Southern Africa | Report Focus News - Page 3

Southern Africa - Page 3

Mahindra

Mahindra Explores Vehicle Assembly Expansion in South Africa

JOHANNESBURG – Indian automaker Mahindra has signed a memorandum of understanding (MoU) with South Africa’s Industrial Development Corporation (IDC) to explore the possibility of establishing a full-scale vehicle assembly plant in the country. The agreement will facilitate a detailed feasibility study to assess
February 27, 2025
President Cyril Ramaphosa

Ramaphosa Defends Budget Delay, Says GNU Remains Strong

President Cyril Ramaphosa defended the last-minute postponement of South Africa’s budget speech Monday, calling it “unfortunate” but necessary to maintain unity within the new coalition government. The delay, announced just hours before Finance Minister Enoch Godongwana was scheduled to present the budget,
February 24, 2025