Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Imports and Exports
Technology

BMW Rosslyn investment will create 20 000 jobs

29 Jun 2023 - by Staff reporter
A BMW X3 hybrid intended for the European market, photographed on the R43 near Hermanus. Source: Tripura News
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

The South Africa division of Bayerische Motoren Werke, better known as BMW, has announced that it will invest R4.2 billion rand in going electric at its Rosslyn production plant over the next five years.

The next-generation BMW X3, a plug-in hybrid model, will be exclusively manufactured in Pretoria for export purposes. Many of its target markets are introducing deadlines after which new combustion engine vehicles will not be sold.

The BMW investment secures jobs for over 20 000 employees and showcases, according to a statement by the company.

BMW SA also made a donation of R30 million to support a United Nations Children's Fund (UNICEF) program aimed at enhancing education in science, technology, engineering, arts and mathematics for South African school learners.

South Africa’s official policy about introducing electric vehicles in the country is expected from the Department of Trade and Industry in the first quarter of next year.

 

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Africa’s petroleum powerhouse due to start producing

Africa

Dangote will produce 650 000 barrels a day, giving it the potential to address Nigeria’s energy supply crisis.

 

09 Jun 2023
0 Comments

Shipping must steer drive for climate solutions

International

The public and private sectors have an unprecedented opportunity to bring the planet back from the brink of disaster.

09 Jun 2023
0 Comments

AF-KLM eyes TAP

Air Freight

TAP’s Brazilian presence cited as a key factor.

 

09 Jun 2023
0 Comments

Tea changes for Tanzanian farmers

Africa

More formalised control of the cash crop will help farmers find markets and reduce the cost of transporting the produce abroad.

09 Jun 2023
0 Comments

Illicit trade one of biggest threats to economic growth, says Busa

Africa

Sars estimates that illicit trade costs the South African economy R100 billion every year.

09 Jun 2023
0 Comments

Figures reflect sharp decline in carriers' Ebit in Q1

Economy

The only silver lining is while y-o-y comparisons with 2022-Q1 show a horrifying picture, profitability has risen compared to before Covid-19.

09 Jun 2023
0 Comments

A bad economy can be a good thing

Economy

Unemployment, which has reached a staggering 46%, is a significant risk that needs to be addressed urgently.

08 Jun 2023
0 Comments

Top CEOs offer help to Transnet operations

Africa

"It is remarkable that through all this, the economy has not broken.” – Adrian Gore, Discovery CEO.

08 Jun 2023
0 Comments

Treasury rejects Eskom's exemption application

Africa

Civil rights groups have welcomed the decision that the utility must disclose all irregular, fruitless, and wasteful expenditures.

08 Jun 2023
0 Comments

ZEP permit holders get another reprieve

Africa

Submissions received from affected Zimbabwean nationals were considered, says the Department of Home Affairs.

08 Jun 2023
0 Comments

SA to decarbonise without losing jobs – Ramaphosa

Africa

The transition from a high to low-carbon emitting economy is expected to hurt some 100 000 jobs in the mining sector alone.

08 Jun 2023
0 Comments

Insurance re-evaluated for truck and bus sector

Africa

The unrest in KZN in 2021 and the floods the following year had a massive impact on the insurance industry.

08 Jun 2023
0 Comments
  • More

FeatureClick to view

The Cape 16 May 2025

Border Beat

The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
More

Featured Jobs

New

Seafreight Export Controller

Tiger Recruitment
Cape Town
15 May
New

Import Manager (NVOCC)

Switch Recruit
Eastrand
15 May

Sales Co-Ordinator

Lee Botti & Associates
Cape Town
14 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us