Ramaphosa's R360bn investment pledges seen as good for his political capital
However, independent political analyst Dale McKinley has cast doubt on whether the investment commitments would lead to job creation and other remedies needed to revive the struggling economy.
Sacci: SA needs more than R3bn in investment to reach sufficient economic growth
Over R3 billion in investment commitments was raised over the course of the three-day investment conference this week.
SA's manufacturing production decreases by 2.4% - Stats SA
This comes after S&P Global on Wednesday hinted at a possible downgrade when the company releases data on its ratings review of the country this month.
Gordhan & Mboweni agree action needed to rescue SA economy
Cabinet ministers who took part in discussions at the second Investment Conference on Wednesday agreed that what stood in the way of plans to rescue the economy was action.
Ramaphosa hails R363bn investment commitments as vote of confidence in SA
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.
Report: SA could be downgraded by S&P Global
Over R100 million in investment was pledged by various businesses at the conference, with industry leaders saying the country has made progress on various issues, including policy certainty.
Billions in investments flow in to improve SA’s economy
The gathering is part of President Cyril Ramaphosa's investment drive to raise R1.2 trillion to improve the country's low economic growth and deal with the 29.1% unemployment rate.
Ramaphosa: SA a viable, profitable investment destination
President Cyril Ramaphosa said that South Africa's capacity was in the form of its people, natural & mineral resources, world-class infrastructure and a well-regulated financial and banking sector among other things.
Investment conference no gimmick, says Ramaphosa
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.
Ramaphosa seeks to bring in R3 trillion at investment conference
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.
Walk the talk on growing SA's economy, Cosatu tells govt & business
The conference is the second since its inception last year, where government succeeded to raise R300 billion in investment commitments.
SA investment conference ‘opportunity to have frank discussions with business’
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.
Ramaphosa celebrates launch of Tshwane automotive special economic zone
The initiative is projected to raise investment amounting to R3,6 billion and create 6,700 jobs.
Cabinet approves combating drugs, national childcare policies among others
Cabinet gave the thumbs up to the national drug master plan which outlines strategies to combat the abuse of drugs in the country.
Cabinet calls on South Africans to rally behind plan to rescue Eskom
The plans, which included the implementation of the unbundling programme, were contained in a paper which was launched by Public Enterprises Minister Pravin Gordhan this week.
Cabinet welcomes Mboweni's plan to deal with public spending
Minister in the Presidency Jackson Mthembu said government was optimistic that if South Africans bought into the commitments detailed in the plans, the country’s economy would grow.
Mboweni: Ratings agencies will understand SA's economic difficulties
Although economists have said the country would likely dodge a rating cut, concerns had been raised about whether this would remain the case following Mboweni’s bleak Medium-Term Budget Policy Statement (MTBPS).
Mboweni issues warning on rising national debt
The Finance Minister says that the persistent gap between revenue and expenditure would push the debt to GDP ratio even higher over the next ten years.