• About
Sunday, June 1, 2025
iReport South Africa
  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
No Result
View All Result
  • Home
  • Latest News
  • Politics
  • ENTERTAINMENT
  • Lifestyle
  • Crime
  • SPORTS
  • IREPORT TV
No Result
View All Result
iReport South Africa
No Result
View All Result
Home News Politics

Ramaphosa Meets Elon Musk to Discuss Investment in South Africa

September 24, 2024
0
Ramaphosa Meets Elon Musk to Discuss Investment in South Africa
0
SHARES
Share on FacebookShare on Twitter
  • President Ramaphosa met with business owners in the USA, including Elon Musk, the wealthiest person in the world and a South African-born American billionaire.
  • During the meeting, Ramaphosa extended an invitation to Musk to consider investing in South Africa.

President Cyril Ramaphosa held talks with South African-born billionaire Elon Musk in New York, aiming to attract investment to South Africa.

The meeting focused on exploring potential business opportunities for Musk’s companies in South Africa. Ramaphosa emphasized the country’s favorable investment climate and encouraged Musk to invest in his home country.

Musk’s Starlink, a satellite internet service, is currently in discussions with the South African government to introduce its services in the country. This move would significantly enhance South Africa’s connectivity and economic development.

One of the key topics on the agenda was Tesla’s entry into the South African market. Ramaphosa expressed his desire for Tesla to not only sell its vehicles in the country but also to manufacture them locally, which would create jobs and boost the economy.

South Africa has a growing electric vehicle market, with over 3,000 plug-in electric vehicles sold in the first quarter of 2024, up from 1,665 in the same period last year. However, currently, no electric vehicles are manufactured in the country, and they are heavily taxed, making them expensive for consumers.

Tesla’s entry into the South African market could be a game-changer, especially if the company decides to manufacture its vehicles locally. This would not only make electric vehicles more affordable for South Africans but also contribute to the country’s economic growth.

The potential investment could have far-reaching implications for South Africa’s economy and technological advancement. With Starlink’s global customer base of 2.6 million users, its entry into the South African market could bridge the digital divide and create new opportunities for businesses and individuals.

While there’s no official confirmation from Tesla on its plans for South Africa, the meeting between Ramaphosa and Musk signals a positive development for the country’s electric vehicle market.

Previous Post

Watch | Pastor Mboro Live on Podcast and Chill

Next Post

Chris Brown is coming to South Africa

iReport SA News

iReport South Africa News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of iReport South Africa News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by iReport South Africa News. iReport South Africa News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. iReport South Africa News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address reports@ireportsouthafrica.co.za and/or report the article using the available reporting functionality built into our Platform.

Related Posts

ANC Launches Probe Into Fikile Mbalula’s Luxurious Yacht Trip to Robben Island Amid Public Backlash

ANC Launches Probe Into Fikile Mbalula’s Luxurious Yacht Trip to Robben Island Amid Public Backlash

January 21, 2025
ANC Suffers Another Blow in Zululand as Regional Treasurer Nhlakanipho Sibisi Resigns

ANC Suffers Another Blow in Zululand as Regional Treasurer Nhlakanipho Sibisi Resigns

May 13, 2025
Businessmen’s Alleged Influence Sparks Tensions in Zulu Royal Family

Businessmen’s Alleged Influence Sparks Tensions in Zulu Royal Family

February 26, 2025
Families of Three Police Officers Gather at Hennops River for Cultural Rituals

Families of Three Police Officers Gather at Hennops River for Cultural Rituals

May 6, 2025
Zimbabwe Finance Official, Businessman Under Scrutiny in R800 Million Election Funds Scandal

Zimbabwe Finance Official, Businessman Under Scrutiny in R800 Million Election Funds Scandal

April 19, 2025
ANC Defends Ramaphosa’s US Visit as Crucial Diplomatic Mission

ANC Defends Ramaphosa’s US Visit as Crucial Diplomatic Mission

May 21, 2025
Next Post
Chris Brown is coming to South Africa

Chris Brown is coming to South Africa

  • Trending
  • Comments
  • Latest
Bad News for everyone living in South Africa this morning As Nigerian Threaten To Take Over SA

Bad News for everyone living in South Africa this morning As Nigerian Threaten To Take Over SA

September 11, 2024
Look what Dr Nandipha’s mother spotted doing in court yesterday

Look what Dr Nandipha’s mother spotted doing in court yesterday

September 10, 2024
South Africa is finished|| Look over 100 illegal foreigner were caught bringing into the country

South Africa is finished|| Look over 100 illegal foreigner were caught bringing into the country

September 10, 2024
Unexpected || Hawks To Arrest ANC Heavyweight Over R680 000 Alleged Money Laundering

Unexpected || Hawks To Arrest ANC Heavyweight Over R680 000 Alleged Money Laundering

