THIS WEEK, we will be hosting the third South Africa Investment Conference. Given the impact of the COVID-19 pandemic, this year’s conference will be held in a vastly different and immensely more challenging environment than last year.
In April 2018, I announced an ambitious drive to secure R1.2 trillion in additional investments over the next five years.
I said that not only is new investment essential to growing our economy, but that it is fundamental to reducing unemployment, poverty and inequality.
Beyond its contribution to national GDP, investment stimulates and supports the growth of local economies, with direct material benefits for our people. It creates work opportunities and full-time jobs, providing people with an income to feed their families and pay for basic amenities.
This income gives them purchasing power and enables them to access credit for buying a home or starting a business.
The income they
You’ve reached your free article limit
Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.
Subscribe nowNeed help? molokom@insidepolitic.co.za
