Explainer: Why foreign investors are not investing in South Africa

Why are foreign investors afraid to invest in South Africa?

In search of answers, Briefly.co.za scoured the internet to find out why.

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1.

The Zuma years are probably the biggest reasons why investors are not looking to invest in the country.

It has done huge damage to investor confidence.

Then, there’s also the Steinhoff saga.

Numerous investors were left shocked about the debacle.

This has likely casted doubt on companies in South Africa in generally.

However, he pointed out there are companies that are upskilling employees.

Meawhile, visas have been a challenge too.

Maree said government is highlighting the fact that visas need to be more accessible for investors.

These questions have led to investors losing their appetite to invest locally.

Maree said investors mainly want policy certainty and continuity.

Investors also want certainty over policies such as B-BBEE and the regulation of the financial sector.

During her visits abroad, Verwoerd asked investors what would change their minds.

Investors told her they were positive about Ramaphosa.

They agreed he was the right person for the job to ensure the economy grows.

But, the investors were clear: They want political stability before investing in the country again.

They also want that stability maintained.

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