Ahead of South Africa’s government delegation traveling to Davos, Switzerland, to take part in the upcoming yearly World Economic Forum, Finance Minister Enoch Godongwana says South Africa’s electricity crisis and high crime rates are chief among the challenges faced by the country, requiring urgent attention so the country can attract more investors.

Other areas of focus include balancing focus between the macro and microeconomic environment and appropriate policies and decisions thereto, as well as reducing the amount of burdensome “red tape” for foreign companies wanting to invest in South Africa.