Trending
Heat Index
Business
 
Read More
4
 
Read More
3
 
Read More
5

Calendar
September 2019
M T W T F S S
« Aug    
 1
2345678
9101112131415
16171819202122
23242526272829
30  
Posts Tagged ‘investment’
Most Recent
 
Read More
August 13, 2019

Red carpet for Botswana investors

Botswana has promised to roll out the red carpet for investors, urging them not to be discouraged by its small population from doing business in the country because decent returns are part of the package.

Speaking at the official opening of the 14th Global Expo Botswana in the capital city Gaborone this week, President Mokgweetsi Masisi said his country was making conditions conducive for investors.

“The World Bank’s Doing Business Report of this year has placed Botswana at number five in the Ease of Doing Business rankings in sub-Saharan Africa. We continue to review and make strategic reforms to improve the ease of doing business and the competitive environment to [...]

4
 
Read More
July 19, 2019

Ford to add 1,200 jobs in South Africa from August

Ford Motor Company of Southern Africa (FMCSA) will employ 1,200 new employees from August 2019 to meet the growing international and local demand for the New Ranger, Ranger Raptor and Everest models.

Ford said that these additions will bring the company’s total employment in South Africa to approximately 5,500 employees.

At the same time, it will significantly bolster supplier companies by adding around 10,000 jobs in this sector.

“The R3 billion investment in our South African plants, announced in 2017, is now coming to fruition with the addition of a third shift to increase our production output,” says Ockert Berry, vice president operations, Ford Middle East [...]

3
 
Read More
July 1, 2019

SEZ COULD REVIVE MANUFACTURING CAPACITY IN VAAL TRIANGLE

Although growth has been subdued for several years, there is still potential to open up opportunities for both small and established businesses while stimulating economic activity and creating much-needed jobs in the country. SEZs are key in helping us to develop a global competitive economy and achieve our industrial policy objectives.

SEZ’s are particularly attractive for international investors who are looking to set up operations in the country as they can reduce the cost of doing business through incentives from the Department of Trade and Industry (DTI). These include favourable corporate tax rates, customs, infrastructure and employment benefits, and much [...]

5
 
Read More
May 3, 2019

DEFY RAMPS UP SA PRODUCTION WITH R1BN INVESTMENT

Through the revival of the Jacobs factory, a total of 75 new job opportunities will be created to manufacture an estimated 500 top loaders per shift. This manufacturing development also serves as a much-needed boost to the local community of Jacobs by undertaking a localisation programme as part of their new investment.

By 2020, Defy is looking to expand their output to include new cooking products such as 60cm built-in ovens and a new free-standing stove, an investment opportunity totalled at R25milion collectively.

Growing local economy

According to Evren Albas, the CEO at Defy South Africa, economic growth in South Africa is a top priority for the company. [...]

6
Top Stories
 
 
 
 
 
 
Health Tips
 
CAN YOU EAT YOUR WAY TO BETTER ASTHMA CONTROL?