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Ramaphosa: SA’s Annual Investment Drive Slowly Recovering From ‘historic’ Covid-19 economic shock

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CYRIL RAMAPHOSA|

NORMALLY, this is the time of year when we bring together investors from across the country and around the world for the annual South Africa Investment Conference.
 
We held the first Investment Conference in 2018 as part of our ambitious drive to raise R1.2 trillion in new investment over five years.

The conference was attended by over a thousand delegates in 2018 and 2019, and in 2020 was held in a hybrid format due to the COVID-19 pandemic.
 
Together, these conferences raised just over R770 billion in investment commitments across a wide range of economic sectors.
 
The fourth South Africa Investment Conference would have been held this month, but we decided to move it to March next year due to several other events taking place at this time.

These include the local government elections, the COP26 climate conference and the Intra-African Trade Fair, which starts

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