gatherings he had hosted.
While Ramaphosa still claimed success – investment pledges hit R1.5 trillion over the past five years – his tone was subdued. In the lead-up to the conference, Ramaphosa held close engagements with the captains of industry, where he would have been left in no doubt of the rising anxiety in the investor community as the business environment deteriorated before our eyes.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Carol Paton | Ramokgopa is asking the big questions. Will Cabinet arrive at the best answers? | BusinessOPINION | Minister of Electricity Kgosientsho Ramokgopa has put the big questions on the Cabinet's agenda. But the costs of resuscitating coal might be bigger than he thinks and the benefits not as clear as they look right now, writes politicsblahbla. politicsblahbla Our Minister of Electricity is a rocket scientist profit engineer financial whizz kid comedian and a Puppet soon to be a Nobel peace prize winner and the saver of the universe, a problem solver of planet Earth, but the best of it all we as taxpayer pay him for doing nothing politicsblahbla There is nothing to resuscitate our coal is alive and kicking they just need to stop shipping it to Europe. politicsblahbla UMM WHY DIDNT THEY THOUGHT OF THAT AGES AGO INSTEAD OUR COAL IS BEEN SHIPPED AWAY
Source: News24 - 🏆 4. / 80 Read more »
SA investment conference: Ramaphosa woos businessPresident CyrilRamaphosa met business leaders on Wednesday to discuss measures to boost economic growth and job creation, ahead of an annual conference to woo investment to the country. Monewyeb SAIC2023 InvestSA Always talking this one, when is he actually doing the work? I wonder if anyone dared mentioned the power crisis...? How did the ANC outline there plan to completely and finally destroy all business in SA and how far down the line they are with the plan
Source: Moneyweb - 🏆 5. / 77 Read more »
Ramaphosa, Ramokgopa try to calm fears over trade-off between climate goals and electricity | BusinessRecent statements by Minister of Electricity Kgosientsho Ramokgopa have raised the possibility of keeping SA's coal-fired power stations going for longer than the climate commitments implied by the JET partnership arrangement and the JET investment plan Screw renewable, let jet whatever take back their money n leave us with our coal Ramaphosa en Ramokgopa not on the same page with shutdown of Eskom power stations, The masters want eskom dead Ramokgopa need extension of life span to power stations 🔥🔥 Of course... More money they can steal
Source: News24 - 🏆 4. / 80 Read more »
Investors have reason to be sceptical of SA’s business potential - RamaphosaRamaphosa was speaking in Sandton on Thursday, at the fifth instalment of the investment conference, which comes amid stage six power cuts, high unemployment, and poor economic growth. Yes BEE laws and power blackouts will do that Yes, poor to almost non existent leadership. CyrilRamaphosa 💯 You keep lying and failing...consistency
Source: ewnupdates - 🏆 30. / 53 Read more »
A pratical guide to business rescue for small business owners[ADVISOR VIEW] What exactly is business rescue, and why is it a subject of such profound significance? Tiaan Herbst from The Southern African Advisory Company [SAAC] elaborates. Moneyweb SmallBusinessOwners
Source: Moneyweb - 🏆 5. / 77 Read more »