Just last month, the CDC Group, the UK’s impact investor and development finance institution, announced a commitment to invest over $1 billion in African businesses by the end of 2021.
Many market watchers and analysts believe Dr. Addison’s second term in office will lead to a transformational and incredible outing, which will compel critics to rewrite their notes and rather reference his achievements for strategic planning and de
But the upward trend in foreign investment into the country reversed last year as the country recorded foreign investment of $9.7 billion, representing 59.6 per cent decline when compared to the $23.99 billion recorded in 2019.
South Africa’s credit profile is increasingly constrained by strong, widespread fiscal pressures, including rising borrowing costs and persistently low growth.
Investments in South African funds have been very disappointing, all the more so when you compare performance with similar opportunities elsewhere in the world. Has SA lost its rock star fund managers?