ENOCH GODONGWANA: SA’s economic reforms will fuel an accelerated pace of investment

Finance minister Enoch Godongwana. Picture: JAIRUS MMUTLE/GCIS

The success that has already been achieved will be highlighted at this week’s SA Investment Conference 2023, where participants will not only take stock of the use of funds pledged during the previous five years, but also set new targets for the time ahead. Already, government has indicated that it will raise its initial target of R1.2-trillion to R2-trillion worth of investments over the next five-year period.

An infrastructure fund was established with R100bn of seed money over a 10-year period to leverage blended financing from private investors and multilateral banks. Investment SA was established as a single point of entry for infrastructure planning, management and delivery. The ERRP recognises that the country will not achieve long-term gains unless it is underpinned by a range of policy actions designed to create the enabling conditions for sustained economic growth.

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President Ramaphosa's drive for R1.2 trillion investment almost realised - SABC NewsSouth Africa’s Investment Conference has to date achieved 95% of its R1.2-trillion target. Since 2018, government has been on a mission to attract over a trillion rand in investments. Except we have not seen as single job created as a result. Instead we have repeatedly lost thousands of jobs. Where and how is this investment actually going to start benefitting South Africans? Lol 🤣🤣🤣😂 yet citizens are swimming in pool of poverty and lost their jobs lol 😂😂🤣🤣 ifilimi scam , Bitcoin administration Weird how the people don't see any of it. Crime is at its highest, service delivery at its lowest, filth all over, borders open to criminals. Show me the money !!
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