BHP, Shell, and Volkswagen all leave South Africa…..Big business exodus signals economic storm for SA
As major multinational corporations like BHP, Shell, and Volkswagen make swift exits from South Africa, the economic horizon darkens. Their departures signal more than just business decisions; they’re ominous signs of a struggling economy 30 years into ANC rule. With plummeting manufacturing and mining sectors, coupled with an exodus of listed companies, South Africa faces a stark reality: without significant change, it risks fading into economic irrelevance. The time for transformation is now, before it’s too late to salvage the dreams of a prosperous nation.
https://www.biznews.com/sa-investing/2024/05/07/big-business-exodus-ivo-vegter