Investing in South Africa

R10bn boost for SA's Saldanha Bay

A R9.65-billion private-public investment at Saldanha Bay, on South Africa's West Coast, aims at improve the deep-water port's ability to service to offshort oil and gas industry, the Transnet National Ports Authority announced on Monday.


Work begins on South Africa's R84bn smart city

Work has reportedly begun on the Chinese-financed R84-billion super city in Modderfontein, east of Johannesburg. Shanghai Zendai plans to turn the 1 600- hectare property into 'Africa's New York', developing a financial hub with 35 000 houses, an educational centre, medical centre and a sports stadium.


SA offers incentives for hotels to retrofit for disabled

Incentives are to be offered to graded hotels across South Africa to redesign for universal accessibility and energy efficiency, Tourism Minister Derek Hanekom said at the opening of Cape Town's Park Inn Hotel, where a third of the staff are deaf.


Max Planck Institute invests in MeerKAT

The German institute is pouring R150-million into building and installing radio receivers on the MeerKAT radio telescope. The project, it says, will grant its scientists access to a world-class facility and its unique unrestricted view on our galaxy, and will boost MeerKAT's scientific potential even further.


Scheme aims to boost investment in SA vehicle production

The Vehicles-Automotive Investment Scheme has been extended to include the makers of medium and heavy commercial vehicles in a move aimed at growing and developing the sector in South Africa.

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