The dams are almost empty‚ most people don’t bath‚ and even the mayor struggles to hold on to her job – but central Cape Town is still the place to be‚ according to the annual State of Cape Town Central City Report.
Despite a year of great political and economic uncertainty, compounded by the worst drought in 100 years, the City of Cape Town has continued to attract investment.
The South African film and television industry continues to attract Foreign Direct Investment (FDI) and create employment for the services sector, despite the economic challenges that South Africa experienced.
Zimbabwe’s vast mineral wealth, especially its lithium deposits, have foreign investors beating a path to Harare.
South Africa has more than R220 billion worth of investments in the project pipeline for the mining industry which include the platinum group metals (PGMs), industrial minerals, energy and non-ferrous metals.
Liquid Telecom has invested more than R1 billion into expanding its datacentre facilities in Johannesburg and Cape Town to support the rising demand for cloud-based services.
Investment into African tech startups hit the highest levels since records began in 2017, with 159 startups raising in excess of US$195 million.
The recent collapse in the Steinhoff International’s share price has provided the opportune time to reflect on the fundamental pillars of portfolio construction and the effects of concentrating your portfolio in a few positions.
ANC president Cyril Ramaphosa says South Africa is open for investment and that, among its other economic goals, the ANC will preoccupy itself with ensuring policy stability to attract more financing.
Naspers is in talks to lead an investment of as much as 2.5 billion rand ($200 million) in India’s Swiggy to increase its stake in the online food-delivery company, according to two people familiar with the matter.