Investing in South Africa

Sunbird to supply Eskom with Ibhubesi gas

Sunbird Energy, an Australian listed energy company, has signed a 15-year gas sales term sheet which will see it supplying gas to Eskom. South Africa's national energy utility plans to use gas rather than costly diesel to power its generators.


IBM invests R700m in SA research lab

IBM plans to expand its global research network into South Africa by establishing a research lab in Tshimologong Precinct in Braamfontein. The lab will focus on advancing big data, cloud computing and mobile technologies.


International call centre opens in Durban

CCI Call Centres has opened a R200-million call centre in Umhlanga. The company now has three facilities in South Africa, employing more than 4 000 people, from where it services some of the UK's leading brands in the mobile, technology, telecommunications and financial sectors.


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.

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