South Africa attracted R100 billion in foreign direct investment (FDI) last year, equal to 1,4% of the country’s gross domestic product (GDP).
“South Africa has many positive attributes for foreign investors,” says Olusegun Zaccheaus, leader of PwC West Africa’s consulting business, Strategy&.
In its South Africa Economic Outlook report for 2024, PwC notes that the perception among non-residents of South Africa’s public governance and business ecosystem is ‘moderately positive’ on average.
“South Africa’s performance is near the middle of the pack when countries are ranked, not as dismal as some might think,