Mining, booze and food companies step up to invest

Heinken’s R15bn investment will be spent on, among other things, expanding its plants.Mining companies such as Anglo American pledged R29bn, Ivanhoe will invest R6bn, PMG Mining R1.25bn and and AfroZonke Group will invest R1.5bn.

Ramaphosa said the country was on “a long journey to rebuild our country and recover the ground we have lost. Our recovery is a mission that will take time to accomplish. We are on the recovery path, we refuse to be daunted by the challenges we face, we are confident that we will recover. “We remain convinced that South Africa is an investment destination with significant untapped potential. We do believe that by leveraging our unique value proposition, we have the ability to attract higher levels of investment.”

Ramaphosa said it has been a core conviction of this administration that to create jobs “we must drive growth, and to achieve growth we must implement fundamental economic reforms”.

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Rand firms before mining data, investment conference[CURRENCY] At 12:00, the rand traded at R18.23 against the dollar. Moneyweb Currency
منبع: Moneyweb - 🏆 5. / 77 ادامه مطلب »

PITS BATTLE: Tendele coal company denies ‘bullyboy’ claims, says it is on verge of liquidation because of court actionArguing that it may be forced to close down, Tendele Coal Mining has denied that traditional leaders were intimidating the local community in an effort to bulldoze an easy mining path for the company. Traditional leaders just like politicians can be bought to ignore the plight of its community - standing firm against injustice is what every South African must do to get rid of a culture of thuggery and impunity by government and business SA
منبع: dailymaverick - 🏆 3. / 84 ادامه مطلب »