Major Japanese multinational automobile manufacturer, Nissan is set to invest $45 million in expanding production in Egypt rather than South Africa. Early this year the manufacturer announced that it is exiting vehicle manufacturing in South Africa, and sold its Rosslyn plant to Chinese automaker Chery. Business leaders in the country have raised concerns about the state of manufacturing in South Africa, saying such departures weaken the country's manufacturing base, contributing to factory closures and job losses. They also criticised government policies for creating an environment that hinders the country's attractiveness for manufacturing investment. Joining Thami Ngunbeni to discuss this further is Dr Alex Mohubetswane Mashilo, Visiting Researcher at the Southern Centre for Inequality Studies, University of the Witwatersrand, Johannesburg

Malawi’s Inflation drops, signaling emergency of economic stability
04:54

Taiwan reaffirms diplomatic ties with the United States
04:18

Africa Market Update - Fuel price volatility and its impact on consumers & agriculture
08:01