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Dti encourages China

South Africa and China

South Africa and China

Pretoria – Trade and Industry Director General Lionel October on Thursday encouraged Chinese companies to invest in South Africa.

China has invested significantly in Africa with Chinese manufacturer First Automobile Works investing $100 million to build a vehicle and truck assembly plant in Coega, South Africa. The project to date has produced 1000 jobs. [Read more…]

SA to invest $2bn in IMF

Pretoria – South Africa has committed to invest $ 2 billion of its reserves to the International Monetary Fund’s firewall fund, the Presidency said on Tuesday. “Along with fellow members of the G20, South Africa announced in Los Cabos today that it is committed to supporting the IMF’s firewall fund, and will be investing $ 2 billion […]

SA to invest $ 2bn in IMF is a post from: GlobalBuzz SA

GlobalBuzz SA» Business

SA invites India to invest in infrastructure plan

Pretoria – As part of efforts to deepen relations with India, South Africa has invited the Asian nation to invest in the country’s massive…
GlobalBuzz-SA – Business News

Call to invest in maritime industry

Cape Town – Lack of investment in the maritime sector could undermine the benefits of South Africa’s recent joining of the Brazil, Russia, India and China trading block. The warning was sounded by the South African Maritime Safety Authority (Samsa) chief executive, Tsietsi Mokhele, on Monday. He was speaking at an all-important two-day International Investors […]
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