Friday 24 May 2019
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dailymaverick - 8 days ago

BUSINESS MAVERICK: Goldman Sachs’ big, big bet on South Africa

As if Goldman Sachs’ very public pre-election support for the ANC was not enough, the firm hosted an investment conference on Wednesday that was headlined by President Cyril Ramaphosa and attended by public enterprises minister Pravin Gordhan, investors and SA industry. While the close relationship between government and the investment bank may be music to the ears of business, the timing of the conference looks designed to curry favour — and eyebrows are being raised.


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