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

Across Johannesburg, private companies are paving their own roads, trucking in water, and generating off-grid electricity just to stay operational. According to Busi Mavuso, CEO of Business Leadership South Africa, these compounding workaround costs are choking new investment and pushing more multinationals to reconsider their presence in the country. Speaking with Bloomberg’s Jennifer Zabasajja on Next Africa, Mavuso highlights how local manufacturing plants are steadily losing internal capital bids to overseas sister facilities, and why South Africa’s private sector can't afford to wait years for structural reforms to materialize. (Source: Bloomberg)