The main motive behind the establishment of the Industrial Development Zones (IDZs) in 2000 was to use the deep-water ports, former Trade and Industry Minister Alec Erwin has said
The Eastern Cape will get a R2,7bn a year boost with the construction of a R4,2bn manganese smelter in the Coega industrial development zone, but much of the benefit will be limited to the Nelson Mandela Bay metro area.
Listed property has shone amongst South Africa’s top 100 companies, based on share-price performance
South Africa's construction economy, which has been in retreat for three decades, is on the cusp of a new cycle of multidecade growth.
Officials believe the establishment of the Richards Bay Industrial Development Zone (IDZ) will attract light industry to this port town, which has previously been dominated by heavy manufacturing.
Twenty-five investment projects worth R29bn were approved under government’s strategic investment projects incentive programme between April 2002 and March last year, according to a report tabled in Parliament this week.
Kenmare Resources would start construction of its Moma titanium mine in Mozambique next year and production was still on course to come on stream in 2005, officials said last week
Maputo - BHP Billiton would only consider building a Mozal III nearer the end of this decade, the world's largest resources group said yesterday.
The Durban Marine Theme Park board, chaired by eThekwini mayor Obed Mlaba, had short-listed its preferred bidder to manage the R700 million uShaka Island Marine Park.

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