Tag: Investment
Emirates doesn’t want to invest in SAA
Gulf carrier Emirates has ruled out investing in South African Airways, narrowing the number of potential saviors of the loss-making state airline.
While...
Taxify closes $175m investment led by Daimler, now worth $1bn
Taxify, a leading European ride-hailing company with operations in South Africa, has completed an investment round of $175 million. The company will use the...
Wind farm investment bears fruit
Construction worth R6.6 billion on two wind farms with a combined capacity of 250MW, one in the Western Cape and the other in the...
New renewable energy round may rake in R50bn in investment
The renewable energy industry on Friday got a shot in the arm when Energy Minister Jeff Radebe announced a new bid round of the...
National Treasury aims to restore SA investment grade rating
Government will engage ratings agency S&P Global on their areas of concern, while taking steps to restore South Africa's investment grade credit rating -...
Cape Town ‘investibility’ remains intact
Despite a year of great political and economic uncertainty, compounded by the worst drought in 100 years, the City of Cape Town has continued...
SA film industry continues to attract investment
The South African film and television industry continues to attract Foreign Direct Investment (FDI) and create employment for the services sector, despite the economic...
Mining industry gets R220bn investment
South Africa has more than R220 billion worth of investments in the project pipeline for the mining industry which include the platinum group metals...
Liquid Telecom invests R1bn in SA data centres
Liquid Telecom has invested more than R1 billion into expanding its datacentre facilities in Johannesburg and Cape Town to support the rising demand for cloud-based services.
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Investment into African tech startups hit record high in 2017
Investment into African tech startups hit the highest levels since records began in 2017, with 159 startups raising in excess of US$195 million.
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MUST READ
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...