What Nissan’s R3bn ‘milestone’ investment means for SA
President Cyril Ramaphosa says the Japanese vehicle maker’s investment in its SA subsidiary proves critics wrong
Japanese vehicle maker Nissan’s R3bn investment in its SA subsidiary will virtually double production, create 1,200 new jobs and turn the company’s Pretoria assembly plant into a world-class manufacturing base, Nissan SA MD Mike Whitfield said on Wednesday. President Cyril Ramaphosa, who attended the announcement ceremony at the plant in Rosslyn, said this was a "milestone" in foreign investment. If you are already a subscriber, please click on the following link to go to the full article: Nissan’s R3bn outlay ‘proves cynics wrong’ If you would like to subscribe to BusinessLIVE to read the full story, please click here.