Tshete Holdings, a Limpopo-engineering company is preparing to explore business opportunities in the Democratic Republic of Congo (DRC) on an Investment and Trade Initiative (ITI) that will be led by the Deputy Minister of Trade and Industry, Ms Elizabeth Thabethe from 16-21 September 2013.
According to the Chief Executive Officer (CEO) of Tshete Holdings, Mr Rendani Makhomu, taking part in the ITI will open opportunities for the company in DRC.
"We are going to conduct our discussions with the business community in DRC. We are grateful to the dti because they have already assisted us in identifying companies that we can talk to for possible joint ventures," says Makhomu.
Makhomu participated in his first ITI in June-July 2013 to Ghana and Benin. He says he was happy to engage with the Investment Promotion Centre in Ghana and Ghananian Ministry of Roads. The company now plans to establish a small Cold Mix Asphalt manufacturing plant in Ghana.
According to Makhumo, Tshete Holdings is the only black-owned business that manufactures Cold Mix Asphalt with unique characteristics within the Limpopo Province. This cold mix asphalt is produced from imported specialised formulated bitumen called Emcol Mixing Liquid which is sourced from one of the leading bitumen manufactures located in United Kingdom.
The dti has already assisted hundreds of businesspeople through its Export Marketing and Investment Assistance Scheme (EMIA). The EMIA scheme develops export markets for South African products and services and recruits new foreign direct investment into South Africa.
Issued by: Department of Trade and Industry