JOHANNESBURG - The South African arm of Nissan will spend R3 billion equipping its local plant to build the Japanese carmaker’s new Navara model, the unit’s boss said on Wednesday.
While production operations elsewhere will also build the new Navara, a pick-up, Nissan South Africa will supply the local and continental market. Ramaphosa, who was at the event on Wednesday, is trying to secure $100 billion in investment into South Africa within five years. Ramaphosa said Nissan’s investment marked a “milestone” in his drive and was a vote of confidence in South Africa.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nissan to invest R3bn in SA to build new Navara modelThe manufacture of the Navara from 2020 will also create about 400 direct jobs
Source: BDliveSA - 🏆 12. / 63 Read more »
President Ramaphosa to officiate Nissan South Africa investment ceremonySouth Africa’s ambition is to attract R1,4 trillion in domestic and international investment over a period of five year.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
Nissan to build Navara in SA as part of R3bn investment | IOL MotoringA full range of Navaras will be produced locally as Nissan South Africa announces R3 billion investment in Rosslyn plant. motoring Good news 👍🏿
Source: IOL - 🏆 46. / 51 Read more »
Nissan pledges R3bn to SA for manufacture of new Navara modelNissan plans to invest a further R3 billion in its South African plant to prepare for production of the latest version of the Navara pickup.
Source: News24 - 🏆 4. / 80 Read more »
Culture is key as Mzansi grows for gold at Chelsea Flower ShowKirstenbosch Botanical Gardens in Cape Town will look to SA’s many cultures for inspiration at this year's Chelsea Flower Show in the UK.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Maverick Life: In South Africa, Beyonce’s makeup artist is launching an exclusive line of vegan makeupSir John, the man whose clients’ list stretches like a Hollywood A-Listers’ Rolodex, fell in love with South Africa’s warm welcome and vim during one of his visits to the country, and now he is launching an exclusive line of vegan makeup in collaboration with W Beauty.
Source: dailymaverick - 🏆 3. / 84 Read more »
OPINIONISTA: BEE inadvertently became ‘prime enabler of State Capture and corruption’ in South AfricaInstead of righting the economic wrongs of the past, BEE had the opposite effect as the economic plight and well-being of the vast majority worsened due to ill-conceived and poorly implemented legislation. Exactly what Dr IOL Survey has been saying all along
Source: dailymaverick - 🏆 3. / 84 Read more »
Newsdeck: Bobani remains NMB mayor after motion of no confidence desertedMongameli Bobani is to remain the mayor of the Nelson Mandela Bay municipality after the Patriotic Alliance deserted its motion of no confidence against him. Gangsters prevail ! Shem. AtholT must be devastated Look who voted for him. Says a great deal.
Source: dailymaverick - 🏆 3. / 84 Read more »
Newsdeck: Alexandra residents consider taking protests to Sandton to get mayor’s attentionResidents of Alexandra have vowed to set tyres and rubble alight in Sandton and other neighbouring suburbs if City of Johannesburg Mayor Herman Mashaba doesn't meet them soon. This is how the stupid mind works!!! Can't they find lootilihouse on their smartphones? CyrilRamaphosa ALETTAHA ReardonSandra Toi-toi sing loot burn demand everything free: Toi-toi sing loot burn demand everything free: repeat The most & best activist ever achieved from black Africans.
Source: dailymaverick - 🏆 3. / 84 Read more »
Illegal economy costs South Africa R1-trillionSars has its sight set on big tax defaulters.
Source: eNCA - 🏆 49. / 51 Read more »