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South African investment conference raises R109-billion

South African investment conference raises R109-billion

AFRICAN MIRROR REPORTER THE South African economy, battered by COVID-19, has received a timely boost - the government has raised R100-billion at the third investment conference hosted in Johannesburg. South African president Cyril Ramaphosa has described the conference as a huge success and said focus would now be on implementing the many projects that have attracted investment funding. Ramaphosa was pleased and said the pledges at the 2020 conference showed that South Africa was on track to raise the R1.2-trillion target that was set in 2018. The R109-billion pledged this year by five companies, brought the total of pledged investments…
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