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SA investment drive exceeds targets

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Pledges at the annual South Africa Investment Conference (SAIC) over the past four years have exceeded President Cyril Ramaphosa’s target of R1.2 trillion in investments by some R306 billion – overachieving the target by 26%.

Investment commitments abound at SAIC

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The morning session of the South Africa Investment Conference (SAIC) has seen a number of companies making significant investment commitments.

Energy Transition presents opportunities for investment

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Chief Operations Officer for the Industrial Development Corporation (IDC), Joanne Bate, says although the Just Energy Transition is expected to bring challenges to businesses and society, it also presents “major opportunities” not only for bigger companies but also for SMMEs and for localisation.

Justice committee holds hearing into Bester escape

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Portfolio Committee on Justice and Correctional Services Chairperson, Gratitude Magwanishe, says South Africans should feel safe in their country, and that their security should not be compromised in any way.

SA reaches R1.2 trillion investment target

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While the target of reaching R1.2 trillion worth of investments has been successfully reached at the fifth South African Investment Conference (SAIC), currently underway, President Cyril Ramaphosa this morning set a new target for the country for the next five years.