https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Statements RSS ← Back
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

MEC Ivan Meyer welcomes Lotus manufacturing South Africa's R170m investment in Wolseley


Close

MEC Ivan Meyer welcomes Lotus manufacturing South Africa's R170m investment in Wolseley

Should you have feedback on this article, please complete the fields below.

Please indicate if your feedback is in the form of a letter to the editor that you wish to have published. If so, please be aware that we require that you keep your feedback to below 300 words and we will consider its publication online or in Creamer Media’s print publications, at Creamer Media’s discretion.

We also welcome factual corrections and tip-offs and will protect the identity of our sources, please indicate if this is your wish in your feedback below.


Close

Embed Video

MEC Ivan Meyer welcomes Lotus manufacturing South Africa's R170m investment in Wolseley

12th April 2022

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

Western Cape MEC of Agriculture Dr Ivan Meyer has welcomed the news that the Flemish biscuit company, Lotus, has started constructing its third factory in Wolseley in the Western Cape.

Meyer: "The agro-processing subsector is vital in creating jobs in our rural communities. I, therefore, welcome the investment by Lotus SA as it will positively impact the economy and jobs within Wolseley and the greater Witzenberg region. The agricultural value chain creates jobs in rural and peri-urban regions with higher unemployment rates than cities. For example, the agri-processing sub-sector in the Western Cape employs approximately 119 41 agri-workers. Investments such as these promise more jobs and prosperity to rural communities".

Advertisement

Lotus' best-known product is Speculoos, a spiced shortcrust biscuit marketed abroad as Biscoff. However, at its factory at Wolseley, Lotus produces healthy snacks in the shape of fruit rolls sold under Bear's brand name.

Commenting on the R170 million investment, Managing Director of Lotus Manufacturing South Africa, Donald Matheson, said:

Advertisement

"The story of LotusSA is one of meteoric success. We opened our first plant in 2019, the second in 2021, and by August 2023, we will open the third plant. During this period, production has jumped from 1800 tons of product in 2019 to approximately 3100 in 2022. At the same time, jobs have increased from 293 to 527."

MEC-President of Flanders, HE Jan Jambon, who officiated at the official "groundbreaking", also used the opportunity to comment on his week-long visit to the Western Cape.

"Employment is a great value-add to our investment. I am charmed by what I saw in the Western Cape. The Western Cape Government wants to work  with us in research and development, digitization and green energy."

"I think we have found a new partner", he added.

 

Issued by Western Cape Agriculture

EMAIL THIS ARTICLE      SAVE THIS ARTICLE      ARTICLE ENQUIRY      FEEDBACK

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here


About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za