South Africa remains a top investment destination, despite setbacks: report


Additional reporting by TSA staff.

Brand South Africa has welcomed the release of the 2018 Ernst & Young (EY) Africa Attractiveness Survey, which sees South Africa retain its position as the top Foreign Direct Investment (FDI) destination on the African continent. 

And, even if fake news is spreading about an EFF ‘protest’ curbing investment from Germany, Mzansi is not doing too badly.

South Africa shares the top rank position with Morocco. EY says they are also seeing investment shifting between countries for the first time. 

“South Africa, once the clear leader in attracting FDI, now shares the top rank with Morocco. This is the first time South Africa has been challenged for being the most preferred investment destination (measured by…

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