THE UGLY

Finweek English Edition - - THE WEEK -

South Africa was ex­cluded from the top 25 coun­tries listed in AT Kearny’s an­nual for­eign di­rect in­vest­ment (FDI) con­fi­dence in­dex for the sec­ond year in a row, as there is a “per­cep­tion of an in­se­cu­rity of in­vest­ments”, AT Kear­ney’s Africa re­gion head Wim Plaizier told En­gi­neer­ing News. The 500 re­spon­dents sur­veyed were from com­pa­nies with an­nual rev­enues of more than $500m. The US topped the in­dex, fol­lowed by China, Canada and Ger­many. Re­serve Bank data showed that FDI to SA dropped from R62.6bn in 2014 to R22.6bn in 2015, the low­est level in nom­i­nal terms since 2006.

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