Substantial pledges from corporate giants Vodacom, Anglo American and Heineken pushed the total value of investments since 2018 to a hefty R1.5-trillion.
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Listen, they can pledge n actually invest a 100 trillion, Ramaphosa won't change anything in SA. What happened to the 100 billion that was given to Eskom in 2018? Vanished!! He couldn't even build a small nyana power plant ke🚮
Put the whites back in gov
Load shedding
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SA INVESTMENT CONFERENCE: President Ramaphosa moves to calm investor fears over the wave of rolling blackoutsDuring his speech to more than 1,000 delegates at the South Africa Investment Conference, the President acknowledged that investor confidence in the country ‘has been tested’ by rolling blackouts and the government’s inability to ease the crisis over the past 16 years. And all he seems to be doing is to introduce more Bee laws. It was just a rent-a-crowd 1000 delegates or 1000 idiots?
Source: dailymaverick - 🏆 3. / 84 Read more »
SA’s 5th investment conference and the pledges promisedMeta Mhlarhi – Executive Director and Fund Principal, Mahlako Energy Fund; Neale Hill – CEO and President, Ford Motor Company South Africa; Amrote Abdella – General Manager: Sub-Saharan Africa, AWS & Richard Rivett-Carnac – CEO, South African Breweries
Source: Moneyweb - 🏆 5. / 77 Read more »
Ramaphosa announces new R2 trillion investment targetPresident Cyril Ramaphosa has announced a new R2 trillion target as his investment drive enters its next five-year cycle. Now we don't believe in what ever he says 🤑🤭😊🤣😂😷😴!
Source: mailandguardian - 🏆 2. / 92 Read more »
Vodacom commits R60bn investment in SAThe mobile operator made the pledge at the fifth South African Investment Conference to boost network resilience.
Source: ITWeb - 🏆 45. / 51 Read more »
SA overshoots R1.2 trillion investment goal by more than R300bn – RamaphosaThis means that Team South Africa secured at least 25% more investment pledges than it set out in 2018 at the first Investment Conference. With help from SANRAL and IDC Wow that is amazing! Either the bar is too low (unlikely) or CyrilRamaphosa just makes this stuff up as he goes along, clearly oblivious to the reality that the hoi poloi are having to resiliently tolerate. There cannot be a reasonable investment value proposition at present. New cadres Bentleys loading MbalulaFikile
Source: ewnupdates - 🏆 30. / 53 Read more »
ANC tie-up with EFF will deter investment, warns Investec Bank CEOPolitical uncertainty at its highest level since the end of apartheid, says Richard Wainwright Zimbabwe here we come I'd have thought that 10 hrs of loadshedding a day and the Greylisting we're under would be enough to deter investors. Whoever does decide in spite of all of that to invest in the country must be a die hard. There's no other explanation for investing in this country as it is now Thats why im leaving
Source: BDliveSA - 🏆 12. / 63 Read more »