DStv Channel 403 Saturday, 30 November 2024

China, SA businesses pen $2bn deals

JOHANNESBURG - Chinese and South African companies penned business deals last week valued at over $2-billion -- nearly R38-billion with today's exchange rate.

The deals ranged from minerals to large agricultural products, including wool and related products.

READ: 2023 BRICS Summit | SA’s position on the continent and bloc

This meeting between business leaders comes just over a week before South Africa hosts BRICS leaders.

"These are just straightforward commercial deals," said Donald MacKay from XA Inte.

"It's not the first commercial deal we've done with China and I suspect it won't be the last."

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