South Africa has many of the ingredients required for successful economic development yet over the past few years our growth rates have been weak. An important indicator is the low rate of investment in the economy - both domestic and international investment. This Development Dialogue discussed South Africa's investment climate, considering the progress that has been made in recent years and to unpacking some of the challenges and opportunities.
Agenda
Welcome and opening remarks - Rashmee Ragaven (the dtic)
Danae Govender (TIPS) - Presentation on FDI tracker and investment data
Dr Alistair Ruiters (The Presidential envoy) - Role of the Presidency in driving investment
Eustace Mashimbye (Proudly SA) - Growing investment in SA
Dr Neva Makgetla (TIPS) - Outcomes of the investment climate research
Dr Anthony Costa (BUSA rep with B20) - A private sector perspective
Discussion
Speakers
Danae Govender is an economist at TIPS, in the Inclusive Industrialisation and Trade Promotion workstream. His work revolves around the metals value-chain, South Africa’s exports, inward foreign direct investment, regional integration, and the electrical equipment manufacturing subsector.
Dr Alistair Ruiters is the President’s special advisor on investment promotion. He was previously DG of the DTIC from 2001 to 2005.
Eustace Mashimbye serves on the boards of The Business Place and the South African Savings Institute, where he previously chaired the Audit and Risk Committee. He spent a decade as CFO at Proudly South African, also serving as Acting COO and CEO, before being appointed permanent CEO in December 2016.
Dr Neva Makgetla is a Senior Economist at TIPS. Makgetla has published widely on the South African economy and worked for many years in government.
Dr Anthony Costa is currently the BUSA representative to the B20, seconded by Nedbank. He was previously seconded to the Presidency to support the presidential investment drive.
PRESENTATIONS
Danae Govender (TIPS) - Insights from the FDI Tracker 2024-Q1 to 2025-Q3
Eustace Mashimbye (Proudly SA) - Make local your business
Dr Neva Makgetla (TIPS) - Outcomes of investment climate research