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KZN secures R124.5bn in investment pledges

Reported by SAnews South African News

KwaZulu-Natal reported R124.5 billion in investment commitments, surpassing its R95 billion target by R29.5 billion. The projects are expected to create more than 330,000 jobs, according to the source.

At a glance

  • Affected location: KwaZulu-Natal
Horasis Global China Business Meeting 2012
Illustrative image: Horasis Global China Business Meeting 2012 — Richter Frank-Jurgen/Wikimedia Commons, CC BY-SA 2.0
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Why it matters

The reported commitments exceed the province’s target and are associated with more than 330,000 expected jobs.

Location

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Generated scores

Scores are based on the cited reporting and use a 1–10 scale. Read the methodology.

Confidence
6/10
Geographic reach
3/10
Global importance
4/10
Impact magnitude
5/10
Urgency
1/10

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