Positive Business Environment Secures BMW Investment

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German premium carmaker BMW has expressed its confidence in South Africa's business environment and is optimistic about the future of its local operations following a meeting with government ministers. The company's chief executive, Norbert Reithofer, believes the decision to invest ZAR2.2bn (US$286mn) in its Rosslyn plant for production of the next-generation 3-Series was well founded and said after the meeting he 'had a good feeling….in regard to the stability of business conditions and the political environment in the