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President Cyril Ramaphosa will this morning officially open the 4th South African Investment Forum. SAIC2022 InvestSA economicrecovery

The conference, which was postponed last year, was inaugurated by Ramaphosa in 2018 to spearhead government’s investment.

Of the 152 investment announcements made previously, 45 projects have already been completed. A further 57 projects are currently under construction. Coal mining company, Exxaro, plans to pledge more investments at the upcoming SA Investment Conference in Johannesburg. “The challenge is to have energy transition not focusing on coal alone. You need to have a mix. To make South Africa take that forward, there is no technology at this point in time that can make it clean; it can be cleaner, but not clean, because of the fundemental reason of Co2 emissions that are produced from the coal resource that we have.”

Mtenjane says they will make another pledge at the 4th investment conference, but, this time they will invest in renewable energy.

 

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If the load shedding is not resolved this summit will be useless.

Let him call his Russian friends who are under sanctions to come and invest. This will be a flop investment conference and drive

Does this Forum talk to people on the streets, cause clearly after 4 years we could have yielded results.

He banna,

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