Ntshavheni highlights SA's confidence in investment climate amid concerns

Addressing infrastructure and energy challenges such as load shedding and logistical issues with Transnet, Minister Ntshavheni reassures that these are being actively managed.

Minister Khumbudzo Ntshavheni's statement underscores the South African government's confidence in the country's investment climate despite contrasting media reports. By emphasizing that investor movements are part of normal business operations rather than a reflection of a declining economy, she reassures stakeholders of the stability and attractiveness of South Africa's market.

The reference to significant ongoing investments, such as Volkswagen's R4 billion commitment and the development of the Boegoebaai green hydrogen project, illustrates the point that international and local investors are actively engaging with the South African economy. This is particularly noteworthy in sectors highlighted for growth like green energy and advanced manufacturing, which are seen as future drivers of economic expansion.

Addressing infrastructure and energy challenges such as load shedding and logistical issues with Transnet, Minister Ntshavheni reassures that these are being actively managed. Her comments about the cessation of load shedding and the resolution of logistical bottlenecks in Durban aim to counter perceptions that these issues might deter investment.

Her remarks reflect a broader strategy by the South African government to maintain investor confidence by showcasing ongoing investments, addressing infrastructural challenges, and positioning South Africa as a leading economy in Africa, capable of competing globally for investment. This narrative seeks not only to reassure current investors but also to attract new ones by highlighting the government's proactive measures to ensure a conducive environment for business and investment.