foreign investment

The Coega Development Corporation (CDC) has in the last two financial years seen its Foreign Direct Investment conversion rate ranked higher than the South African average in 2015. According to the United Nations Conference on Trade and Development (UNCTAD) report (2016) which discusses the inward fixed FDI conversion rate for South Africa, the average rate for FDI conversion in South Africa in 2014 was (53%) and in 2015 (47%). The CDC on the other hand, has managed to hold a consistent FDI … [Read more...] about Coega’s foreign investment conversion rate higher than the South African average