Johannesburg’s Infrastructure Decay Risks Driving Multinationals Out, Busi Mavuso Warns

Busi Mavuso, CEO of Business Leadership South Africa, told Bloomberg that companies in Johannesburg are building private roads, supplying their own water, and operating independent power systems to maintain operations as public infrastructure fails. Mavuso said these costs are deterring new investment and causing multinationals to shift capital allocation away from South Africa toward overseas facilities. According to Bloomberg, Mavuso stated the private sector cannot wait for structural infrastructure reforms.

• Bloomberg — Johannesburg’s Infrastructure Decay Risks Driving Multinationals Out, Busi Mavuso Warns

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