The Greater Tygerberg Partnership Conference Highlights Growing Investment Opportunities in Bellville

27 September 2021 – The Greater Tygerberg Partnership (GTP) knows better than anyone the potential for future growth in Bellville, the second metropolitan node of the City of Cape Town. The GTP will unpack the investment case for Bellville at its annual investment conference on the 14th of October 2021 starting from 9h30am.   This year, the GTP’s fourth investment conference will be held in an innovative custom virtual venue, designed by the GTP in conjunction with partners Real Estate Investor Magazine (REIM). The platform offers the best of virtual reality…

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Investing in our future means investing in skills development and apprenticeship

Just like the people of South Africa, the chemicals industry has been shaped by the challenges of our past and strives for continued growth and prosperity. Heritage Month – a time where we celebrate our cultural diversity and history – strikes me as a suitable time to reflect on the history of our country’s chemicals sector. Understanding this past is key to understanding the industry as it stands today, and how we can foster its growth into the future. Our chemicals sector dates back to the late 19th century, with…

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SA needs to be more export-orientated to grow an industrial market footprint

Infrastructure development is key to supporting this, and is particularly critical for industries such as the metals and engineering sector 26 APRIL 2021 – 12:58 CHIFIPA MHANGO Picture: 123RF/BRANEX In April, SA celebrates 27 years of a strong democracy that has brought political freedom for its people. However, despite structural reforms across all fronts, including in economic policy, the majority of South Africans continue to live in poverty and inequality remains a challenge. Unemployment is at a record 32.5%. ADVERTISEMENT The ANC-led government has, since 1994, adopted several policy measures to…

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Ford invests $1 billion (R15.8) to modernize, expand South African manufacturing for all-new Ranger; adds 1,200 jobs

Ford Motor Company today announced an investment of US$1.05 billion (R15.8 billion) in its South African manufacturing operations – marking the biggest investment in Ford’s 97-year history in South Africa    February 2, 2021 FacebookTwitterLinkedInShare via EmailPrint Ford Motor Company today announced an investment of US$1.05 billion (R15.8 billion) in its South African manufacturing operations – marking the biggest investment in Ford’s 97-year history in South Africa. It also represents one of the largest-ever investments in the South African automotive industry, boosting Ford’s production capability and creating new jobs. “This investment…

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The investment case for SA drug manufacturing

President Cyril Ramaphosa recently addressed the nation about his economic reconstruction and recovery plan. One of the proposals for job creation is a focus on reversing the decline in local manufacturing. The pharmaceutical sector has sadly been a prime example of this trend. Although the economic argument for reviving local manufacturing is a compelling one, it is not the only one. Alarmingly for us, over the past 15 years, South Africa has seen 40 pharmaceutical manufacturing facilities close. Most of these facilities were owned by multinational companies and manufactured their…

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Automotive industry investment in SA set to decline

    Planned capital investment by South Africa’s automotive industry, which increased in 2019 to its second highest level on record at R7.2 billion, appears set to decline until there is a global recovery in GDP growth and export markets from the impact of Covid-19. A new National Association of Automobile Manufacturers of South Africa (Naamsa) confidence index, which anonymously canvassed the opinions of each of the CEOs of the seven automotive original equipment manufacturers (OEMs) in South Africa, revealed that 64.7% of them believe investment expenditure declined in the…

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22 On Sloan: Innovative start-ups show sky’s the limit

JOHANNESBURG – According to a 2018 World Bank report, 66 percent of sub-Saharan Africans are unbanked. Financial inclusion remains elusive in Africa and most times access to it for micro, small and medium-sized businesses (SMMEs) remain a key challenge for these to scale. In South Africa, where various studies have identified racial-profiling as one of the impediments for the previously disadvantaged, raising funding remains a thorny issue. Last year, we collaborated with the World Bank to do research on SME finance gaps in South Africa and the result deepened our understanding…

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FNB, Fetola launch initiative to help grow social entrepreneurs

JOHANNESBURG – First National Bank and Fetola Business Growth Professionals on Monday announced the launch of a small and medium-sized enterprises (SMEs) development initiative to help grow South African social entrepreneurs. The two-year “Social Entrepreneurship Impact Lab” will empower 25 existing ‘for profit’ businesses who already operate in the social entrepreneurship space and have genuine potential to scale. Entries for participants opened on September 2. The launch of the programme forms part of FNB’s broader strategy to provide meaningful support to SMEs as productive drivers of inclusive economic growth and development in South…

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Durban secures billions in investment

DURBAN is entrenching itself on the international market as a city for investment, with more than R4 billion worth of greenfield investment and an additional R7.5 billion planned expansion on the cards. This is the result of the Invest Durban Unit, which is responsible for driving all investment promotion, foreign direct investment (FDI) facilitation and foreign investor aftercare in eThekwini. The investment is expected to create more than 500 new manufacturing and service jobs. In a report tabled at the Economic Development and Planning Committee meeting on 23 August, the…

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Deloitte thought leadership shapes world stage debates

Cape Town, 3 September 2019 – As a global strategic partner of the World Economic Forum (WEF), Deloitte South Africa will play host to a number of important discussions around issues and opportunities facing the African continent when more than 1000 global leaders meet in Cape Town from 4 – 6 September 2019.   Under the theme, Shaping Inclusive Growth and Shared Futures in the Fourth Industrial Revolution, this year’s WEF Africa summit will bring together leaders from politics, business, civil society and academia.   “The discussions at WEF Africa…

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