'The investment summit was an embarrassing success'

Chief Executive Officer for Business Leadership SA Bonang Mohale says the President has come up with good initiatives to move South Africa forward.

His comments come in light of the country's investment conference last week in which billions of rands was pledged by a number of firms.

The Investment Summit hosted delegates from around the world, local business people and civil societies to talk about investment opportunities in South Africa.

The investment summit was an embarrassing success.

Bonang Mohale, Chief Executive Officer for Business Leadership SA

READ: Investment Summit: More support should be given to SMMEs says Minister Zulu

R294 billion was committed by about 10 companies.

Bonang Mohale, Chief Executive Officer for Business Leadership SA

ALSO READ: 'We are happy the need for energy security was highlighted'

There was never an investment strike. There was a recalcitrant government that was corrupt and rotten to the core and didn't make it easy to provide regulatory certainty and policy stability.

Bonang Mohale, Chief Executive Officer for Business Leadership SA

Listen to what Senior Economist at Argon Asset Management Thabi Leoka had to say...


This article first appeared on 702 : 'The investment summit was an embarrassing success'


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