Ethiopia’s economy is expected to grow at 9% in 2019/2020 financial year according to Finance Minister Ahmed Shide, more than 1.5% higher than the International Monetary Fund’s growth projection of 7.7%.
Business Leadership South Africa’s Chief Operations Officer (COO), Busi Mavuso, says the government’s actions need to posture the country as an attractive investment destination.
ACDP leader Kenneth Meshoe says crime and instability are hindering foreign investment.
The Public Investment Corporation (PIC) has been given until the 13th of March to recover the capital investment of R4.3 billion made to Ayo Technology Solutions.
Transport Minister Blade Nzimande has announced R3.5 billion stimulus projects intended to improve the country’s transport infrastructure.