Doing business with SA
With its R700-million, 10-year equity equivalent investment programme, IMB South Africa will
work with the Department of Trade and Industry to build a research hub at Wits University, as
well as foster enterprise development and grow deep skills in the country.
Construction on the Gibela industrial complex in Gauteng is to begin later this year, says the rail
transport consortium. Once fully operational, it will produce 62 trains a year. Local suppliers are
crucial, and the facility will help to spark industrial growth in the region.
A tech guru based in the city of San Francisco says Africa has the potential to create a new wave
of global software entrepreneurs. He is excited about the possibilities of the continent, which will
have 50% of the world's working population by 2040.
The 94 megawatt wind farm north of Cape Town, West Coast One, is up and running. Costing
R2.2-billion, it will offset an estimated 5.6 million tons of carbon dioxide over the next 20 years.
The project is a partnership between Engie, Investec and Kagiso Tiso Holdings.
Poultry associations from South Africa and the US, and their governments, have reached an
agreement to allow American chicken imports into South Africa after months of negotiations. The
deal secures South Africa's participation in the Africa Growth and Opportunity Act.
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