ISAAH MHLANGA: SA’s investment drive remains a hard sell

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Good public relations will not be enough to elevate SA's status as a good place to invest.

The fifth SA Investment Conference concluded this week with President Cyril Ramaphosa announcing that the goals of the five-year R1.2-trillion investment drive that started in 2018 have been met. The president has thus revised the target upwards to R2-trillion over the decade to 2028.

However, there is no clarity over the distinction between investment pledges and realised investments over the past five years. This conflation will now become a R2-trillion conundrum that will only become clearer beyond 2028. ..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 TimesLive Premium.

 

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