A review of corporate financial reporting highlighted the perception that very high cash holdings by South African firms has been a persistent problem in the economy in recent years. In 2014, and for the first time in many years, local companies invested more outside the country than foreign companies invested in South Africa.

Given the significant impact that the national investment climate has for South African manufacturers, B&M Analysts recently conducted research for the Department of Trade and Industry (the dti) on factors driving domestic and outward investment trends, factors influencing firms’ investment decisions and local firms’ investment plans for the next five years.

Read the full article in the DCC newsletter.