South Africa: important boost of domestic investor confidence

Summary The South Africa Investment Conference has resulted in pledges so far of R128 billion (roughly $9 billion) to be made over the next several years. Much of the money is from existing domestic companies with active operations in South Africa, translating to an important and measurable boost of confidence by investors exposed to and understanding the country’s volatile political-economic directionality. Analysis The South African government of President Cyril Ramaphosa is hosting the three day investor conference with the goal of eventually raising $100 billion over the next five years. The intention of recruiting investment is to stimulate economic growth, …

Please log in to view this content. If you do not have an account you can request access.