South Africa recorded smaller foreign direct investment (FDI) inflows of R16.2-billion in the fourth quarter of 2023, from R26-billion in the third quarter, central bank data showed on Thursday. For 2023 as a whole direct investment inflows moderated to 96.5 billion rand, down from R151-billion in 2022, as equity investment by foreign parent companies in domestic companies slowed down, the South African Reserve Bank's Quarterly Bulletin also showed.
