XHANTI PAYI: Can we turn investment pledges into jobs?

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If R1.14-trillion in investment pledges are to benefit the economy, there needs to be a focus on SMEs, writes XhantiPayi.

In 2018, as part of his new focus on industrialisation, job creation and faster economic growth, President Cyril Ramaphosa announced what many considered to be an ambitious target: attracting $100bn in new investment to SA within five years.

Last week, as he closed SA’s fourth investment conference, he announced: “With the pledges we have received today — and with cancellations and additions we have heard about from investors in previous conferences — we have now taken the total level of investment pledged at the four investment conferences to R1.14-trillion.”..

 

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