Global foreign direct investment (FDI) flows will be hit in 2020, as the world grapples with the effects of the coronavirus and multinational firms slow down capital spending and their profits shrink, the UN’s trade body said on Monday.

FDI is expected to shrink between 5% and 15%, depending on the severity of the spread of the disease, the UN’s Conference on Trade and Development (Unctad) said in a special edition of its investment trends monitor. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.