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George Pinto, Product Manager for CaseWare Africa provides insight into why financial compliance is critical for growth in FDI (Foreign Direct Investment). When investing into Africa the company’s financial conditions are of a major concern to investors as they rely on it for both safety and profitability on their investment.

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Therefore, investors and creditors need to know the state of their investment – where their money went and where it is currently and of course, how it is doing. Therefore having solid financial reporting ensures shareholder confidence, which in itself can also have positive repercussions in terms of drawing in additional funding and investment, which can spill into raising the company’s profile.

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