The provinces of KwaZulu-Natal , Northern Cape and Gauteng secured the largest investment pledges from big business at the fourth annual South African Investment Conference , securing about R22 billion, R16 billion and R14.8 billion respectively. Read: SAB to invest R920m in its Prospecton and Ibhayi breweries The Northern Cape province secured the biggest investment pledge by a single investor this year, from Norwegian renewable energy company Scatec.
“As we continue along this path of reconstruction and recovery, I call on all investors, entrepreneurs and business people to be part of this journey, for we have embarked on this journey of reform, a journey of recovery and a journey of rebuilding this country, brick by brick, street by street and infrastructure agent by infrastructure agent,” Ramaphosa says.