The Democratic Alliance (DA) has welcomed an announcement that US online retail giant Amazon will establish its South African headquarters in Cape Town.
It says the Amazon South Africa HQ has the potential to create up to 19 000 jobs.
DA Shadow Minister for Trade, Dean Macpherson, says it will also inject around R4 billion into the local economy.
He says the extended COVID-19 lockdown has caused devastation in the South African economy.
Below is the full statement:
About Amazon
Amazon.com Inc. is an American multinational technology company based in Seattle, Washington, which focusses on e-commerce, cloud computing, digital streaming and artificial intelligence.
It is one of the Big Five companies in the US information technology industry, along with Google, Apple, Microsoft, and Facebook.
The company has been referred to as “one of the most influential economic and cultural forces in the world”, as well as the world’s most valuable brand.
