Ramaphosa Woos Business; Political Anxiety: SA Investment Latest

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South Africa attracted 1.51 trillion ($84 billion) of new investment pledges over the past five years, 26% more than a target set in 2018, President Cyril Ramaphosa said.

New commitments made at an investment conference in Johannesburg on Thursday include those from companies including mobile-phone company Vodacom Group Ltd., miner Anglo American Plc and brewer Heineken SA, Ramaphosa said at a closing ceremony. The government is targeting 2 trillion rand of investment over the next five years, the president said earlier.

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