President Cyril Ramaphosa, who attended the event in Tshwane on Monday, described it as a clear statement of confidence in SA’s future.
Ford International Markets Group operations director Andrea Cavallaro said R10.3bn of the R15.8bn would be spent on upgrading Ford Southern Africa’s Silverton vehicle assembly plant in Tshwane into a state-of-the-art facility on par with anything else in the Ford world.
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How little? From 4 investing firms only 100 ppl are to be employed. Obviously a very big positive deal to the prospective beneficiaries even those companies to b able to do that. But against the current bleeding in millions seems so misty.