Gauteng Investment Conference: Mashatile urges investors to be confident in SA

Deputy President Paul Mashatile has urged investors to remain confident in South Africa’s government, pledging a collaborative and supportive working relationship.

Mashatile was speaking at the Gauteng Investment Conference held at Melrose Arch in Johannesburg on Wednesday.

The event brought together representatives from local, provincial and national government, as well as global investors and development finance institutions.

His remarks came at a time when South Africans were under pressure from the rising cost of living, with recent fuel price hikes adding strain on motorists and businesses.

Mashatile said the Gauteng provincial government was committed to creating a conducive environment for investment and growth in the country.

"South Africa is open for business, and Gauteng is ready for execution. We are determined that Gauteng will lead by example in shortening regulatory timelines, and I am happy that I had both the premier and the MEC emphasising that," he said.