Red tape and state regulation strangling fixed investment, says Investec
Pace of structural reforms to end load-shedding seems to be reaching a plateau, says analyst
29 January 2024 - 18:22
Investec, the specialist bank and wealth manager with operations in SA and the UK, has warned that state regulation and red tape in approvals for initiatives to end load-shedding — as well as its inability to resolve freight bottlenecks — will continue to hamper the country’s fixed investment.
SA needs investment for strong and sustainable economic growth. Fixed investment also leads to job creation and helps alleviate poverty...
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