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‘SA needs reliable power supply to attract investors’

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Reliable and affordable electricity supply are the most important factors in trying to attract a part of the estimated $10 000 billion (R10 trillion) in investment capital for alternative energy sources to South Africa.

This is one of the challenges that government and the business community would have to tackle together, according to Business for SA (B4SA).

This group, established to help government fight the Covid-19 coronavirus pandemic, said that most of the sovereign wealth funds, alternative asset managers and development financiers who hold this capital would only consider investing in South Africa if the country was more attractive to investors.

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