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In 2018, as part of his new focus on industrialisation, job creation and faster economic growth, President Cyril Ramaphosa announced what many considered to be an ambitious target: attracting $100bn in new investment to SA within five years.

Last week, as he closed SA’s fourth investment conference, he announced: “With the pledges we have received today — and with cancellations and additions we have heard about from investors in previous conferences — we have now taken the total level of investment pledged at the four investment conferences to R1.14-trillion.”..

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