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Coega secures R300m Afrox investment

Coega secures R300m Afrox investment

Industrial gas company Afrox has signed a land lease agreement with the Coega Development Corporation for the construction of a R300-million air separation unit at the Coega industrial development zone in the Eastern Cape.
Sasol in Mozambican gas venture

Aus firm gets SA gas project go-ahead

Australian-listed Sunbird Energy has received government approval for the acquisition of the Ibhubesi gas project off South Africa's west coast, paving the way for a multi-billion rand investment that would boost the country's gas-to-electricity generation capacity.
Huge deposit boost for SA platinum

Canadian miner set to invest in SA

Canadian company Ivanplats has filed a mining right application for a major project in South Africa's Limpopo province which could see the first serious foreign direct investment in the country's platinum sector in a number of years.

Denel ‘moving beyond weaponry’

South African state-owned aerospace and defence technology company Denel is looking to diversify its offerings, moving beyond weaponry and opening exports to new markets, in order to reduce its dependency on government funding, the company said on Tuesday.
Cranes boost for SA port productivity

Cranes boost for SA port productivity

South African state company Transnet has unveiled seven new ship-to-shore cranes at the Durban Container Terminal Pier 2 as part of its accelerated crane fleet acquisition programme to drive productivity and boost efficiency.
Joburg to host 2010 broadcast centre

Budget hotel begins Africa roll-out in SA

London-based investment holding company Lonrho and British entrepreneur Sir Stelios Haji-Ioannou's investment business, the easyGroup, have joined forces to open their first African budget hotel in Johannesburg.
Cape Town to get cruise liner terminal

Cape Town to get cruise liner terminal

South African state company Transnet has given the go-ahead for a dedicated berthing terminal for cruise liners in Cape Town's Table Bay Harbour, opening the way for more international cruise liner operators to include Cape Town on their itineraries.
Coega Dairy 'coup' for emerging farmers

Coega Dairy ‘coup’ for emerging farmers

Franchise restaurant group Famous Brands is partnering with the Coega Dairy Company in a state-of-the-art cheese manufacturing plant that will bring R55-million in new investment into the Eastern Cape while providing a robust, growing market for emerging dairy farmers in the region.
Burger King eyes South African market

Burger King to open in South Africa

Global fast-food company Burger King will open its first restaurant in Cape Town during the first half of 2013, marking the beginning of its move into South Africa and the southern African region.
Trade Port to boost KZN exports

Durban dug-out port to boost SA trade

South African state company Transnet has signed a R1.8-billion deal to buy the old Durban International Airport, which will be turned into a multibillion-rand dug-out port that will boost the country's competitive edge while creating thousands of new jobs.


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