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

<p>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 &nbsp;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</p>

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

<p>In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.</p>