Annual investment conference shelved until 2022: Ramaphosa

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Sverige Nyheter Nyheter

President Cyril Ramaphosa has postponed the fourth annual investment conference, which was due to take place at this time of the year.

“Two weeks ago I attended the launch of Toyota’s expanded production line in eThekwini, which will produce SA’s first locally-made hybrid car.

“Pharmaceuticals are an exciting new area of growth. Aspen Pharmacare recently launched its R3.4bn expansion which it announced at the 2018 investment conference. This investment has turned Aspen’s Gqeberha manufacturing facility into one of largest global manufacturing hubs for general anaesthetics, and has also provided capacity for more than 100-million doses of the Johnson & Johnson Covid-19 vaccines, produced under contract.

“In addition to the investments they will bring, these developments will also contribute to our collective ambition for the continent to manufacture 60% of its vaccine needs by 2040.”

 

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Ha ha. Like there was ever gonna be any investment.

Still recovering from election loses

Stress

Wise decision. There is no electricity for delegates to do their presentations. No speeches as well as the sound of a generator overwhelming the public address system! 🤬

I've never heard of anybody investing in purgatory.....

I thought you were saying he postponed fourth wave during elections and implementing it in December is that right?

Yeah too busy hampering investment to try and lie. Also he can't host it virtually if there is no power. Welcome to the second phase of the new dawn.

To focus on sabotaging Eskom so that privatizing can resume as soon as possible?

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