South Africa: Beyond Hooking Up - Attracting Long-Term Investment Requires a Different Approach

analysis

Summits, targets, and envoys are a good start to attracting much needed FDI to our shores, but they are not going to be enough. Nor is the nostalgia of #ImStaying. There are good, logical reasons for local investors to keep their money on home ground, and for new ones to enter - but only if government can get its act together.

Foreign direct investment flows to Africa rose to $46-billion in 2018, an increase of 11% on 2017 according to UNCTAD's World Investment Report 2019. Of this, South Africa received $5.3-billion, against outflows of $4.5-billion.

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