Investors urged to take a stand on pressing economic reforms – IRR
17 November 2020
Investors attending this week’s South Africa Investment Conference are urged to press for real, sustainable growth in their engagements with the government, and add their voice to calls for the meaningful policy reform on which growth, jobs and a better life for millions of South Africans will depend.
This is message the Institute of Race Relations (IRR) has conveyed in letters to the participants in the two-day event in Sandton, starting today.
Reminding investors of the role played by the global business community in exerting pressure on the National Party government to abandon the destructive policy of apartheid, the IRR has urged them to recognise the opportunity presented today to make the case for policy reforms that would guarantee investments capable of delivering vast socio-economic benefits to millions of desperate South Africans.
IRR Head of Strategic Initiatives Hermann Pretorius writes in his letter to conference participants: “The people of South Africa … are counting on investors to stop the double speak of promising investment at glamourous summits, only to extract capital at record and disastrous levels once the attention of the media and the politicians moves on.”