CAIPHUS KGOSANA | Ramaphosa’s ‘investment victory’ is a drop in the ocean

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Cyril Ramaphosa can thump his chest and declare victory, but the truth is this R1.5-trillion has not made a dent in the economy, writes CaiphusK_11

The president has been busy. He’s finally signed off on the board of the South African Broadcasting Corporation after an embarrassing and clumsy late attempt by the ANC to kick former head of news Phathiswa Magopeni off the list of board members recommended by parliament...From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

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CAIPHUS KGOSANA | Ramaphosa’s ‘investment victory’ is a drop in the oceanI went to the convention centre expecting to rub shoulders with captains of industry and top executives in the private sector, but I was mostly bumping into government officials in its elongated corridors. sagezza2 erika170309501 goolammv alfred_cabonena b_shaum Bruceps Blessed11587260 SA_Mum VusiSambo Vusijoshua crimemind3 GaytonMcK Grego26108665 It’s a PR exercise. Nobody is investing in South Africa right now hahah no real businessman would waste their time there they need to keep their staff employed by running their businesses.
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Investment is not good in and of itself: Mavuso'The more roads, ports, railways, factories, energy facilities & other economic infrastructure, the more the economy can produce, generating taxable earnings that can make the country better.' BusiMavuso2 of BLSA_Official. Moneyweb SAIC2023 InvestSA BusiMavuso2 BLSA_Official Duh BusiMavuso2 BLSA_Official Asking for a friend? Does anybody know how much electricity is required for RamaInvest? Or at least the required base load? BusiMavuso2 BLSA_Official
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Power crisis, ICT infrastructure theft threaten SA's investment gains - Ramaphosa | The Citizen💡President Ramaphosa highlights the need to tackle the power crisis and ICT infrastructure theft to safeguard SA's investment gains💸 CyrilRamaphosa TheCitizenNews DigitalEconomy ICTTheft Read more here⬇️ That was the case 5 years ago.... So what has he done in the meantime....?
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Investors address electricity crisis at 5th South Africa Investment Conference: Ramaphosa - SABC NewsPresident Cyril Ramaphosa says the electricity crisis was one of the issues investors addressed at the fifth (5th) South Africa Investment Conference. loadshedding energycrisis Isphukphuku lesi. A liability to our country this one. What is that suppose to mean to the current schedule and darkness?
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South Africa needs more than just big investment numbers: CEOBusi Mavuso, the CEO of BLSA, says that investment is not the only metric influencing economic growth. Stop over complicating the issue. Safety and power stability are 1, but you have to bring the hammer down sooner than later. If Eskom is having to deal with sabotage, then nobody is safe.
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