Government sets R1.2-trillion investment target

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Trade and Industry Minister, Ebrahim Patel and the presidential economic advisor, Trudi Makhaya set the tone for the third investment conference.

The third investment conference goes ahead next week despite all the COVID-19 damages. CourtesyThe South African government has set a target of R1.2-trillion in investment for the next five years, with pledges amounting to R664-billion so far.

On Monday, Trade and Industry Minister, Ebrahim Patel and the presidential economic advisor, Trudi Makhaya set the tone for the third investment conference set for next week. This partly virtual conference will aim to preserve pledges already made, with little focus on fresh investment.Watch the video above for more details on this story.

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 /  🏆 49. in ZA
 

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The have realized that R500 billion is not enough now they want to loot trillions this Gov isenza izilima.

And over inflated BEE contacts for ANC friends will amount to how much? Only idiots would work with these thieves

Heyyyyy ? This bloke ( minister ? ) has reappeared 😁...been hiding all embarrassed after telling us we can only buy t-shirts on a Thursday if we're left-handed vegans who shop at Checkers....( or something like that 😁🤣😜 )

... invest in a racist, criminal, corrupt country ?

This is a good idea but we need to get rid of corruption if it is bear fruit.Corruption leads to economic erosion no investor wants that. I applaud the Minister for the great idea ,I hope he gets the support required.

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