Tag ArchivesCyril Ramaphosa

Ian Matthews, Head of Business Development at Bravura

Protection of Investment Act may deter foreign investment even further

President Cyril Ramaphosa activated the controversial Protection of Investment Act, by publication of a notice in the Government Gazette, on Friday 13 July. The Act was signed into law by former President Jacob Zuma in 2015, and foreign investors were waiting on tenterhooks as to the commencement date of the law. The law was controversial […]

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President Cyril Ramaphosa

Surge in consumer confidence reflects #Ramaprogress

  By Christie Viljoen, PwC Economist. The Bureau for Economic Research (BER) reported on April 25th that South African consumer confidence rebounded during the first quarter of 2o18. In fact, sentiment jumped to the highest on record during the period. The improvement between 2017Q4 and 2018Q1 was also the largest on record, eclipsing the jump […]

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Wheat field

Expropriation without Compensation puts investment envoys in impossible position

President Cyril Ramaphosa’s plan to dispatch a team of respected envoys to promote investment in South Africa is to be warmly welcomed, the Institute of Race Relations (IRR) says. (more…)

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President Cyril Ramaphosa

Ramaphosa launches new investment drive

In the State of the Nation Address in February, President Cyril Ramaphosa announced that a central priority for government this year is to encourage significant new investment in the economy. Today, the president launched an ambitious new investment drive. (more…)

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 Malusi Ndlovu

Budget to address reliance on state

This week the South African Finance Minister will outline the government’s top-level financial plan to tackle the country’s growing fiscal deficit. To avoid a further credit rating downgrade, and maintain the momentum created by a renewed sense of business confidence, the 2018 National Budget will need to explicitly outline how the state plans to strengthen […]

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Tumisho Grater

Will Ramaphosa be the turning point South Africa needs?

By Tumisho Grater, economic strategist, Novare. After much anticipation, ultimatums and postponements, South Africa survived a very eventful and challenging week. The newly sworn-in President, Cyril Ramaphosa, took to the podium for his first State of the Nation Address (SONA) on Friday night and the change in leadership introduced a sense of renewed hope in the future […]

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Former President Jacob Zuma

Shown the door, Zuma steps out

President Jacob Zuma resigned with immediate effect on 14 February, after the ANC decided to proceed with a no-confidence vote against him. Cyril Ramaphosa will become acting president and the National Assembly has 30 days to choose a replacement for Zuma. Ramaphosa will likely be elected in a permanent capacity and will deliver the State […]

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What a truly ‘radical’ SONA would sound like

Today’s State of the Nation Address will be a critical indicator of the prospects of the optimism generated by Cyril Ramaphosa’s ascendancy being turned into real improvements in the lives of people. The key issue is what SONA will reveal about the policy direction that South Africa will take. (more…)

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