Capex needs to triple to lift growth, Nedbank survey shows
Survey says upturn in investment cycle is positive news
13 February 2025 - 13:33
UPDATED 13 February 2025 - 23:11
The value of announced capital projects jumped last year, led by government and state-owned enterprises, and this bodes well for a turnaround in SA’s fixed investment spending in coming years, Nedbank’s capital expenditure survey suggests.
But speakers at the survey’s launch said investment spending needed to be doubled or tripled to provide a meaningful boost to economic growth...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.