While South Africans are digesting the news that the economy is not doing well after the GDP figures came in down at 2.3%, some business investors believe that it is not all that bad in the country. They believe that the economy will doing well in the not so distant future. Some economists say some economic spin-offs will show when the investment commitments start to kick in later in the year.
In terms of direct foreign investment over the past few years in South African companies it reflects that many sectors of the economy are experiencing very challenging times. However with business mergers and acquisitions there are posibilities of further investment in South African economy.
For more on this we are joined by Andrew Bahlmann, MD Deal Leaders Africa
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