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South African companies are leading the investment charge – Ramaphosa

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By Cyril Ramaphosa

The success of the sixth South Africa Investment Conference two weeks ago, where we secured a record R890 billion in investment pledges, reflects renewed confidence in our economy.

It was also a milestone in what has been a difficult journey to rebuild our economy in the wake of years of slow growth, a decade of state capture and prolonged periods of load shedding.

Even as we make progress in removing the impediments to investment, the global landscape has become increasingly uncertain and competitive. South Africa is just one of many economies vying for investment at a time when many investors are unsure about the direction of the world economy.

That we have been able to realise a record value in investment pledges despite this difficult climate is an indication of how far we have come.

It is significant that a substantial share of the investment pledges announced

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