HILARY JOFFE: Slow SA raises doubt that investment conferences serve any purpose
Ramaphosa has another one coming off on Thursday but businessmen and diplomats are frustrated
If you stand at a view site that overlooks the giant processing complex at Exxaro’s Grootgeluk coal mine, you see Eskom’s Matimba and Medupi power stations in the distance.
The coal from Grootgeluk, SA’s largest coal mine and the world’s third largest, is carried by conveyor belts to the power stations, which together supply a big chunk of SA’s electricity. Exxaro partnered with the government to take a party of journalists up to the mine last week, ahead of President Cyril Ramaphosa’s fourth annual investment conference on Thursday...