South Africa is still an attractive investment, with billions flowing in: government

  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 61%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

A recent report from the South African Reserve Banks shows how much foreign direct investment has occurred over the first quarter of 2022.

South Africa remains an attractive and lucrative investment destination, says Alvin Botes, deputy minister of international relations and cooperation.

“Non-residents’ net acquisition of equities of R52.0 billion in the first quarter of 2022 followed net sales of R37.0 billion in the previous quarter, while net purchases of debt securities of R12.3 billion followed net sales of R3.0 billion over the same period.” “This signals that South Africa’s macroeconomic and political fundamentals are in place, reinforcing our position as a credible investment destination.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yes for the anc thieves pretending to run the country you are destroyers not builders in 50 years here will be nothing left because the indigenous people will have pillaged every thing and make no mistake Europe don’t want you or any other country for that matter

colonialism

Wendy94669657 Into Cyril's farm or in loans. That's all.

Hahaha. That's funny. You borrow $750m and then count it as an investment inflow.

And flowing out

...pull the other one

Singapore Singapore Latest News, Singapore Singapore Headlines