Siemens in local manufacturing pact with black industrialist

German electronics manufacturing company Siemens has entered into a local manufacturing agreement with Cape Town-based black industrialist company Electro Inductive Industries (Eii). Through this partnership, Eii will benefit from internationally recognised skills and knowledge transfer, while Siemens will benefit from having its own branded transformers that are mainly locally manufactured. “The local transformer manufacturing industry…

BLSA Statement on the anniversary of the Public Protector’s report on state capture

On the anniversary of the publication of the Public Protector of South Africa’s report on state capture, Business Leadership South Africa (BLSA) repeated its call for a judicial commission of inquiry into state capture and made the following statement: A year ago, the Public Protector published her report detailing how far our country and government…