PRESIDENT Cyril Ramaphosa, in his weekly letter, said the fourth South African Investment Conference, which would have been held this month has been moved to March next year owing to several events, including the local government elections, the Conference of the Parties (COP26) climate conference and the Intra-African Trade Fair, which will be held in eThekwini next week.
Another important reason for holding it next year is that there will be far greater Covid-19 vaccination coverage by then, making both travelling and gathering easier, he said.
“An important part of our investment drive are the far-reaching structural reforms we are undertaking in areas such as energy, telecommunications, water and ports and rail. These reforms will improve efficiency and competitiveness, bringing down the cost of doing business in South Africa and encourage greater private investment in our economic infrastructure,” Ramaphosa added.
“While the rate of investment has slowed owing to the effects
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