The renewable energy sector is doing well at the East London Industrial Development Zone (ELIDZ), said the Department of Trade and Industry.

The East London Industrial Development Zone (IDZ) announced its first three investors, who will invest a total of R188 million into the IDZ plant on the West Bank, on Friday, 17 June.

South Africa's textile industry was in for a R400 million investment boost following decisions by foreign-local joint ventures to put up three greenfields plants, it emerged at the weekend.

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