There has not been sufficient improvement in the performance of key state-owned enterprises (SOEs) such as Eskom and Transnet, which are critical to long-term economic growth, says trade and industry minister Ebrahim Patel.

He was speaking on Tuesday at the prelaunch of the second SA investment conference, scheduled for early November. The conference, which is expected to bring together about 1,500 international and local delegates, is aimed at attracting direct investments worth R1.2-trillion by 2023. It is intended to build on the work of 2018’s event, where R300bn in commitments was made by local and international investors...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now