Cyril picks a number, any number…

About this episode

Peter Bruce critiques President Cyril Ramaphosa's investment targets at the South African Investment Conference.

President Cyril Ramaphosa will tell delegates at the Sixth South African Investment Conference this Tuesday morning that he plans to raise R2 trillion in news fixed investment over the next three years. Or five years, depending on which articles you read on the Presidency website. Peter Bruce argues in this Podcast from the Edge monologue that Ramaphosa deliberately sets himself soft targets ,he knows he can reach. And R2 trillion doesn’t come close the to 25% of GDP in fixed investment per year the economy needs to grow fast enough to make a real dent in unemployment. So let’s not get too excited. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

People in this episode

Host: Peter Bruce

Topics covered

• investment
• economy
• unemployment
• politics
• South Africa

Keywords

• Cyril Ramaphosa
• investment
• GDP
• unemployment
• South Africa

Mentioned in this episode

Organizations: South African Investment Conference, Presidency, Simplecast, AdsWizz

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