Policy uncertainty stifles investment

Uncertain policy and political
unpredictability are two
of the biggest concerns
European companies have
with South Africa at present.
This is according to a
survey commissioned by
the European Union (EU)
Chamber of Commerce and
Industry in Southern Africa
and set to be released next
week.
According to the chamber’s
regional director, Stefan
Sakoschek, the survey
also identified concerns
around transparency and
accountability.
“The survey has
highlighted several
attractiveness concerns
in South Africa. Business
is brutal and return on
investment is an important
factor. “European companies
are mostly listed or family
owned and they have to
deliver that return on
investment to shareholders."