‘Re­silient’ SA still open for busi­ness

The Star Late Edition - - BUSINESS REPORT - Staff Re­porter

PO­LIT­I­CAL un­cer­tainty in South Africa was nowhere near on the same scale as in the US and the coun­try’s re­silience should count for a lot with the in­ter­na­tional in­vest­ment com­mu­nity.

This was ac­cord­ing to Brand South Africa chief ex­ec­u­tive Dr Kings­ley Makhubela as he pre­pared to sell the coun­try at the 47th An­nual Meet­ing of the World Eco­nomic Fo­rum (WEF) in Davos-Klosters, Switzer­land, next week.

He coun­tered talk of po­lit­i­cal un­cer­tainty at home by say­ing that there were se­ri­ous ques­tions when one used the same barom­e­ter on the US po­lit­i­cal scene, where Don­ald Trump is on the verge of step- ping into the White House.

“Here, changes are within the same party, but there is no pol­icy shift that would shock the mar­kets.”

Makhunela said Brand SA would be go­ing to Davos to con­tinue the theme of the past few years that South Africa was “Open for Busi­ness.”

PHOTO: ITUME­LENG ENGLISH

Brand SA chief ex­ec­u­tive Kings­ley Makhubela dur­ing an in­ter­view in Houghton.

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