R890 Billion. 81 Projects. 230 000 Jobs
SOUTH AFRICA has launched the most ambitious investment mobilisation drive in its democratic history, opening the second cycle of the Presidential investment campaign with R889.8 billion in confirmed commitments - a figure that rewrites the country's economic narrative with hard numbers and harder ambition. Announced by President Cyril Ramaphosa at the sixth South Africa Investment Conference (SAIC) at the Sandton International Convention Centre, the figure comprises R415 billion in confirmed fixed investment and R474.8 billion in development finance institution (DFI) commitments - deployed across 81 projects in all nine provinces, sourced from 22 markets on five continents, and projected to…
