Poor utilities deter investment in SA, say European firms
They also cite the red tape and costs associated with BEE with some looking to invest in neighbouring countries rather than SA
12 November 2020 - 15:23
European businesses are delaying investment in SA because of poor power and water supply, and the costs of complying with BEE legislation, representatives of an industry body have said.
SA has suffered intermittent power outages since 2008 after Eskom failed to invest adequately in new generation capacity and the provision of other services, such as water, has deteriorated...
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