JOHANNESBURG – Limpopo Premier Stan Mathabatha has told Eyewitness News that China’s investment in South Africa will help develop the country instead of plunging it into debt.
His province has secured close to R140 billion in funding to resource the province’s special economic zone project.
He says the development will eradicate poverty and advance a better life for residents while offering opportunities for small businesses.
But he hasn’t gone into details of the terms and conditions attached to the deal.
Mathabatha says at least 21,000 jobs will be created starting in March.