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Press Room World Bank: South Africa is ready and open for business | World Bank: South Africa is ready and open for business |
| Wednesday, 06 September 2006 | |
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"If ever there was proof that South Africa is ready and open to do business, this is it", said Yvonne Johnston, CEO of the International Marketing Council of South Africa (IMC). She was responding to a report which placed South Africa at the top in Africa when it comes to ease of doing business and ranked it 29th in the world. The Doing Business report is a joint publication of the World Bank and the International Finance Corporation. "It is particularly pleasing that the report praised South Africa for its ability to protect investors, enforce contracts and its high rating in how easy it is to open a business", said Johnston. "This effectively underlines that when it comes to doing business, South Africa is alive with possibility. It will boost investor confidence and lift the country’s standing as we move toward 2010", Johnston added. ENDS
Issued by: Meropa Communications |
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