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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.