South Africa attracted R1.51 trillion of new investment pledges over the past five years, 26% more than a target set in 2018, President Cyril Ramaphosa said.
New commitments made at an investment conference in Johannesburg on Thursday include those from companies including mobile-phone company Vodacom, miner Anglo American, and brewer Heineken SA, Ramaphosa said at a closing ceremony.
The government is targeting R2 trillion of investment over the next five years, the president said earlier.
Key investment pledges on Thursday:
|Company||Amount (Billion Rand)|
|New Development Bank||25.9|
|South African National Roads Agency||19.7|