Private equity investments include venture capital stakes in mostly technology-driven new businesses.

She said that although theeconomyhas taken strain, she was optimistic for the next 12 months.

Turner-Smith said start-ups like this have survived because entrepreneurs have been agile and resilient.

Investors Spare No Money for COVID Beneficiaries, Expect High Returns

South African investors indicated that they still see opportunities for growth and will back new ventures in both private equities and publicly listed offerings. Image: Ildo FrazaoSource: Getty Images

He said they had experienced returns of 80% and even higher.

Start-ups in the hospitality sector and elsewhere experienced a lot of pain.

However Butkow said, There are all types and lots of capital chasing the great teams and companies.

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The construction of the mixed-use development will be predominantly utilised by the US conglomerate Amazon.

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