SA woos UK, Ireland for foreign investment

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Paul Mashatile Notizia

Government Of National Unity

South Africa is the second largest destination for British FDI in Africa.

Deputy President, Paul Mashatile told UK entrepreneurs South Africa is primed for investment. Picture: The Presidency/XJudging by the visit of Deputy President Paul Mashatile and his delegation to Ireland and the UK, it seems that the Government of National Unity is on a charm offensive to attract foreign investment, especially for critical infrastructure, just energy transition and technology start-ups and to boost bilateral trade.

The thrust of the GNU mantra has been: “Building investor confidence in South Africa and driving foreign direct investment into SA”. A stocktake and impact assessment and measurement of the transformative nature of government policies in such a short GNU gestation period may dispute the government’s line.When Team GNU indulge in foreign forays, it is vital to avoid the temptation of over-indulging in a rhetoric of aspirations that will put off some investors.

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Fonte: TheCitizen_News - 🏆 6. / 75 Leggi di più »