“Investment Summit could prove effective”- Analyst

Economic analysts believe the inaugural South Africa Investment Summit could prove effective in attracting investment – provided that the government adequately showcases the country’s potential.

They say government must also make clear the conditions for investment, such as the need for skills training and development in various other sectors beside mining and agriculture.

President Cyril Ramaphosa is to deliver the opening address of the summit on Friday morning in Sandton, north of Johannesburg.

Senior lecturer at the Wits Business School, Dr Thanti Mthanti discusses the expectations.

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Meanwhile, delegates have starting trickling into the Sandton Convention Centre for the start of the summit.

Security has been beefed up in and around the the Sandton Convention Centre. Access into the Sandton Convention Centre is only granted to those with accreditation tags.

A 1000 delegates which include, government officials, company CEOs and prominent businessmen and women are expected to attended the summit.