Businesses need certainty, to see clearly the rules of engagement for investing in South Africa.
Sentiment: POSITIVE
The way forward for Africa is investment.
Those who invest in South Africa should not think they are doing us a favor; they are here for what they get out of our cheap and abundant labor, and they should know that they are buttressing one of the most vicious systems.
Africa needs access to markets.
If we continue doing the right things in Africa, we can create a very exciting and competitive global market here.
This is the strange thing about South Africa - for all its corruption and crime, it seems to offer a stimulating sense that anything is possible.
In Africa today, we recognise that trade and investment, and not aid, are pillars of development.
I've heard people say South Africans are arrogant, that they act no differently from their colonial masters. That needs to change. It's in your business interest as an entrepreneur to form meaningful partnerships. That's how you do well for your shareholders.
Obviously, South Africa is our most important market, but we are also gradually increasing our presence throughout East and West as well as North Africa. It is a continent with a lot of potential which we plan to tap into.
I have learned that nothing is certain except for the need to have strong risk management, a lot of cash, the willingness to invest even when the future is unclear, and great people.
We view South Africa as one of our closest strategic partners in the developing world and in the African continent.
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