South African Finance Minister visits Volkswagen Group South Africa

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South African Minister of Finance, Nhlanhla Nene recently visited Volkswagen Group South Africa in Uitenhage to see the operations of one of the automotive manufacturers in South Africa.

Volkswagen has been a popular passenger manufacturer in South Africa.

Volkswagen’s Uitenhage plant will produce about 137 000 Polos and Polo Vivos this year with over 80 000 being exported to markets around the world.

Volkswagen’s plans can be attributed in part to Government’s motor industry development programmes including the MIDP and the APDP which have provided a stable regulatory framework which encourages investments and long term stability. 

Nene toured the facility to familiarize himself with the operations of Volkswagen Group South Africa. 

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Bontle Moeng is the Founder and Managing Director of BizNis Africa. Moeng has spent 15 years working in the digital and online media industry across Africa. She applied her trade at True Love magazine prior to discovering her passion for Investment news in key sectors across Africa. Moeng previously worked for ITWeb, Starfish Mobile Technologies, ITNewsAfrica, AVATAR Agency, eNitiate, Global Interface Consulting and Havas Johannesburg. Her primary focus is to provide solid and valuable content on investment opportunities for the ICT, Energy and Mining sectors across Africa. In addition, the online news publication assists global companies to expand their presence in Africa. Email: news@biznisafrica.co.za

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