Mashatile makes the business case for investing in SA

By Simon Nare

Deputy President Paul Mashatile has committed the government to removing red tape to economic growth and expanding the economy by above 3% in the medium term.

Addressing the Biznews Conference at Hermanus in the Western Cape on Thursday, Mashatile said South Africa had no excuse not to grow its economy as it boasted a range of natural recourses with gold being the most significant.

It was also a country with vast agricultural land and property assets suitable for real estate development and all these options opened a window to investors to accumulate wealth.

“Government is committed to removing blockages to economic growth, lifting economic expansion to above 3% in the medium term and creating a cycle of investment, growth and jobs,” he said.

The deputy president said that in keeping up with the Fourth Industrial Revolution, the government was looking at specific investments and collaborations.

“In this