Tag: Investment
Vedanta to invest Rs 8,500 crore in South Africa for mining business expansion
Vedanta Resources Ltd Monday announced a fresh investment of Rs 8,500 crore ($1.2 billion) to expand its mining and allied operations in South Africa and...
City’s investment, job creation partnerships yielding positive results
The City of Cape Town’s funding support of a number of special purpose vehicles (SPVs) to facilitate investment and job creation has yielded positive...
Massive R12 billion South African solar farm ready to launch in 2019
The Kathu Solar Park in the Northern Cape has successfully completed its first synchronisation of power to the national grid.
On 18 November,...
Cape Town film industry flourishes
Cape Town’s film industry is finally beginning to flourish after the drought. For two year’s during the water crisis international films were discouraged from investing...
SA remains a leading foreign investor destination despite problems – EY
Africa’s most advanced economy held investments steady at 29 projects in 2017. EY’s latest Africa Attractiveness report, which analyses foreign direct investment (FDI) into Africa,...
How to invest meaningfully in Africa
JOHANNESBURG - African public equity markets are different from more developed markets regarding accessibility, correlation to external factors and liquidity. Potential investors are inhibited...
Now may be a good time to invest in Naspers
Naspers has lost more than a third of its value this year, but is offering significant value at these levels.
This is according...
Group confirms suffering damage to its reputation
JOHANNESBURG – Steinhoff International confirmed suffering reputational damage from the recent accounting scandal as it recorded a 2 percent growth in group revenue to...
Ramaphosa’s investment drive in Beijing: ‘SA is open for business’
Beijing – President Cyril Ramaphosa has likened the South African delegation at the Forum for Africa-China Cooperation (Focac) summit in Beijing to “lions” going...
Rand strengthens after Chinese R198 billion investment
The rand opened mostly directionless yesterday hovering at levels above R13.45 to the dollar before getting some much-needed inspiration from President Cyril Ramaphosa’s announcement...
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City working to resume Bayside Canal upgrade in Milnerton
The City of Cape Town’s Water and Sanitation Directorate remains committed to completing the multi-million rand Bayside Canal upgrade in Milnerton. Work on site...