President Cyril Ramaphosa has reiterated government’s strategic shift in government spending during his address at the 2025 National Construction Summit in Ekurhuleni, on November 13
Investment
The African Rail Industry Association (ARIA) has hailed the R3.4 billion investment in locomotive production by Traxtion as a move that will enable competitive and open-access rail network, and reinforce Transnet’s capacity to support national targets.
The South African government has secured investment commitments from Chinese and Indian automotive companies to transform local auto production.
South Africa is positioning itself as the continent’s digital and investment powerhouse, using its economic resilience and advanced infrastructure to attract global capital and drive Africa’s growth story.
South Africa’s ocean economy has become a focal point for investment, drawing in over R4 billion, a significant achievement largely bolstered by government initiatives aimed at harnessing the nation’s maritime potential over the past decade.
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