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Sandton plays host as SA eyes R2 trillion in fresh investment pledges

South Africa's sixth Investment Conference has opened in Sandton, with government targeting R2 trillion in new commitments over five years, building on R1.5 trillion secured previously.

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Sandton plays host as SA eyes R2 trillion in fresh investment pledges - South African business and economy

Sixth investment summit kicks off with bold five-year target

South Africa's flagship investment gathering got under way at the Sandton Convention Centre on Tuesday, drawing more than 1 200 delegates as the government set its sights on securing R2 trillion in new investment commitments over the coming five years.

The 2026 South Africa Investment Conference (SAIC), now in its sixth edition, has positioned itself as the country's premier platform for courting both global and domestic capital. Convened under the banner 'Invest. Partner. Prosper', the event brings together Cabinet ministers, international investors, development finance institutions and business leaders in a bid to cement the nation's standing as a competitive and credible investment destination.

The conference floor buzzed with activity as companies showcased their products and services ahead of the official programme. The gathering is closely tied to undertakings made by President Cyril Ramaphosa during his 2026 State of the Nation Address, in which he signalled the government's intention to pursue a significantly more ambitious investment target over the medium term.

"We have international delegations coming to South Africa, with the recognition that South Africa is an investment destination, and that it is a place where they can do business."

Presidential spokesperson Vincent Magwenya offered those remarks on Tuesday, stressing that efforts to channel investment into the economy remain a continuous and ongoing endeavour.

Building on R1.5 trillion in earlier pledges

The fresh R2 trillion target builds on a solid foundation laid over five previous conferences, which together attracted R1.5 trillion in investment pledges. Of that total, upwards of R600 billion has already been deployed into the real economy, funding new factories, mining operations and industrial facilities while contributing to job creation and efforts to tackle poverty and inequality.

Organisers have framed this year's conference as a deliberate pivot from high-level planning towards tangible implementation, with government fast-tracking delivery on existing commitments. The event is structured around the so-called "3Ds" framework — Digitisation, Decarbonisation and Diversification — spotlighting opportunities in technology, clean energy and expanded trade partnerships across the African continent.

The summit also serves as the formal launchpad for South Africa's Second Investment Drive and dovetails with the priorities of the 7th Administration, which centre on inclusive economic growth, employment creation, infrastructure development and structural economic reform. Improved investor sentiment has been bolstered by notable progress in areas such as enhanced energy reliability, infrastructure upgrades and broader economic recovery measures.

"Investment mobilisation is a continuous process."

First established in 2018 by President Ramaphosa, the conference has evolved into a cornerstone of South Africa's strategy to attract foreign and local capital, positioning the country as a gateway for investment into the wider African continent.

The push to secure R2 trillion in new investment over five years could accelerate job creation and infrastructure development across the country at a time when unemployment remains stubbornly high. For businesses, increased capital flows into sectors like clean energy, technology and manufacturing may open supply chain opportunities and stimulate growth in secondary industries. Whether these pledges translate into sustained economic activity will depend on the pace of structural reforms and consistent policy implementation in the years ahead.

Source: SA News

Published by SA Press

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