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50 companies have pledged over 109.6 billion rands at yesterday’s South African Investment Conference.With this year’s conference taking place in an extremely subdued economic climate, President Ramaphosa said securing investment commitments of over R100 billion is a remarkable achievement. The investments have come from various sectors which include Anglo African Metal committing to invest 280 million rands in the beneficiation of titanium. Bradley Aviation has pledged 244 million rand in the aeronautical sector in Gauteng. Unica also committed R250 million towards expanding its manufacturing capacity of steel blitz. While Dangold Packaging is investing R830 million in a beverage canning plant.

News Headlines

Thursday, 19 November 2020 14:17

  Armenians are rushing to leave the village of Nor Maragha, near Aghdam in the contested Nagorno-Karabakh region, with their belongings. As part of a Russia-brokered deal, Armenia and...

Thursday, 19 November 2020 14:13

  US regulators on Wednesday cleared the Boeing 737 MAX to return to the skies, ending its 20-month grounding after two fatal crashes that plunged the company into crisis. The Federal...

Thursday, 19 November 2020 14:12

  As at last night 2 888 new cases of covid-19 were identified, taking the number of infections reported above 757 000 in South Africa. Regrettably, 123 new COVID-19 related deaths were...

Thursday, 19 November 2020 14:11

  50 companies have pledged over 109.6 billion rands at yesterday’s South African Investment Conference.With this year’s conference taking place in an extremely subdued economic...

Thursday, 29 October 2020 10:54

Football clubs outside the Premier League that are the beating heart of the English game could cease to exist unless a financial rescue package is agreed to imminently. That is the stark warning...

Thursday, 29 October 2020 10:53

  India has passed eight million covid-19 cases and is now bracing for a new wave in the pandemic. The world's second-worst-hit country has also had over 120 000 deaths across the country of...

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