The R500bn lesson: What Kirsh’s success reveals about real investment vs pledges

While R1.5 trillion has been promised at President Cyril Ramaphosa’s investment conference, South Africa’s actual capital formation has plummeted from 20 to 14% of GDP, suggesting that real investment – like Natie Kirsh’s R500 billion business empire built in America – requires genuine structural reforms and competitive markets, not just pledges, writes Tony Leon. “Cyril loves [...]