DStv Channel 403 Sunday, 17 November 2024

SA Investment Conference | Pledge target reached, more needed

JOHANNESBURG - New pledges at this year’s Investment Conference have seen President Cyril Ramaphosa surpass his target of R1.2-trillion set five years ago.

Substantial pledges from corporate giants Vodacom, Anglo American and Heineken pushed the total value of investments since 2018 to a hefty R1.5-trillion.

READInvestment conferences have been productive: Ramaphosa

But investors have raised concerns about the crippling power crisis and safety in the country.

Ultimately it's growth that investors want and fewer barriers that stifle it.

* eNCA's Devan Murugan reports.

Paid Content