SA in no position to take advantage of World Economic Forum

Finance Minister Enoch Godongwana. Picture: Gallo Images/Brenton Geach

While South Africa’s geographic location gives it a strategic edge over the rest of Africa, failure to ensure domestic stability – energy, logistics, ports and rail are in crisis – remains an impediment in a campaign to woo potential investors at the World Economic Forum in Davos, Switzerland, according to experts. The five-day annual forum, which opened yesterday, is attended by political, social and economic heavyweights.

Social Policy Initiative executive director Isobel Frye says government must effectively address the energy crisis “swiftly, ensuring domestic stability… Read More