foreign direct investment
SA, Chinese firms to build cement plant
South Africa's Women Investment Portfolio Holdings and limestone miner Continental Cement have announced a joint venture with the China-Africa Development Fund and Jidong Development Group to build a R1.65-billion cement manufacturing plant in Limpopo province.
Miller Matola At Africa Risk Conference
Africa is the second fastest growing region, delivering the highest returns on Foreign Direct Investment (FDI) in the world, yet the continent is plagued with the perception of having major risks associated with investment.
China buys into Standard Bank
China's largest bank, the Industrial and Commercial Bank of China, has purchased a 20% stake in South Africa's Standard Bank for US$5.5-billion, representing the largest foreign direct investment in the country to date.
