Lerato Mbhiza
President Cyril Ramaphosa praised companies that are fulfilling their investment commitments while speaking at the launch of Procter & Gamble’s Premium Care line in Ekurhuleni, East of Joburg, saying these investments prove the critics of the investment conference wrong.
Ramaphosa applauded P&G for committing to the pledges it made since the inception of the South African Investment Conference in 2018.
The President said these and other investments contribute to the reindustrialisation of the economy to drive growth.
During his midyear budget speech in Parliament last week, Finance Minister Enoch Godongwana said, your investments are well-placed in SA, and you are one of those companies that believe in South Africa’s growth, he said.
“There’s always been very negative criticism in the media, whenever companies have attended that conference; the media has always looked for the fault line. Has always been negatively disposed and said. Well, they’re just announcing figures.
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