Gauteng seeks investment as Trump rolls out aggressive tariff plan
CNBC Africa spoke to Adrian Saville, Professor: Economics, Finance And Strategy at GIBS on the side-lines of the Gauteng Investment Conference.
Fri, 04 Apr 2025 11:31:21 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- The significance of Gauteng in South Africa's economy and the imperative to drive economic growth through strategic positioning
- The role of infrastructure investment and partnerships in addressing challenges for investors and businesses
- Impact of Trump's tariffs on global economic growth and the need for businesses to adapt and diversify
In the wake of US President Donald Trump's aggressive tariff plan, the province of Gauteng in South Africa finds itself at a crossroads, seeking to attract investment despite the challenges posed by global economic uncertainties. CNBC Africa recently caught up with Adrian Saville, Professor of Economics, Finance, and Strategy at GIBS, on the sidelines of the Gauteng Investment Conference to discuss the strategies needed to increase investment inflows to the province and address the impact of Trump's tariffs. Saville highlighted key considerations for investors and businesses amid the shifting global economic landscape. The event aimed to provide reassurances about addressing infrastructure challenges and fostering partnerships to drive economic growth. However, the looming threat of Trump's tariffs presents a significant hurdle for South Africa and its open economy. Saville's insights shed light on the importance of adaptability and diversification for businesses navigating these turbulent times.
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