Ramaphosa's conference bags R363bn in new investments

[surface]

How about a completed car getting final checks and the ops manager finds eaten chicken left overs in the glove compartment.

Or the 1 where acompeted car gets fuel and none of the fuel lines on the tank are connected.

Very funny. Do you recall if ops manager was khumalo or govender?

 

[MachoPants]

Very funny. Do you recall if ops manager was khumalo or govender?

Neither, more European

 

[surface]

Neither, more European

Well done.

 

[BBSA]

 

[flippakitten]

"investments"... etolls were also an investment...

So what does South Africa have to pay for those "investments"?

 

[TysonRoux]

Slow like the SOE's .......

Slow pace of transformation in private sector a concern for Ramaphosa

President Cyril Ramaphosa has raised concerns about the private sector's inability to fasttrack the empowerment of black workers.

www.sowetanlive.co.za

 

[The_Right_Honourable_Brit]

SA’s big investment hopes may turn out to be hype

As the pandemic forces companies to review capital expansion plans, the state’s $100bn investment target is under threat

www.businesslive.co.za

Turning out all to be a lot of hot air as predicted by many in this thread (except the usual ANC cadres)

The fallout of the coronavirus pandemic and the government’s lockdown may threaten President Cyril Ramaphosa’s investment drive, with companies such as Sappi and Growthpoint reviewing spending plans that formed part of R360bn worth of investment commitments made in 2019.

This is a bad sign for Ramaphosa’s goal of achieving his target of $100bn (about R1.7-trillion) in investment over five years, which was announced to much fanfare in 2018.

Fixed investment in SA, particularly in infrastructure, has been a rallying point for Ramaphosa’s administration and is looked at as the linchpin for recovery plans to get SA out of its economic hole.

Global paper and packaging maker Sappi, which announced R14bn worth of expansion projects in the coming six years at last year’s investment conference, told Business Day that the pandemic has interrupted these plans.

 

[DreamKing]

SA’s big investment hopes may turn out to be hype

As the pandemic forces companies to review capital expansion plans, the state’s $100bn investment target is under threat

www.businesslive.co.za

Turning out all to be a lot of hot air as predicted by many in this thread (except the usual ANC cadres)

only idiots would believe CR...

 

[Hemi300c]

SA’s big investment hopes may turn out to be hype

As the pandemic forces companies to review capital expansion plans, the state’s $100bn investment target is under threat

www.businesslive.co.za

Turning out all to be a lot of hot air as predicted by many in this thread (except the usual ANC cadres)

It's ok they have two areas covering their BS -Apartheid and Covid-19

 

[tin4444]

It’s covid’s fault.

 

[Johnatan56]

SA’s big investment hopes may turn out to be hype

As the pandemic forces companies to review capital expansion plans, the state’s $100bn investment target is under threat

www.businesslive.co.za

Turning out all to be a lot of hot air as predicted by many in this thread (except the usual ANC cadres)

What's crazy is that most of that "investment drive" were investments that were going to happen anyways. This is not a case of "extra" investment, but rather the investment that was already going to happen failing.

 

[access]

the sale of limpopo and its resources to china is probably also being counted and part of this "investment drive"