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INVEST DURBAN SPONSORS BUSINESS BREAKFAST

nvest Durban was a The target audience for the protect the planet, and ensure who are experts in their fields. investor advisory service, plus key
proud sponsor of the breakfast included potential that all people enjoy peace and promotion, facilitation, aftercare
Vusi Thembekwayo: founder
IMANCOSA East Coast Radio business people, entrepreneurs, prosperity. Recently, Invest ■ and CEO of the MyGrowthFund services between all investment
Business Breakfast, which was as well as extended to working Durban became one of the Venture Partners stakeholders.
held on Thursday, 11 April 2024, at professionals and chief executive 14 signatories at the World Invest Durban was
Durban’s ICC. officers. Economic Forum to champion ■ Leanne Manas: Award-winning recommended by the Durban City
the establishment of a Climate broadcast anchor, UNHCR
The theme of this year’s Importantly, the event included Goodwill Ambassador Council and organised private
breakfast was #From Dreams to a focus on ‘Business with a Foreign Direct investment ■ John Sanei: Bestselling author, business as the “First Stop Shop”
Coalition. Through the
Legacy. The aim of the breakfast purpose’ which emphasised the Coalition we aim to share best global keynote speaker, to stimulate economic growth and
was to inspire individuals to act impact of any initiatives on the practices, offer mutual support, futures strategist, podcaster, new investment in the Durban
and follow their dreams in order business world and communities. and foster collaboration at a dog advocate metropolis. 
to reach their goals.
Curtis added, “Globally regional level. The initiative’s ■ Miles Kubheka: Keynote
Russel Curtis Head Invest the concept of sustainability aim is to explore and facilitate speaker, author, celebrity chef, For more information visit
Durban commented, “We were has become a cornerstone of green investment opportunities, entrepreneur, cook show TV www.invest.durban
delighted to participate in the effective business practice. This contributing to climate-aligned host and philanthropist
MANCOSA East Coast Radio concept has been formalised growth and development.”
Business Breakfast, which is in in the 17 United Nations The business breakfast provided Invest Durban act as a
line with our goal of promoting Sustainable Development an opportunity to obtain insights partnership between the Metro
business investment in the Goals (SDGs), which are a from some renowned speakers City Council and the private
region.” call to action to end poverty, business sector, offering a free

UPGRADE FOR TETRA PAK’S PINETOWN PLANT

nder the theme, and introduce plant-based welcome and support efforts benefits to customers through contribute to the local economy.
Unlocking South African packages. This advancement to revive South Africa’s local localised production, quicker The reopening of Tetra Pak’s
UGrowth, President not only empowers Tetra manufacturing sector.” time-to-market, sustainable
Cyril Ramaphosa, along with Pak to cater to a wider range President Ramaphosa added packaging solutions, and various upgraded plant in Pinetown
signifies a pivotal milestone
Klaus Plenge, Managing of customer needs but also that this investment is very innovative offerings. for the company and stands
Director Southern Africa, and elevates the quality and value of timely, given South Africa’s recent In line with their commitment as a testament to its steadfast
Nomusa Dube-Ncube, Premier services provided to customers
of KwaZulu-Natal, officially throughout South Africa. commencement of trade under to customer satisfaction, Plenge dedication to fostering prosperity
and sustainability in South Africa.
highlighted the importance of
the Africa Continental Free
reopened Tetra Pak’s plant in While delivering his keynote Trade Area or Ramp. Exports swift problem-solving and stressed
Pinetown, KwaZulu-Natal. This address stated President Cyril to the rest of Africa already the collective effort required “This achievement would not
factory upgrade forms part of have been possible without the
a R500 million investment by Ramaphosa, “Government include Mozambique, Zimbabwe, to promote local sourcing and unwavering commitment and
explore export opportunities. He
Zambia, Malawi, Botswana,
welcomes Tetra Pak’s investment
Tetra Pak in the South African into the manufacturing industry Nigeria and Kenya. underlined the company’s belief in dedication of our exceptional
economy, that in turn forms part which aligns with on-going collaboration and recognised the team. I am incredibly proud of
of the Presidential Investment Premier Dube Ncube our Tetra Pak team for their
Mobilisation Drive. efforts to rebuild and strengthen commented, “The significance of essential role of the government tireless effort and unwavering
the sector. Our commitment to in fostering a business-friendly
Tetra Pak is a global leader building industries, expanding Tetra Pak’s commitment extends environment conducive to dedication,” said Plenge.
in packaging and processing industrial capacity, and investing beyond monetary value. We are innovation and economic progress. “We eagerly anticipate
thrilled that this company chose
solutions for the food industry in infrastructure is paramount. to invest its capital in KwaZulu- Furthermore, Plenge expressed harnessing partnerships, forging
and has had a presence and By doing this, together with the more profound collaborations,
manufacturing footprint in South private sector we strengthen Natal, South Africa. Moreover, gratitude for governmental and further strengthening our
Africa since 1963. our economic competitiveness, witnessing the realisation of support in promoting local relationships with stakeholders
sourcing and encouraged the
this pledge into a tangible and
expand the South African to drive innovation, promote
The factory was originally valuable investment fills us all establishment of a regulatory
built 45 years ago in 1979, and footprint globally and foster with pride.” framework that fosters innovation sustainable practices, and deliver
enhanced value to our customers.”
sustainable, growth for all. A
its longevity is testament to local manufacturing facility and economic growth.
the power of innovation. The Klaus Plenge emphasised South Africa is an investment
Tetra Pak’s endorsement and
extensive two-year upgrade was means greater exports and a that this investment marks a membership in the Proudly South destination with significant
significant milestone in Tetra
boost for South Africa’s Economic
strategically aimed at enhancing Reconstruction and Recovery Pak’s dedication to bolstering Africa organisation underscore untapped potential, and by
and expanding the production Plan. As Government, we leveraging our unique value
capabilities of the Pinetown the South African economy and the significance of maintaining proposition, we have the ability
facility, enabling Tetra Pak to remain steadfast in rebuilding supporting its customers. The a local manufacturing presence to attract higher levels of
our manufacturing sector and
to better serve customers and
upgrade is set to deliver tangible
diversify its packaging formats investment. 

The Tetra Pak factory upgrade forms part of a R500 million investment in the South African President Cyril Ramaphosa, along with Klaus Plenge, Managing Director Southern Africa, and
economy. Nomusa Dube-Ncube, Premier of KZN, officially reopened Tetra Pak’s plant in Pinetown, KZN.

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