The Minister of Trade and Industry, Mr Ebrahim Patel says that the signing of 93 ninety-three economic and trade cooperation agreements between South African and Chinese entrepreneurs signifies a deepening of the economic relationship between their respective countries. Patel said this during a signing ceremony that took place in Cape Town yesterday.   Patel said
JOHANNESBURG, South Africa, 7 May 2019 – At a function, held in Johannesburg today, Samsung announced its R280 million Equity Equivalent Investment Programme (EEIP), projected to have a measurable impact on job creation and a contribution of nearly R1 billion to the South African economy at large. EEIP is an initiative of the Department of
The Minister of Trade and Industry, Dr Rob Davies, says that he is thrilled that Defy’s multi-million-rand investment in South Africa will lead to the creation of additional needed job opportunities and further boost the country’s position as an investment ready destination of choice for multinational corporations. Davies said this during the launch of Defy’s
The Minister of Trade and Industry, Dr Rob Davies says the launch of the R49 million Ekandustria Industrial Park is recognised as a potential catalyst for broader economic and industrial development that will play a key role in linking different markets in the region. Davies was addressing stakeholders who attended the launch outside Bronkhorspruit today.
South Africa has won the Investment Promotion Award at the 2019 Annual Investment Meeting (AIM) held in Dubai. AIM recognised InvestSA for facilitating the most innovative and digitally orientated investment projects for 2018. The 9th Annual Investment Meeting attracted Invest Promotion Agencies from around world, delegates from 140 countries, government officials, practitioners and investors. AIM
03/04/2019
The Special Economic Zones Programme has reached its full implementation stage, and the total number of operational investors in designated Special Economic Zones has now reached 115 with a private investment value of over R16.8 billion.  This was said by the Minister of Trade and Industry, Dr Rob Davies. Davies was speaking at the first
The Minister of Trade and Industry, Dr Rob Davies has hailed Hisense’s investment of R72 million into its refrigeration and television production lines at its factory based in Atlantis, Cape Town, as an “important achievement” and “another example of the fruits of South Africa’s successful partnership with the Republic of China”. He also said that
Johannesburg, South Africa, March 11, 2019 – South Africa’s Department of Trade and Industry and the World Bank Group today announced an advisory services partnership aimed at improving the business environment for domestic entrepreneurs and undertaking policy and institutional reform to enhance foreign direct investment inflows. The partnership will focus on three key reform areas:
The Minister of Trade and Industry, Dr Rob Davies says the South African government has prioritised investment and mineral beneficiation due to its capacity to grow the economy and create jobs. Minister Davies was speaking at the South African Mining Investment Roundtable that took place on the margins of the Mining Indaba in Cape Town.
The Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe and the KwaZulu-Natal MEC for Economic Development, Tourism and Environmental Affairs, Mr Sihle Zikalala will launch a multi-million-rand Black Industrialist textile firm, Africa Bespoke Apparel (ABA) on Tuesday, 22 January 2019 in Verulam, KwaZulu-Natal.   ABA is a 100% Black-owned company operating in the textile,