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Ford’s R3bn investment welcomed by cabinet

Cabinet has welcomed Ford Motor Company’s R3 billion investment into its Silverton plant in Tshwane. The investment is expected to create direct and indirect jobs due to increased production of the Ford Ranger Model according to Communications...
BMW plant in Rosslyn

IFC signs $150 million loan agreement with BMW

The International Finance Corporation (IFC) has signed a $150 million loan agreement with BMW South Africa help build local capacity and support a stronger, diversified local economy. The IFC financing is part of R6 billion investment in a BMW...