A 166 million-dollar Stellantis automotive manufacturing facility project located in the Coega Special Economic Zone (SEZ) in the Eastern Cape province of South Africa is said to be on track, a year later.

A project which was launched in September last year was set to create employment and bolster economic growth in the province.

It is reported that last year, 11 new companies joined the zone, together representing a 44-million-dollar initial investment in the Eastern Cape's Coega Special Economic Zone (SEZ).

Thami Ngubeni spoke to the Executive Manager of Business Development at Coega Development Corporation, Asanda Xawuka.

A 166 million-dollar Stellantis automotive manufacturing facility project located in the Coega Special Economic Zone (SEZ) in the Eastern Cape province of South Africa is said to be on track, a year later.
A project which was launched in September last year was set to create employment and bolster economic growth in the province.
It is reported that last year, 11 new companies joined the zone, together representing a 44-million-dollar initial investment in the Eastern Cape's Coega Special Economic Zone (SEZ).
Thami Ngubeni spoke to the Executive Manager of Business Development at Coega Development Corporation, Asanda Xawuka.

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

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The Eastern Cape's Coega Special Economic Zone attracts millions of dollars in investment 

South Africa's Department of Social Development says they have received information that about 96 undocumented children had been arrested and detained as part of the illicit miners in Khuma Stilfontein.

In a statement, the department says it will place all identified and legally declared undocumented children in accommodation, and provide for their basic needs, while they are still waiting to be processed in terms of the Child Justice Act.

Thami Ngubeni spoke to Lumka Oliphant, Acting Deputy Director General for Corporate Support Services at the Department of Social Development.

South Africa's Department of Social Development says they have received information that about 96 undocumented children had been arrested and detained as part of the illicit miners in Khuma Stilfontein.
In a statement, the department says it will place all identified and legally declared undocumented children in accommodation, and provide for their basic needs, while they are still waiting to be processed in terms of the Child Justice Act.
Thami Ngubeni spoke to Lumka Oliphant, Acting Deputy Director General for Corporate Support Services at the Department of Social Development.

Ninety-six  undocumented children from the Stilfontein mine in the care of South Africa's Department of Social Development 

The Zimbabwean government says it will need a sponsor to fully clear its debt, even after successful negotiations for both domestic and foreign debt.

The country hosted its sixth High-Level Structured Dialogue Platform Forum on Arrears Clearance and Debt Resolution Process in the capital.

At the forum, stakeholders acknowledged that significant challenges remain.

Currently, under the guidance of the African Development Bank (AfDB) and advice from former Mozambican President Joaquim Chissano, Zimbabwe is working to clear domestic debt, including compensating white farmers who lost land.  

Channel Africa's Correspondent in Zimbabwe, John Cassim filed this report.

The Zimbabwean government says it will need a sponsor to fully clear its debt, even after successful negotiations for both domestic and foreign debt.
The country hosted its sixth High-Level Structured Dialogue Platform Forum on Arrears Clearance and Debt Resolution Process in the capital.
At the forum, stakeholders acknowledged that significant challenges remain.
Currently, under the guidance of the African Development Bank (AfDB) and advice from former Mozambican President Joaquim Chissano, Zimbabwe is working to clear domestic debt, including compensating white farmers who lost land.  
Channel Africa's Correspondent in Zimbabwe, John Cassim filed this report.

Zimbabwe needs a sponsor to fully clear its domestic debt

US President Joe Biden is this coming week expected in Africa for an official visit to Angola.

The US President's visit is premised on his country's continued relations and support to the African continent.

But what do African States benefit from this tour?

Channel Africa's Correspondent in Zambia, Arthur Davies Sikopo filed this report.

US President Joe Biden is this coming week expected in Africa for an official visit to Angola.
The US President's visit is premised on his country's continued relations and support to the African continent.
But what do African States benefit from this tour?
Channel Africa's Correspondent in Zambia, Arthur Davies Sikopo filed this report.

The Eastern Cape's Coega Special Economic Zone attracts millions of dollars in investment

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