KZN BASKING IN NEW WAVE OF INVESTMENT, SAYS ZIKALALA

MEC for Economic Development Sihle Zikalala said 15 out of 46 investment commitments recently mentioned by President Cyril Ramaphosa were packaged by KZN and their net effect would see R25.5 billion out of R110bn destined for the province. Zikalala said KZN investors had also committed investments within the next five years, including Sappi’s R7.7bn, Toyota’s R40bn, Sumitomo Rubber’s R1bn, and Mondi’s R8bn. | www.iol.co.za