Today's Labour News

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kznlogo thumb100 Business Report reports that KwaZulu-Natal (KZN) Premier Willies Mchunu announced on Monday that a Chinese company, Jingmen Hubei from Hubei Province, will be opening two more factories in KZN at Izimbokodweni and Umgababa, South of Durban.  

This will be in addition to a project in Cato Ridge, where Jingmen Hubei has acquired a 60% stake in Shu Powders, a cobalt powder manufacturer.  According to a statement, the factories will feature a large recycling park and are also expected to create up to 1,000 jobs specialising in recycling.  “These (projects) are indeed good news that will help strengthen socio-economic relations between the two provinces,” Premier Mchunu said.  He added that the province was keen to take advantage of bilateral relations between South Africa and other countries, including the BRICS bloc.


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