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Gqeberha-based automotive company to invest millions in EC

Africa Auto Group


Eastern Cape Premier, Lubabalo Mabuyane has commended the 100% black-owned Gqeberha-based automotive company, Africa Auto Group, for investing R550-million in the Province.

This was announced at the South African Investment Conference in Johannesburg this week.

Mabuyane says they commend the company's role towards improving the economy and creating jobs.

He says it is important for the government to support black-owned enterprises to try and integrate them into the mainstream economy.

Auto Africa Group Business Development Director, Mandla Madwara says they are looking forward to working with the province.

He says they have pledged this investment in the auto industry of the province that will see the creation of much-needed jobs in Gqeberha.

Madwara said about 70 to 100 jobs per shift would be created.