Discovery CEO Adrian Gore on keeping SA businesses in the country

Adrian Gore, the CEO of Discovery Limited, recently sat down with CNBC Africa to discuss the challenges facing South Africa's economy and the importance of investment in driving growth and job creation in the country. Gore emphasized the need for businesses to stay in South Africa and invest in its potential rather than succumb to the negative narrative that has led some to exit the country. He highlighted Discovery's own success story, having started in 1993 during a similar challenging period but choosing to stay and thrive. Gore pointed out that while there are obstacles such as political uncertainty and economic risks, there are also opportunities that are often overlooked. He stressed the importance of changing the narrative about South Africa, focusing on long-term potential and addressing physical infrastructure issues to instill confidence in investors and the public. The CEO expressed optimism about the country's resilience and its strategic positioning in global markets, despite external challenges like the war in Ukraine. Gore outlined Discovery's commitment to investing in the country, exceeding their previous pledges and positioning themselves to take advantage of emerging opportunities. Looking ahead to the upcoming investment conference, Gore hoped for significant commitments that could accelerate the pace of reforms in areas such as infrastructure, transportation, and energy. He underlined the importance of action in delivering on promises and creating a sense of hope among the population. Overall, Gore urged businesses and government leaders to work together to overcome challenges and seize the opportunities for growth in South Africa.