Local business must lead on investment, says Jabu Mabuza

Jabu Mabuza, the chair of Eskom and Business Leadership South Africa (BLSA), said on Monday that local businesses needed to affirm their confidence in the country’s economy for international investment to take hold. “Foreign direct investment will only come about at the back of local investment,” he said. “It is important that as we deal with this perception that business has got an investment strike, we actually have to speak to why we are not investing.”