Fourth SA Investment Conference SA an outstanding success: Ramaphosa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The one-day meeting was attended by 1 000 delegates including cabinet ministers as well as local and foreign investors.

“The 80 investment pledges at today’s conference come to a total of R332 billion. With the pledges, we have received today – and with cancellations and additions we have heard about from investors in previous conferences – we have now taken the total level of investment pledged at the four Investment Conferences to R1.14 trillion. With just one year left to go, we have now reached 95% of the ambitious target we set four years ago.

“The bulk of our capital investment is back in South Africa, although we are heavily expanding and the return on capital is excellent, the scale of the market is big and we are investing in the amount of 43 billion and up a year in new business and businesses in South Africa. The bank itself is a big investment.

“In terms of our capital commitment we made in 2018, we shed about R85 billion is what we would spend in a five-year period going forward. We’ve actually achieved that after four years, but very important and again the story is about people and investing in infrastructure.

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Consumer Price Index remains unchanged - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Consumers can breathe a sigh of relief as inflation is surprisingly on the downside contrary to economists’ expectations. The annual Consumer Price Index (CPI) for February, remained unchanged at 5.7%, from 5.7% in January 2022. Im willing to be an errand boy, a gardener or any form of odd job just to feed my children🙏🏾. They've been going to school and back on an empty stomach and that cripples me as a father. I humbly ask for any tinned food or grocer you don't need🙏 Change or no change we dont care .I die die I heard in the US they fake inflation numbers as they don't want people to know how poorer they're getting cos they might start a revolution...I wouldn't put South Africa past that...
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WATCH LIVE | Ramaphosa addresses investment conferencePresident Cyril Ramaphosa is expected to address the fourth SA Investment Conference on Thursday in Johannesburg.
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Ramaphosa invites global business leaders to join SA’s road to recoveryThe country began its drive to raise R1.2-trillion in new investment over five years almost four years ago, the president told the fourth SA Investment Conference LOL, they saying this for 10 yrs but the world is aware of southafrica corruption, racist employment laws, hopeless transport and many other negatives.
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