‘South Africa remains an attractive investment destination’
AFRICAN MIRROR REPORTER DESPITE the devastation inflicted by COVID-19 on its economy, South Africa remains an attractive destination and has over R773-billion in investments to prove this. This was the strong message from South African President Cyril Ramaphosa in his State of the Nation address delivered last night. Ramaphosa said the country’s third South Africa Investment Conference, held in November last year, raised R108 billion in additional investment commitments. “Together with investment confirmed from the two previous investment conferences, we have now received R773-billion in investment commitments towards our five-year target of R1.2-trillion. Firms have reported that some R183-billion of…