Tag: South Africa

First Ford Ranger Raptor trial units produced in South Africa

The dream of producing the highly anticipated Ford Ranger Raptor has taken a big step closer to becoming a production reality with the first...

South Africa gets $35 Bn in investment pledges towards $100 Bn...

South Africa has investment commitments of $35 billion as part of plans by President Cyril Ramaphosa to attract $100 billion over the next five...

Martina Biene appointed Head of South Africa Volkswagen brand

Martina Biene is the new Head of the Volkswagen Brand in South Africa, effective 1 October 2018. Martina Biene, who was previously the Head of...

World Bank, SECO sign $4.6m trust fund to boost SA financial...

South Africa’s efforts to strengthen its financial sector stability and improve financial inclusion got a boost with the signing of $4.6 million multi-donor Trust...

Ramaphosa says youth job creation target stands despite recession

South Africa's technical recession will not cause to downscale government's target of creating a million jobs for young citizens over three years, President Cyril...

South Africa in recession for first time since 2009, Rand slumps

South Africa entered recession in the second quarter for the first time since 2009, data showed on Tuesday, in a stinging blow to President...

South Africa is ready to do business with Peru – Ambassador...

South Africa is ready to do business with Peru. This is the terse message that the South African Ambassador to Peru, Ms Rachel Rasmeni...

South Africa’s trade balance swings to deficit in July

South Africa’s trade balance swung to a deficit of 4.66 billion rand ($317 million) in July from a revised 11.89 billion rand surplus in...

Britain to invest 56 million pounds in battery storage in South...

Britain’s Prime Minister Teresa May has committed 56 million pounds towards investment in battery storage in South Africa during her current trip to the...

Taiwan emphasizes Africa project

Following President Tsai Ing-wen’s visit to eSwatini, formerly known as Swaziland, earlier this year, the Ministry of Foreign Affairs (MOFA) held an event to...