Investment conference
R2K activists protest at Investment Conference; demand action on unemployment
President Ramaphosa has been driving the second Investment Conference, with R363 billion pledged so far.
Rating agencies may be in disagreement but President Ramaphosa was convinced that the investment pledges made at the second investment conference meant business had confidence that the economy was poised for growth in the future.
President Cyril Ramaphosa described as 'gratifying' to witness the commitments of the inaugural conference materialising in the form of new factories, production lines, services, products and jobs.
The president has appointed a special envoy for this very purpose, maintaining that despite its many economic and labour market challenges, the country remained a viable investment destination.
The conference is the second since its inception last year, where government succeeded to raise R300 billion in investment commitments.
It’s expected that while there had been positive policy developments over the past year, delegates at the conference would also discuss some of the factors that continue to be difficult in the business environment.
Potential investors from around the country and abroad are expected to gather in Sandton from Tuesday to Thursday.
This year's investment conference is set to get under way in Sandton on Tuesday evening.
It’s set to take place from 5-7 November at the Sandton Convention Centre and more than 1,000 delegates have already confirmed they would be there.
Professor Mzukisi Qobo says we can get more [pledges] and can translate them into real investments, but that’s not going to happen if we don’t have structural reform.
Talk Radio 702 host Xolani Gwala speaks to the CEO of Business Leadership South Africa and economist Thabi Leoka about the outcome of the conference.
So far, 21 companies invested a total of R290 billion as part of President Cyril Ramaphosa's drive to collect over a trillion rand.
President Ramaphosa walked through Soweto with dignitaries from the Investment Conference held earlier in the week.
On Saturday morning Ramaphosa walked through Soweto with investors, as part of the activities of a three-day investment summit conference taking place in Sandton.
Ramaphosa walked along different landmark sites starting at Vilakazi Street towards Hector Peterson Memorial and Nelson Mandela's House.
Former Finance Minister Trevor Manuel was speaking on the sidelines of the investor conference at the Sandton Convention Centre.
President Ramaphosa has declared the conference an overwhelming success that will yield thousands of jobs for the people of South Africa.
Speaking at the South Africa Investment Conference, President Cyril Ramaphosa said that those responsible for corruption would be made to account for their actions and that the country and its state-owned enterprises were rebuilding.
President Cyril Ramaphosa is hosting over 1,000 delegates including top CEOs from across the world at the Sandton Convention Centre.