Show SA is open for business by cutting the red tape
SA is in desperate need of a model suited to quick innovation
In his opening address at the second annual SA investment conference in Sandton, President Cyril Ramaphosa announced that SA is open for business and he wanted to bring in billions in investment commitments. He called on fellow African leaders to keep the investment momentum rolling during the Africa Investment Forum, which ended on Wednesday.
This comes after finance minister Tito Mboweni painted a grim picture of the state of SA’s economy in his medium-term budget policy statement (MTBPS), with economic growth slashed from 1.5% to 0.5%. Add to this the fact that the unemployment rate is at its highest in 11 years, at 29.1%. This is no doubt hovering over Team SA as they scrape for increased investment...
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