It will have to be abolished at some time. |
This is causing losses at all sorts of levels, losses in business and losses in production that cannot be denied. If it persists then it will be negative for investment. |
This will lower the cost of capital and the investment hurdle rate, make SA more attractive for foreign direct investment, and support foreign portfolio investment in (local) equities. |
This would increase the attraction of South Africa as a country to invest in. |
When you have an economy that is 35 percent larger than ten years ago and you are still running on the same infrastructure, then you are heading for trouble. |