Investment conference a positive step but much work lies ahead

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OPINION: With R290 billion pledged the investment conference is a positive step but much work lies ahead, writes economist Sanisha Packirisamy

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Ramaphosa works hard at convincing Berlin and business that SA's turnaround is comingCyril Ramaphosa came for a two-day visit to Berlin on 29 and 30 October to woo German businesses to invest in his country and by all accounts he has made great strides. He also succeeded in forging a closer relationship between Germany and South Africa after the fraught Jacob Zuma years. Both countries are currently serving on the UN Security Council. its not hard to run the country properly and hold people accountable for wrong doings within his political party....? its not dealing properly with them that is making it so hard for him...
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Companies pledge R290bn to SA at the investment conferenceAt the SA Investment Conference, major local and international corporates took turns in pledging R290 billion towards investment in South Africa – but there was little detail as to where the money would go It will end go into politicians pocket
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[LISTEN] What Investment Conference means for ordinary South AfricansProfessor Mzukisi Qobo says we can get more [pledges] and can translate them into real investments, but that’s not going to happen if we don’t have structural reform.
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