American Chamber of Commerce

09 February 2010 07:19:24 AM Last update: 03/02/2010

Rate as at 6:37 AM, 09/02/10 » USA $1 US Dollar : R7.72501

Welcome to the American Chamber of Commerce in South Africa (AmCham)

AmCham is affiliated to the US Chamber of Commerce, the world's largest business federation which represents nearly 3 million businesses of every size and which is based in Washington DC.

AmCham was founded in 1977 as a non-profit association and operates without financial assistance from government. We promote and advance the interests and views of US business in South Africa.

Through AmCham, business people of the United States and South Africa are able to come together and promote their mutual interests.

South African News

Coega gets R1.2bn Belgian investment: Electrawinds Belgium announced on Friday that it is finalising the feasibility in setting up a commercial wind farm which will be located in the Coega Industrial Development Zone (IDZ). This investment will see Electrawinds invest R1.2 billion (Euro 110 Million) into a Coega. . . .
MultiChoice, Intelsat in capacity agreement: Intelsat said on Friday that local direct-to-home (DTH) television operator, MultiChoice, had signed a long-term, multi-transponder agreement for satellite capacity. The agreement extends and expands MultiChoice's existing contract on the Intelsat 7 satellite to the. . . .
Fuel pumped from grounded ship: Pumping of fuel from a grounded bulk carrier in Cape Town to a receiving vessel began on Friday, the South African Maritime Safety Authority (Samsa) said. "Preparations for this ship-to-ship fuel-removal operation have been underway for the last few days..." Samsa said in a. . . .
Blue: Structure not effected by AIG sale: Blue Financial Services said that AIG selling a portion of its investment advisory and asset management business to Pacific Century Group shouldn't effect Blue's shareholding structure. The business acquired by Pacific Century Group includes private equity funds,. . . .
Mboweni angers Black Sash: Retiring Reserve Bank Governor Tito Mboweni has deeply upset the women of the Black Sash with his remarks made while giving the Steve Biko memorial lecture in Cape Town which appeared to criticise the social grant system. A Black Sash statement issued on Friday complained that. . . .