Investing in South Africa
German company Juwi AG has landed its biggest ever solar contract, to help build
an 86MW solar park in Prieska in the Northern Cape, thanks to South Africa's
renewable energy programme for independent power producers.
Deputy President Kgalema Motlanthe emphasised positive developments and untapped potential in South Africa's mining industry during a working visit to Canada this week during which he engaged intensively with mining executives, investors, bankers and asset managers.
Anglo-Dutch consumer goods firm Unilever is investing R500-million in an environmentally friendly, state-of-the-art ice cream factory north of Johannesburg as part of a multi-year, multi-million rand investment plan to cater for the company's growth on the continent.
South Africa outperformed its counterparts in Africa and the Middle East while maintaining its ranking in the latest annual Anholt-GfK Roper Nations Brands Index, which tracks the global reputation of 50 important developed and developing countries.
The secondary listing of Glencore Xstrata, the world's fourth-largest diversified miner, on the Johannesburg Stock Exchange "not only deepens our relationship with South Africa, it highlights our confidence in Africa as a place to invest", company CEO Ivan Glasenberg said on Wednesday.
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