Financial Digest

Foreign investment on the rise in SA

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Foreign direct investment into South Africa jumped to a five-year high R70,7-billion in 2018.

President Cyril Ramaphosa continues his efforts to attract $100-billion of investment into the country over the next 5 years.

PRETORIA - Foreign direct investment into South Africa has increased to a five-year high in the last year.This figure is up from R26,8-billion the previous year.has increased his efforts to attract $100-billion of investment into the country over the next five years. Foreign companies, including Daimler AG’s Mercedes Benz unit, pledged to invest $20-billion in South Africa, at

 

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