# President Cyril Ramaphosa says there is renewed confidence in the country’s economy, following the success of the sixth South Africa Investment Conference. A record 890-billion-rand in investment pledges were secured. In his weekly newsletter, Ramaphosa says it is significant that a substantial share of the investment pledges were domestic in origin, and encompass a mix of new commitments and capital investments that had already been planned. He adds that each investment decision is shaped by the credibility and stability of the economic environment and expectations of return on investment.
Ramaphosa says there is renewed confidence in the economy