Tag: Investment
Gauteng invests R30bn in transport infrastructure
The Gauteng Department of Roads and Transport has invested more than R30 billion in the past three years on public infrastructure projects.
“The investments have been...
Coca-Cola to invest up to $90m in Kenya to broaden product range
Coca-Cola Co plans to invest up to $90 million in Kenya over the three years through 2018 to increase its product range in the...
Moody’s says South Africa credit rating well placed
South Africa’s credit rating is well placed at the lowest investment grade, but rising foreign ownership of the government’s local-currency bonds is a risk,...
Remgro sell Unilever South Africa stake for R11.9bn
Remgro, a leading South African investment company, has announced that its subsidiary is selling its 26% stake in Unilever South Africa Holdings to Unilever...
PSG Group invests R675m in local property business Amdec
South Africa’s PSG Group spent R675 million ($50.77 million) for a 50% stake in Evergreen Lifestyle, part of local property business Amdec, as it...
South Africa’s radical economic transformation policy could turn off investors – Moody’s
Ratings firm Moody’s on Thursday warned that proposed plans by South Africa’s government to implement “radical economic transformation” could turn away investors and rising...
Operation Phakisa reaches new milestones
President Jacob Zuma says the Operation Phakisa project has attracted billions of rands in investments since it was launched three years ago.
He said this when...
President Zuma to launch Western Cape Invest SA office
President Jacob Zuma is expected to officially launch Invest SA one-stop shop in the Western Cape next week.
In a joint statement on Thursday, the Department of Trade and Industry, Western Cape provincial government and the WesternCape Investment...
SA Open for Business, Investment
President Jacob Zuma says the South African economy remains stable and favourable for foreign investment making the country open for business.
The President...
Beating inflation – an essential investment goal
Inflation can have a significant impact on your savings and investments. By its very nature, it diminishes the value of your money and reduces...
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City shares highlights and opportunities of Cape Town’s economy with top...
The City’s Economic Growth Directorate, joined by its Energy counterpart, has held its annual event with a host of consul-generals representing countries across the...