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Investment pledges of R363bn a ‘vote of confidence in South Africa’
Investment commitments worth R363-billion where made by domestic and foreign firms at the second South African Investment Conference on Wednesday, eclipsing the 2018 figure by some 17%. President Cyril Ramaphosa welcomed the commitments as a “vote of confidence” in South Africa and said that the investments would lead to the creation of 412 000 direct jobs over the coming five years.
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