SABI Magazine - Tydskrif

SABI Council 2020-2021

Commenting on economy recovery in South Africa to a presentation to Chatham House in London in May, the ANC’s treasurer-general Paul Mashatile said that there are plans to announce a R357 billion infrastructure programme, focussing on “network industries” such as rail and ports, energy, broadband, water, sanitation and human settlements.

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that its subsidiary, Mottech Water Solutions Ltd (“Mottech”), a provider of wireless irrigation control solutions, has signed an agreement to acquire its joint venture partner’s 40% holding in a joint venture it established in China in 2017 (“Mottech China”). Following this acquisition, Mottech China is now a fully owned subsidiary of the Company. As announced in 2017, Mottech and its representative in China established this joint venture in order to pursue the Chinese market and now Mottech, locally a SABI Company Member, is strengthening its presence in this market.