Malaysia, not China, is Asia's top investor in Africa
A survey of foreign investment into and out of the five BRICS countries, published on the eve of their summit in South Africa and while new Chinese President Xi Jinping visits the continent, revealed that China's march into Africa has lagged behind the flow of cash from Kuala Lumpur.
Tata in Africa: pioneer forges ahead
When anyone speaks about investment into Africa, China comes to mind. It’s the familiar and contentious story of
a developing power drawn to a resource-rich continent.
But now another growing economy, India, is eyeing Africa – and India’s most prominent industrial house, Tata
GM’s SA unit begins new bakkie production, still hunting car export prospects
Production of the new-generation Isuzu KB pick-up has started at General Motors South Africa’s (GMSA’s) Port Elizabeth plant, with assembly for the sub-Saharan Africa export market kicking off in July or August, says General Motors (GM) Africa and GMSA MD Mario Spangenberg.
Land Rover, CMC in fresh row over car parts supply
The row between motor dealer CMC Holdings and Jaguar Land Rover (JLR) has taken a new twist after the South Africa-based firm refused to supply the Kenyan unit with spare parts.
The Nairobi bourse-listed auto dealer has gone to court accusing its business partner of disobeying orders, which