September 11, 2024

Big Nuz – Ngeke Wins Ukhozi FM Top 10 Cross Over Song Of The Year 2022 to 2023

0
Watch: Babes Wodumo Performing Ngeke at The Last Dance 2022 | Song of The Year

Watch: Babes Wodumo Performing Ngeke at The Last Dance 2022 | Song of The Year

0
Some people are angry on Babes Wodumo, following how She’s mourning her husband, take a look

Some people are angry on Babes Wodumo, following how She’s mourning her husband, take a look

0
Enhle Mbali exposed for ‘willing to be in a polygamous marriage’

Enhle Mbali exposed for ‘willing to be in a polygamous marriage’

0
Former Eskom COO’s Company Gets IPP Tender

Former Eskom COO’s Company Gets IPP Tender

May 31, 2025
TikTok Community Mourns Maskandi Analyst Sqiniseko Mvelase After Fatal Shooting During Live Stream

TikTok Community Mourns Maskandi Analyst Sqiniseko Mvelase After Fatal Shooting During Live Stream

May 31, 2025
Gauteng Police Arrest Over 1,090 Suspects in Weekend Crime Crackdown

Gauteng Police Arrest Over 1,090 Suspects in Weekend Crime Crackdown

May 31, 2025
Julius Malema’s Fiery Speech on Sovereignty Goes Viral Ahead of South Africa’s US Visit

Julius Malema’s Fiery Speech on Sovereignty Goes Viral Ahead of South Africa’s US Visit

May 31, 2025

Recent News

Former Eskom COO’s Company Gets IPP Tender

Former Eskom COO’s Company Gets IPP Tender

May 31, 2025
TikTok Community Mourns Maskandi Analyst Sqiniseko Mvelase After Fatal Shooting During Live Stream

TikTok Community Mourns Maskandi Analyst Sqiniseko Mvelase After Fatal Shooting During Live Stream

May 31, 2025
Gauteng Police Arrest Over 1,090 Suspects in Weekend Crime Crackdown

Gauteng Police Arrest Over 1,090 Suspects in Weekend Crime Crackdown

May 31, 2025
Julius Malema’s Fiery Speech on Sovereignty Goes Viral Ahead of South Africa’s US Visit

Julius Malema’s Fiery Speech on Sovereignty Goes Viral Ahead of South Africa’s US Visit

May 31, 2025
iReport South Africa

iReport South Africa is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of iReport South Africa News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by iReport South Africa.

If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us and/or report the article using the available reporting functionality built into our Platform.

Follow Us

Recent News

Former Eskom COO’s Company Gets IPP Tender

Former Eskom COO’s Company Gets IPP Tender

May 31, 2025
TikTok Community Mourns Maskandi Analyst Sqiniseko Mvelase After Fatal Shooting During Live Stream

TikTok Community Mourns Maskandi Analyst Sqiniseko Mvelase After Fatal Shooting During Live Stream

May 31, 2025
Gauteng Police Arrest Over 1,090 Suspects in Weekend Crime Crackdown

Gauteng Police Arrest Over 1,090 Suspects in Weekend Crime Crackdown

May 31, 2025
Julius Malema’s Fiery Speech on Sovereignty Goes Viral Ahead of South Africa’s US Visit

Julius Malema’s Fiery Speech on Sovereignty Goes Viral Ahead of South Africa’s US Visit

May 31, 2025
  • About

© 2017 - 2023 iReport South Africa

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • LATEST NEWS
  • POLITICS
  • ENTERTAINMENT
  • LIFESTYLE
  • CRIME
  • SPORTS
  • BUSINESS
  • IREPORT TV
  • Login

© 2017 - 2023 iReport South Africa

iReport South Africa

iReport South Africa is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of iReport South Africa News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by iReport South Africa.

If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us and/or report the article using the available reporting functionality built into our Platform.

Follow Us

Recent News

Former Eskom COO’s Company Gets IPP Tender

Former Eskom COO’s Company Gets IPP Tender

May 31, 2025
TikTok Community Mourns Maskandi Analyst Sqiniseko Mvelase After Fatal Shooting During Live Stream

TikTok Community Mourns Maskandi Analyst Sqiniseko Mvelase After Fatal Shooting During Live Stream

May 31, 2025
Gauteng Police Arrest Over 1,090 Suspects in Weekend Crime Crackdown

Gauteng Police Arrest Over 1,090 Suspects in Weekend Crime Crackdown

May 31, 2025
Julius Malema’s Fiery Speech on Sovereignty Goes Viral Ahead of South Africa’s US Visit

Julius Malema’s Fiery Speech on Sovereignty Goes Viral Ahead of South Africa’s US Visit

May 31, 2025
  • About

© 2017 - 2023 iReport South Africa

No Result
View All Result
  • HOME
  • LATEST NEWS
  • POLITICS
  • ENTERTAINMENT
  • LIFESTYLE
  • CRIME
  • SPORTS
  • BUSINESS
  • IREPORT TV
  • Login

© 2017 - 2023 iReport South Africa

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • LATEST NEWS
  • POLITICS
  • ENTERTAINMENT
  • LIFESTYLE
  • CRIME
  • SPORTS
  • BUSINESS
  • IREPORT TV
  • Login

© 2017 - 2023 iReport South Africa