Tuesday, 01 August 2017
The Centre for Competition, Regulation and Economic Development invites you to the following public platform:
“Ownership, control and investment in South Africa – 23 years on”
The investments and decisions of large firms shape how countries develop. In the recent debates on radical economic transformation, there has been little engagement with the market behaviour of large, internationalised conglomerate groups and companies. Recent CCRED research shows that the largest firms in the economy have not been investing extensively in expanding domestic production capabilities. In addition, there has been limited change in the composition of the top 50 firms on the JSE since 2000, more so in terms of the significant influence of major conglomerate groups and a clear absence of black-owned entrants.
CCRED presents the findings of the Industrial Development Research Project which considers the strategies and investment decision making of the largest firms listed on the JSE. In this platform, we consider key questions relevant to the next steps in South Africa’s economic growth path; including: What economic and political factors underpin the trends observed? What can be done to change the pattern of low investment and how should government and business engage? Why does it matter and what should be the terms of a new deal to foster productive investment by large business groups, and broaden the base of ownership?
Chair: Dr Lucienne Abrahams (LINK Centre, Wits)
Presenters: Thando Vilakazi and Anthea Paelo (CCRED)
Discussants: Khaya Sithole CA(SA), Fatima Vawda (27four Investment Managers) and Nimrod Zalk (the DTI)
Venue: CCRED Seminar Room, 1st Floor, 6 Sturdee Avenue, Rosebank, Johannesburg. Click here for map
Date: 1 August 2017
Kindly note that the event is fully subscribed