InvestSA

In 2020, Aspen, the largest and internationally accredited pharmaceutical company in Africa entered into a partnership with Johnson & Johnson to produce more than 200m doses of life saving Covid-19 vaccines for the domestic and export markets in the port city of Gqeberha, formerly Port Elizabeth, in South Africa’s Eastern Cape. 

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Johnson & Johnson Believes in South Africa since 1932.

The offer of discounted telecommunications prices has reportedly lured three foreign call centre companies to commit to investments worth R400-million that will create up to 10 000 new jobs in South Africa.

Search engine giant Google has invested R103-million in the Jasper power project, a 96 megawatt solar photovoltaic plant near Upington in South Africa's Northern Cape province that will be capable of generating enough electricity to power 30 000 homes.

Global energy group BP, in partnership with University of the Witwatersrand's Targetting Talent Programm, is to invest R105-million over the next six years in developing a pipeline of talented professionals for South Africa.

Comparing year-end values, South Africa's stock exchange showed little movement overall in 2011, but held firm - and in doing so was one of the better performers in a turbulent year for equities worldwide, Moneyweb reports.

Multinational food company Nestle is to invest about 67-million Swiss francs (more than R500-million) to expand its operations in South Africa. The firm, which recently bought a soya products factory in North West province, has begun construction work on the first of two new factories in Gauteng.

South African businesses should take advantages of opportunities in Southern Sudan as soon as possible, with the new state set to gain independence on 11 July, says Defence Minister Lindiwe Sisulu.

South Africa and the rest of sub-Saharan Africa present significant potential for business investment by companies in the Middle East, according to a report released by the Economist Intelligence Unit in Dubai this month.

Johannesburg is taking steps to turn South Africa's famous township into a vibrant centre of economic activity - and a major-league entertainment destination and tourist drawcard - over the next five years.

South Africa and Malaysia are to set up a joint body to expand trade and investment, it was announced during a visit by Malaysian Prime Minister Abdullah Ahmad Badawi. The two countries have also signed an agreement on avoidance of double taxation.