Editorial staff
2 minute read
20 Jul 2022
5:45 am

Government has failed to create conditions that encourage foreign investment

Editorial staff

Its failure to protect infrastructure from looting and destruction has seen vital import and export routes faltering.

Picture: iStock

In modern-day South Africa, it seems our islands of excellence are increasingly being threatened by the spreading flood of incompetence. In Gqeberha in the Eastern Cape, motoring manufacturing and assembly plants are some of the jewels in South Africa’s industrial crown. Ford recently invested R600 million into its engine facility there, along with a massive R15.8 billion commitment in the expansion of its factory in Silverton, Pretoria. ALSO READ: Car sales, manufacturers smiling as business confidence increases in first quarter Global corporations like Ford do not do this because they like South Africa or feel they owe us something because...