Investment and trade initiatives have been at the forefront of SACCUSA’s aim over the past few months. Various interactions with key players in the economic sector took place, with a continued focus on promoting greater two-way trade and investment partnerships which will bolster Africa’s role in the global economy.
In September, the South African Chamber of Commerce in the USA (SACCUSA) is celebrating its second birthday. In humans this is the age when a child will start to kick a ball and slowly run. SACCUSA has exceeded expectations and is running at a fast pace while playing ball in the big league.
Chamber President Neil Diamond and Mr Malose Letsoalo from the Department of Trade, Industry and Competition recently met at the South African Embassy to discuss a partnership with the aim of promoting trade and investment.
Members of SACCUSA recently had the opportunity to showcase their goods and services at the “Open Passport DC” festival held at the South African Embassy.
During a recent meeting with the Consul General of South Africa in New York, Dr Motumisi Tawana, SACCUSA discussed effective ways to propel trade, investment and tourism.
The EB5 Regional Center Program (EB5 RCP) has never really changed since its enactment in 1990 and was set at a minimum investment threshold of $500,000 for EB5 RCP and $1,000,000 for EB5 Direct Investments. Recent amendments will impact investments for existing and future investors. Leon Versfeld, Senior Immigration Attorney at Versfeld and Hugo Global Immigration Attorneys, explains:
The recent announcement by the Department of International Relations and Cooperation (DIRCO) to close the SA Chicago Consulate in December 2021 sparked SACCUSA to address the issue with the SA Ambassador, Ms Nomaindiya Mefeketo.
Neil Diamond has become used to the quick jokes when he introduces himself. Being a people’s person all his life, his name has more than often set the tone for conversation and broken the ice in difficult conversations.
Investment and trade initiatives have been at the forefront of SACCUSA’s aim over the past few months. Various interactions with key players in the economic sector took place, with a continued focus on promoting greater two-way trade and investment partnerships which will bolster Africa’s role in the global economy.
In September, the South African Chamber of Commerce in the USA (SACCUSA) is celebrating its second birthday. In humans this is the age when a child will start to kick a ball and slowly run. SACCUSA has exceeded expectations and is running at a fast pace while playing ball in the big league.
Chamber President Neil Diamond and Mr Malose Letsoalo from the Department of Trade, Industry and Competition recently met at the South African Embassy to discuss a partnership with the aim of promoting trade and investment.