SA rioting and civil unrest: Economic pain and long-term impacts – Mike Schüssler
“SA has just tentatively started to recover following the worst recession in 100 years, and the riots will act as a further hurdle to the economy.”
“SA has just tentatively started to recover following the worst recession in 100 years, and the riots will act as a further hurdle to the economy.”
Mozambique’s flagship gas deal worth billions has attracted the attention of terrorist groups including Isis which could pose a security threat for SA.
In episode eight of Inside Covid-19 we get an on-the-ground report from Shanghai to assess the timeline for South Africa to get back to some normality.
Sara Gon has cut through the delicate political issues to respond to the anti-Israel narrative that is negatively impacting on South African efforts to attract much-needed FDI.
Attracting foreign investment is absolutely key to President Cyril Ramaphosa’s plan to kickstart the sluggish South African economy.
FDI into South Africa will continue to decline, or remain static unless Government implements measures to appropriately protect foreign investors.
India is aspiring to compete with the likes of Singapore and Hong Kong for foreign entrepreneurs by offering residence in return for investment.
Wealthy South Africans with $500k to spare can obtain a green card for themselves and their immediate families to the United States.
In the wake of Brexit, entrepreneurial skills, a financial investment and a commitment to create employment, offer an attractive route to South Africans keen to acquire British residency and citizenship.
The 2016 annual report of the trade and development arm at the United Nations, UNCTAD, reports Foreign Direct Investment (FDI) into South Africa plunged 69% last year to a paltry $1.8bn, the lowest in a decade.