The European Union (EU) has been a significant investor in South Africa, with long-standing investments in a variety of sectors. However, the potential for further investment has been limited by uncertainty surrounding business-friendly policies in the country. The lack of policy certainty has been a major concern for many EU investors in South Africa. Unclear policies lead to delays in investment decisions, increased risk, and a lack of confidence in the regulatory environment, ultimately discouraging companies from investing.Rui Marto, president of the EU Chamber, has called for the facilitation of business-friendly policies. “We hope that these policies, assisted by implementation through the various government departments, as well as a visible fight against corruption and interrelated bureaucracy, will be addressed shortly by the South African government to boost investments and trade between Europe and South Africa.
