The challenges to investment in South Africa

Eskom is only one of the challenges facing South Africa, particularly when it comes to obtaining investments. Courtesy of #DSTV403

JOHANNESBURG - Touting for business as the ratings agency clock ticks.

This is what government is doing at the second South African Investment Conference.

The summit is seen as a major opportunity for economic growth and job creation.

READ: What makes SA an attractive investment option?

President Cyril Ramaphosa delivered the opening address on Wednesday morning.

Last year's inaugural investment conference racked up almost R300-billion in commitments.

Ramaphosa wants to keep it rolling to reach the ambitious R1,2-trillion mark in five years.

READ: Tshwane to be turned into automotive capital of SA

But the challenge of obtaining investments are manifold.

Big pledges can be expected at this conference but, implementation will depend on how fast the government moves with its promised reforms.

Source
eNCA