COSATU Welcomes €11.5 Billion Investment Package
The Congress of South African Trade Unions (COSATU) has welcomed the €11.5 billion European Union Global Gateway Investment Package in South Africa.
This package, announced by European Commission President Ursula von der Leyen and South African President Cyril Ramaphosa, is expected to raise investments in South Africa, boosting the economy, jobs, and local businesses.
- R173 billion in a Just Energy Transition
- R24 billion in the Just Component
- R20 billion in infrastructure and connectivity
- R6 billion in building the pharmaceutical value chain
This is a welcome boost to our economy, jobs, local businesses, infrastructure, including energy generation capacity.
COSATU appreciates the package's commitment to raising European investments in South Africa, which will be invaluable to local jobs, communities, businesses, and value chains.
Author's summary: COSATU welcomes €11.5 billion EU investment package.
More News
- 'Burdened' by turbines: why $2.57m is not a 'fair share' for this council
- Combat veteran, FOX News host Johnny 'Joey' Jones share his story at Mon County Reagan Dinner - Dominion Post
- Juventus defender Daniele Rugani open to signing new contract
- €11.5 billion investment package welcomed - COSATU - POLITICS | Politicsweb
- Hidden away in the city of Mumbai, this private meditation pavilion offers a secret repose
- What's the best non-flying use of Virgin Points?
- Zimbabwe National Health Insurance will likely see more taxes
- Enhancing Zimbabwe’s Matebele, Mashona goats through breed standards
- Skip Bayless Accuses LeBron James of Faking Injury to Protest Lakers Treatment
- Polgári napilap és hírportál | Magyar Nemzet