Following the successful sixth South African Investment Conference, Trade, Industry and Competition Minister Parks Tau has continued efforts to mobilise business leaders to invest in the South African economy.
Speaking during an engagement with the global think tank, The European House – Ambrosetti (TEHA), held at the Inanda Country Club in Sandton on Wednesday, Tau urged leaders to explore investment opportunities in South Africa.
The Minister emphasised that government has been working to create a conducive environment for investment and has made progress in addressing key constraints.
These include achieving four consecutive quarters of Gross Domestic Product (GDP) growth up to early 2026, securing a sovereign credit rating upgrade, removal from the Financial Action Task Force (FATF) grey list, and the end of load shedding.
“The sixth investment conference was also the platform on which we launched two instruments that directly address the frustrations investors have historically voiced.
“The first is the Fusion Centre — a coordinated government mechanism designed to fast-track regulatory approvals and resolve bottlenecks in real time, with defined timelines and enhanced transparency for investors.
“The second is the planned Omnibus Fast-tracking Act, which will streamline licensing processes, digitise permits, and enable faster visa approvals for scarce skills. Herein, we are engineering a system that works for investors,” Tau said.
He further highlighted energy, minerals and beneficiation, automotive and new energy vehicles and green industrialisation as some of the key sectors that will drive the South African economy going forward.
Tau underscored that South Africa’s path to prosperity is anchored in strong partnerships between government and the private sector. – SAnews.gov.za
