'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...


Recommended

by NEWSROOM AI
Read More
WATCH: An in-depth look at pancreatic cancer & treatment options #Change4Cancer

WATCH: An in-depth look at pancreatic cancer & treatment options #Change4Cancer

Xolani Gwala hosts a discussion raising cancer awareness and how to make treatment more accessible.

How the NDPP interviews underway in Pretoria are faring

How the NDPP interviews underway in Pretoria are faring

Eyewitness News Barry Bateman gives updates from the NDPP interviews in Pretoria.

LISTEN: How to successfully do business in Africa

LISTEN: How to successfully do business in Africa

Kerry Petrie discusses Silicon Cape's involvement in the Africa Arena Conference.

Driving investment and creating jobs through InvestSA's One Stop Shops

Driving investment and creating jobs through InvestSA's One Stop Shops

InvestSA has launched its latest One Stop Shop in KwaZulu Natal, bringing hope for more investment and services being available to citizens.

Department of Trade and Industry launches One Stop Shop for investors

Department of Trade and Industry launches One Stop Shop for investors

President Jacob Zuma opened the One Stop Shop in Durban at the weekend.

Opinion: Deployment of soldiers at Sona overshadows progress

Opinion: Deployment of soldiers at Sona overshadows progress

Xolani Gwala says the launch of Invest SA shows governments commitment to creating relationships with business.

Popular articles
3 risks to your retirement savings (and how to mitigate each of them)

3 risks to your retirement savings (and how to mitigate each of them)

Only 5% of South African retirement fund members will retire comfortably. Bruce Whitfield interviews advisor Warren Ingram.

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

Gift of the Givers' Dr Imtiaz Sooliman – angel amongst men – talks about money

"I have no desire for clothes. I have no desire for holidays. I have no desire for outings. All I see is the suffering of people…"

Gauteng Education to do away with old apartheid era feeder schools policy

Gauteng Education to do away with old apartheid era feeder schools policy

The new feeder policies will be implemented by 2020.

Thandeka Gqubule prepared to fight EFF to the end

Thandeka Gqubule prepared to fight EFF to the end

SABC Journalist and part of the SABC 8 Thandeka Gqubule says she has not had any communication from the EFF.

Discovery Bank takes on Capitec Bank, TymeDigital (Patrice Motsepe), Bank Zero

Discovery Bank takes on Capitec Bank, TymeDigital (Patrice Motsepe), Bank Zero

South Africa has a brand-new bank! The Money Show’s Bruce Whitfield interviews Adrian Gore, Discovery Group CEO.

Callers debate Mashaba arresting a man wheeling cow heads in Joburg CBD

Callers debate Mashaba arresting a man wheeling cow heads in Joburg CBD

Mashaba posted a picture of a man pushing a trolly full of cow heads saying that he had him arrested for an "illegal act".

[WATCH] Iceland’s Christmas advert banned- for being too political

[WATCH] Iceland’s Christmas advert banned- for being too political

Khabazela shares tweets and Facebook posts that have gone viral.