Doing business with SA
The Ferrero Group’s hazelnut operations in South Africa’s KwaZulu-Natal province are
promising to create jobs and boost local exports, making the country a strong
contender in the hazelnut market.
The Johannesburg Stock Exchange, the largest and most liquid on the continent, has
listed three African currencies on a new foreign exchange futures platform on Friday.
The JSE said this would offer investors exposure to African economies in a relatively
South Africa’s banking sector compares favourably with those of industrialised nations.
It is also leaping ahead on the continent, playing a role in key deals in its mining and
metals, oil and gas, and power and infrastructure sectors.
If you want to be serious about Africa, do your homework, Alec Erwin, South Africa's
former trade and industry minister, reportedly told a gathering of more than 100 top
chief executives, economists and political leaders from South Africa and Italy, gathered
in Cape Town to discuss investment opportunities.
A special economic zone is to be established in the Rustenburg platinum belt in the
North West to help develop industries that use the precious metal, such as jewellery,
catalytic converters and fuel-cell technology, Trade and Industry Minister Rob Davies
announced last week.
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