https://newsletter.en.creamermedia.com

Businesses optimism rises with reforms

1st November 2024

By: Marleny Arnoldi

Deputy Editor Online

     

Font size: - +

Pharmaceuticals group Aspen strategic trade development executive Stavros Nicolaou has confirmed that the Government of National Unity’s (GNU’s) efforts to accelerate economic growth in South Africa are already bearing fruit, as more foreign companies are looking to invest in the country.

Speaking during a panel at the Southern Africa & Indian Ocean – France Business Forum on October 15, he said the “new dawn” in South Africa’s governance presents opportunities to enhance bilateral relations between South Africa and countries such as France.

He stated that the two countries had many complementary and synergistic factors in their favour.

Nicolaou explained that while South Africa still needed to reach GDP growth of more than 3% to meaningfully create jobs, lower its debt-to-GDP ratio, ensure competitively priced energy, further reduce the ports backlog and improve its high crime and corruption rates, investors stood to gain more than they did to lose by investing in South Africa.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 
Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.207 0.306s - 170pq - 2rq
Subscribe Now