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Tag: invests

Ford invests R600m in Gqeberha-based engine factory

Ford Motor Company has announced an investment of R600m in the Struandale Engine Plant in Gqeberha. The company said the investment will support the launch of a new 3l V6 turbodiesel...

Rangel invests R37m in SA expansion

Rangel Logistics Solutions, a global logistics partner with a presence in South Africa since February 2020, is investing €2.1m (±R37m) in the region to expand its South African operations and open...

Mercedes-Benz invests R3bn into South African manufacturing plant

Mercedes-Benz Cars has a announced a R3bn investment into the Mercedes-Benz East London plant. This comes after the car manufacturer made a R10bn investment into the same plant in 2018. Jörg Burzer,...

Sasol Invests in 1st South African-Owned Chemical Tanker

Nduna Maritime and Sasol have entered into a ZAR 400 million (USD 27.1 million) enterprise and supplier development (ESD) funding agreement through the Sasol Siyakha Trust, in South Africa’s first locally-owned...

Cape Town invests millions in EPWP

The City of Cape Town Council approved an amount of R13,78 million to upskill Expanded Public Works Programme (EPWP) participants during a Council Sitting on 28 March 2019. The funds will be...

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The energy morass

CBN Editor Robin Hayes asks if foreign funded vested interests are at play. IT beggars belief that we have endured loadshedding for more than 14...

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