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Tag: Investment

R1-billion investment to boost Transnet’s tugboat availability

TRANSNET National Ports Authority (TNPA) is injecting a R1-billion investment in its marine fleet renewal programme through the acquisition of seven tugboats aimed at enhancing marine operations at its commercial seaports. “The...

SEZs can unlock economic potential – Infrastructure Africa 

Infrastructure Africa Business Forum Explores the Role of Special Economic  Zones and Industrial Development Zones in Driving Continental Growth  THE Infrastructure Africa Business Forum is set to delve into  a critical topic...

Business events set to bring in a record-setting R1bn, boosting jobs in the Western...

The Cape Town and Western Cape Convention Bureau, at the Western Cape’s tourism, trade and investment promotion agency, Wesgro, has secured 30 new bids for the province in the last financial...

Infrastructure Africa launches Projects Dealroom

A Revolutionary Platform for Infrastructure Investment Infrastructure Africa, a leading African business event dedicated to fostering infrastructure development across the continent, is proud to announce the launch of the Projects Dealroom, a...

Pro-growth interventions save Western Cape economy R2.4 billion since 2019

The Western Cape Government (WCG) is determined to make it as easy as possible for the private sector to do business and create jobs in the province. The efforts by the Department...

Volkswagen announces R4 billion investment in Kariega plant

Majority of investment to be spent on refurbishment of production facilities, local content tooling, quality assurance and manufacturing equipment Investment aimed at preparing the plant to manufacture a third model...

Why Cape Town’s economy works – and how it will shine brighter than ever

STATEMENT BY THE MAYORAL COMMITTEE MEMBER FOR ECONOMIC GROWTH, ALDERMAN JAMES VOS One of the clearest indications of a region’s economic well-being is its jobs report. What is the percentage of its...

City’s industry partnership programme fuelling jobs, billions in investments

In the last three and a half years, the City’s funding partnerships with high-growth industry organisations have facilitated R25,4 billion in investments and directly created 32 300 jobs in Cape Town. The...

President Ramaphosa to unveil KZN terminal and Tetra Pak Manufacturing plant

President Cyril Ramaphosa is expected to officially open the Newlyn PX Terminal and the Tetra Pak Manufacturing plant in KwaZulu-Natal on Thursday as part of South Africa’s investment drive. These entities made...

An efficient criminal justice system – key ingredient missing, ruining SA economy

Jacques Moolman - President of the Cape Chamber of Commerce & Industry As any chef will attest, forgetting a key ingredient will ruin any dish. A flawed recipe is a useful metaphor for...

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WEG Africa pioneers local manufacture of MV softstarters in SA

WEG Africa has become the first OEM to produce medium voltage (MV) softstarters in South Africa, reducing lead times for customers and supporting the...

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