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Chinese government pledges billions to industrialise Africa

Chinese government pledges billions to industrialise Africa

Chinese delegates, including commerce vice-minister Zhang Xiangchen met South Africa's Trade and Industry director-general to discuss their multibillion-rand investment into Africa and the upcoming Forum on China-Africa Co-operation, to be held in December.
Chinese firms urged to invest in SA

Chinese firms urged to invest in SA

Deputy President Kgalema Motlanthe, in his opening address at the 5th South Africa-China Bi-National Commission in Beijing on Monday, called for greater participation by Chinese companies in renewable energy, mining, banking, manufacturing and rail infrastructure in South Africa.
Chinese automaker's SA plant 'on track'

Chinese automaker’s SA plant ‘on track’

Construction of Chinese manufacturer First Automotive Works' truck assembly plant at the Coega industrial development zone in the Eastern Cape is on track for completion by the first quarter of 2014 at the latest, the Coega Development Corporation said on Tuesday.

Monument draws Far East visitors

The Voortrekker Monument is proving a strong draw card for Chinese tourists as it repositions itself as a symbol of the earliest struggle against colonialism, and was named the best of the best at the 2013 China Outbound Tourism and Trade Market.
Freedom Park: celebrating peace

South Africa gets new GE locomotives

Transnet in Chinese rail funding pact

South African freight logistics company Transnet has signed a deal with the China Development Bank that is expected to yield a loan in the region of US$5-billion (R45-billion) to help finance the country's massive rail infrastructure upgrade programme.
South Africa gets new GE locomotives

Chinese firm wins SA locomotives order

A consortium led by Chinese manufacturer CSR Zhuzhou Electric Locomotive has been named as the winning bidder to supply Transnet with 95 electric locomotives as the South African state company embarks on a massive drive to upgrade its freight rail capabilities.

Chinese, SA firms help ‘green’ COP 17

A Chinese investment company is to buy carbon credits from a Johannesburg brick factory registered under the Kyoto Protocol's emissions trading scheme to offset the travel of over 750 UN-sponsored delegates to COP 17 in Durban.
Chinese firm snaps up Telkom Media

Chinese firm snaps up Telkom Media

Chinese business is set to break into South Africa's pay-television market, with South African fixed-line operator Telkom selling its 75% stake in Telkom Media to the local arm of Chinese firm Shenzhen Media.

BEE benefit for SA Chinese

The Pretoria high court has ruled that South African Chinese may be reclassified as black. This ruling will enable the group to benefit from the country’s employment equity and black empowerment legislation.

Chinese bank invests in SA

China's largest bank, the Industrial and Commercial Bank of China, has offered to purchase a 20% stake in Standard Bank, South Africa's largest bank by assets and earnings, for US$5.5-billion, representing the largest foreign direct investment in the country to date.


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