News Formal

MTN, Sappi and Transnet promise billions in investment

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

日本 ニュース ニュース

Between the three companies, R86bn was pledged at the second investment conference headed by President Cyril Ramaphosa

A range of companies, including cellphone giant MTN, paper producer Sappi, and state-owned logistics firm Transnet have promised billions in new investments in SA.

The conference is the second held by President Cyril Ramaphosa’s administration, aimed at securing R1.2-trillion in new investment in SA over the next five years. Further announcements are expected later in the day. An automotive industry transformation fund was launched, with R6bn pledged to support black participation in the automotive industry supply chain.

Since the last investment gathering, the country’s growth has continued to stagnate and power supply issues have further threatened growth. The state’s fiscal position has also continued to deteriorate as financial support to battling state-owned entities has strained the government’s finances.

 

コメントありがとうございます。コメントは審査後に公開されます。

These pledges where made by SOE as well nah? What else were SOE going to do return money to government? I don't get the Transnet pledge significance.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

MTN, Sappi and Transnet promise billions in investmentBetween the three companies, R86bn was pledged at the second investment conference headed by President Cyril Ramaphosa Excellent news! Let's make SA the number 1 economy in Africa again.
ソース: BDliveSA - 🏆 12. / 63 続きを読む »

MTN, Sappi and Transnet promise billions in investmentBetween the three companies, R86bn was pledged at the second investment conference headed by President Cyril Ramaphosa Excellent news! Let's make SA the number 1 economy in Africa again.
ソース: BDliveSA - 🏆 12. / 63 続きを読む »

Cyril Ramaphosa secures R200bn in investment pledges for SA | IOL Business ReportBusinesses at the SA Investment Conference took heed of President Cyril Ramaphosa’s call for investment and availed a combined $13.5 billion Cyril pretends he’s going to turn things around. Companies pretend they’re going to invest. It’s a wonderfully exciting game! And how the corrupt and the unions can screw it all up We have been hearing this type of news since the start of CR's reign. How about some action already.
ソース: IOL - 🏆 46. / 51 続きを読む »

Ramaphosa confident about reaching R1.2-trillion investment targetNews | R54.8 billion. That’s the amount in investment pledges announced at the first session of the second annual South African Investment Conference, by Les2020ic
ソース: City_Press - 🏆 7. / 72 続きを読む »