Energy, steel investments praised as Ramaphosa announces R1.14-trillion in pledges - The president said the country has reached 95% of its five-year R1.2-trillion target by 2023
Speaking in Johannesburg late on Thursday at the end of this year’s conference, Ramaphosa said 80 projects had been pledged, translating to investments totaling R330-billion.
“With just one year left to go, we have now reached 95% of the ambitious target that we set four years ago,” Ramaphosa said, saying he expected to exceed the total investment target at next year’s conference. “We have been talking about beneficiation for a number of years, and having spoken about it – preached about it – we’re beginning to see more fruition,” the president said.
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