South Africa: President Sets R2 Trillion Investment Target

  • 📰 allafrica
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 99%

United States News News

United States United States Latest News,United States United States Headlines

South African President Sets Investment Target in Trillions of Rand: SouthAfrica SAIC2023

Attended by delegates from varying industries in South Africa and across the world at the Sandton Convention Centre in Johannesburg, the afternoon session of the conference saw investments announced in the digital economy, manufacturing sector and the Special Economic Zones ."Today's pledges cover 21 district municipalities across the country.

Cassava Technologies is investing R4.5 billion towards adding 20 Megawatts to their data centre in Gauteng and the Western Cape.Moov, a fintech start up, is investing R284 million in connecting mobility entrepreneurs to the right hailing e-logistics and e-delivery market place. A company from Denmark invested R133 million in the manufacturing environmentally sustainable building insulation from recycled waste in Gauteng.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BUSINESS REFLECTION: After the Bell: South Africa’s R1.2-trillion investment problemSouth Africa’s fifth and final investment conference takes place on Thursday, 13 April. Don’t be surprised if it’s not, at least in public, a grand celebration. The target that was set five years ago was to raise R1.2-trillion. Technically, the investment drive is less than R100-billion short, and since R360-billion was raised last year, it seems likely that the target will be reached. Hooray! Victory! Pledges, promises, maybe’s and I’ll get back to you. Show me the money ! Who wants to invest in a failing economy?
Source: dailymaverick - 🏆 3. / 84 Read more »

President Ramaphosa's drive for R1.2 trillion investment almost realised - SABC NewsSouth Africa’s Investment Conference has to date achieved 95% of its R1.2-trillion target. Since 2018, government has been on a mission to attract over a trillion rand in investments. Except we have not seen as single job created as a result. Instead we have repeatedly lost thousands of jobs. Where and how is this investment actually going to start benefitting South Africans? Lol 🤣🤣🤣😂 yet citizens are swimming in pool of poverty and lost their jobs lol 😂😂🤣🤣 ifilimi scam , Bitcoin administration Weird how the people don't see any of it. Crime is at its highest, service delivery at its lowest, filth all over, borders open to criminals. Show me the money !!
Source: SABCNews - 🏆 37. / 51 Read more »

BIOMED DEFENCE OP-ED: Stellenbosch University unveils R1.2-billion investment in biomedical science for AfricaA leading-edge biomedical research facility, the Biomedical Research Institute, was officially launched this week.
Source: dailymaverick - 🏆 3. / 84 Read more »

LIVE: President Cyril Ramaphosa hosts Investment Conference - SABC NewsPresident Cyril Ramaphosa hosts last Investment Conference aimed at wooing investors to the country. Stage 6 😡😡😡😡😡😡😡😡😡 Invest to run factories with woodfire?This man is mad Matrass sofa investments 🙄🙄🙄
Source: SABCNews - 🏆 37. / 51 Read more »