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VOLKSWAGEN is set to build a multi-million-rand truck and bus assembly line near its Uitenhage car plant
Established in 1946, Volkswagen of South Africa is a wholly owned subsidiary of Volkswagen Aktiengessellschaft (VWAG) in Germany. It is the largest German investment in South Africa. Volkswagen of South Africa is located in Uitenhage, an industrial town some 35km from Port Elizabeth in the Eastern Cape. Photographer: Mike Holmes
   

Volkswagen of SA celebrates Roof Wetting of new Paint Shop

Mr Tostmann called the building "a symbol of our confidence in the future of the automotive industry in South Africa, the Eastern Cape and in particular, the future of our Company here in Uitenhage". The automotive industry now accounts for 7,1% of the South African gross domestic product, which is 0.8% more than the mining sector. Read More

Volkswagen of South Africa produces 2.5 millionth vehicle
The 2.5 millionth vehicle has rolled off the production line at Volkswagen of South Africa’s Uitenhage factory, another major milestone in the Company’s 56 year history. Read More

New vehicle plant will set investment wheels rolling
THE metro’s business and political leaders yesterday applauded Volkswagen’s plan to build a multi-million-rand truck and bus assembly plant in Uitenhage Read More

Coega gets top visit boost
IN another significant step forward towards final agreement on the construction of a R16-billion aluminium smelter in the Coega Industrial Development Zone, a high-level team from giant Canadian company Alcan arrived in Port Elizabeth yesterday.

Italian leather makers invest R39 million
TWO of Italy's top automotive leather companies have opened a R39-million leather plant in the Eastern Cape town of Uitenhage, which forms part of the Nelson Mandela Metro.
TWO of Italy's top automotive leather companies have opened a R39-million leather plant in the Eastern Cape town of Uitenhage, which forms part of the Nelson Mandela Metro.

South African News Briefs

SA Mercs head for the US
SA's relations with global economic body "positive"
African City award to propel tourism
SA, EU broaden trade cooperation
New Renault to be made in SA
Tata to expand its SA presence even further
Dubai firm investing further $1 billion in V&A
UK's Telegraph recommends investment in SA property
Record investment in SA stocks
Foreign investment into SA leaps to R40 billion
UN reports booming South-South investment
Tata invests R650m in KZN
SA, Brazil and India join hands
South Africa: an engine for investment

Table Mountain shortlisted for New 7 Wonders spot
The top 28 wonders from around the world were announced today by the New7Wonders Foundation in Zurich, Switzerland. The finalists include legendary sites such as the Great Barrier Reef in Australia, the Grand Canyon in the USA and the Amazon in South America
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Eastern, Southern Cape have ‘hot‘ property ... THE Eastern and Southern Cape are becoming a haven for the world‘s super-wealthy, according to US publishing and media giant Forbes, which says four of the 10 most expensive homes in Africa are situated in the region.

South African growth accelerates
Under these circumstances South Africa could achieve stronger trend growth and more job creation on a sustainable basis.

SA a strategic partner for US in Africa
Current estimates of the entire global economy’s economic output stand at $36-trillion, a staggering $11-trillion of which is produced by the US economy. Sub-Saharan Africa is responsible for just $400 billion of the $11 trillion, of which SA has contributed $159 billion. While South Africa may pale in comparison to the US, it is nonetheless the world’s 20th largest economy in terms of purchasing power parity.

Chinese car company to invest R660m in SA
Chana Auto Company (ChangAn), the Chinese state-owned vehicle manufacturer, will invest US$80 million (about R662.4 million) in South Africa, Business Report said on Tuesday. more
   
Working Solutions - South Africa
Sharing Public and Private Resources
In 1996, the public hospital and surrounding clinics in Uitenhage, an industrial town in the Eastern Cape province in South Africa, were short of doctors and their infrastructure and services were beginning to deteriorate due to constraints on government funding. Many of the hospital's fee-paying, insured patients had shifted to nearby private hospitals, and revenues had fallen considerably. At the same time, a large factory in the town was concerned about the large and rapidly increasing cost of providing health coverage for its employees and was seeking a less expensive, more sustainable health care package. Read More
   
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