SA benefits as investors steer clear of pariah Russia.
SARB’s quarterly bulletin report showed SA recorded FDI inflows of R27.2bn in Q1:2022, up from R22.7bn in Q4: 2021 – a great barometer of investor confidence. In a separate story from Cape Business News, it reports that the Western Cape remains a key inward destination for FDI into South Africa, accounting for close-on 21% of all inward projects, and approximately 11% of all inward CAPEX over the period 2012 – 2021. Further policy reforms, such as those made in energy generation, will surely attract more investment in the renewable energy sector.