South Africa hosts global investment summit

by AKANI CHAUKE 
JOHANNESBURG, (CAJ News) – SOUTH Africa is set to welcome more than 1,000 delegates from over 50 countries to the sixth South Africa Investment Conference (SAIC), reinforcing its ambition to position itself as a leading investment destination in emerging markets.

Hosted in the financial hub of Sandton, the conference has, since its launch in 2018, evolved into a key global platform connecting international investors with opportunities across Africa’s most industrialised economy.

It brings together government leaders, financiers, development institutions and private sector players to unlock partnerships and drive foreign direct investment.

President Cyril Ramaphosa said the country continues to offer a compelling value proposition despite global economic uncertainty.

“We are Africa’s largest economy with a diversified industrial base,” Ramaphosa noted.

“Since we began our first R1.2 trillion investment mobilisation drive in 2018, we have secured investment pledges across sectors including mining, healthcare, automotive and food and beverage.”

South Africa has also emerged as a continental leader in renewable energy investment, with green projects accounting for a significant share of commitments made at previous conferences.

Ramaphosa emphasised that policy certainty and regulatory stability remain central to attracting capital.

“We have a sound policy and regulatory environment… and we are a gateway for businesses looking to expand into Africa,” he said.

Recent economic indicators have strengthened the country’s case.

By the end of 2025, South Africa recorded four consecutive quarters of growth, while national debt stabilised and job creation improved.

The country also received its first sovereign credit rating upgrade in 17 years and was removed from the Financial Action Task Force grey list—developments widely seen as boosting investor confidence.

Structural reforms under Operation Vulindlela have driven progress in key sectors, including energy, logistics, water and telecommunications.

“We have brought load-shedding to an end and are creating a new, competitive electricity market that will ensure energy security and attract investment,” Ramaphosa said.

The logistics sector is also undergoing transformation, with increased private sector participation in rail and port operations.

Major initiatives include upgrades to export corridors and long-term concessions such as the R11 billion Durban Container Terminal Pier 2 project.

Additionally, access to the freight rail network has expanded, with slots allocated to private operators.

To enhance competitiveness, the government has introduced visa reforms aimed at attracting skills and boosting tourism.

“These include operationalising the Remote Work Visa, introducing a Trusted Employer Scheme and piloting an Electronic Travel Authorisation system,” Ramaphosa added.

The conference builds on strong momentum. By 2024, South Africa exceeded its initial investment target by 26%, securing R1.57 trillion in pledges and initiating over 300 projects—many already completed or under construction.

These include major investments in mining and automotive manufacturing, contributing to job creation and industrial growth.

Looking ahead, South Africa aims to mobilise R2 trillion in new investments by 2028.

“Our focus now is on implementation,” Ramaphosa said, signalling a shift from commitments to delivery as the country seeks inclusive and sustainable economic growth.

– CAJ News