Finance

Ford announces 1,200 new jobs in South Africa

Ford announces 1,200 new jobs in South Africa
Wednesday, 17 July 2019 17:29

The South African unit of car manufacturer Ford announced Wednesday it will hire an additional 1200 employees at one of its local assembly plants, increasing its workforce in the country by more than 25%.

The measure, which will bring production to 720 cars per day (from the current 506), is linked to the $215 million investment announced in 2017 to increase annual production to 168,000 units. New jobs will be available in August and will focus on the New Ranger, Ranger Raptor and Everest models.

The U.S. company currently employs about 4,300 people in South Africa, at the Pretoria plant and at another site in the coastal city of Port Elizabeth. About one-third of Ford's local production is sold in South Africa and other sub-Saharan African countries, with the rest exported outside Africa.

Romuald Ngueyap

On the same topic
Gabon raises CFA 106.5 billion in oversubscribed bond issuance Two tranches fund infrastructure, health, education, housing projects Strong regional...
Nigeria’s SEC approves FCMB-TLG Private Debt Fund Series II launch Fund targets ₦20 billion for corporate debt to mid-sized firms Strategy focuses on...
Public debt rose to CFA8,606.6 billion by end-October 2025 Domestic debt now exceeds CFA4,391 billion, driven by regional markets Debt arrears...
Togo cut projected 2025 budget revenue by 1% to CFA1,472 billion while raising spending by 2.3% to CFA1,717.1 billion. The revised budget shows a...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
03

Airtel Africa signed a partnership with SpaceX to launch Starlink Direct-to-Cell satellite connect...

Airtel Africa Partners With SpaceX to Roll Out Starlink Direct-to-Cell
04

Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...

Fitch Says Côte d’Ivoire Has “Left Political Risk Behind” as Rating Upgrade Highlights Strengthening Fundamentals
05

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.