SA businesses happy with progress of Angolan trade and investment mission

JOHANNESBURG - The South African business people participating in a 5-day trade and investment mission to Angola, where Deputy Minister Magwanishe is leading a business delegation comprising 20 members are pleased with the progress so far.

The businesspeople, whose participation has been funded by the Department of Trade and Industry (the dti), expressed satisfaction with the exposure and reception that they have been receiving since the mission started on Monday, 16 July 2018. They have even expressed confidence in securing a noticeable amount of deals on their return.

The Chief Executive Officer of Rail Roads Association, Ms Mesela Nhlapo says the association is looking for trade, investments and partnership opportunities in the rail space. She says the association whose main purpose is to promote and protect the common purpose of persons, companies and organisations within or associated with the railway industry, has managed to secure good leads.

“We managed to meet with the biggest railway company that needs a wide range of assistance from the railway safety regulators to spare parts, new locomotives and refurbishment of locomotives.

As a result, we will bring a technical delegation in two weeks from different sub-sectors of the industry and we are already quoting on some components,” says Nhlapo. -IOL