'Amazon investment is of huge strategic importance to the Western Cape' - WC Provincial Minister David Maynier

In April, multinational tech and retail giant Amazon announced that it would locate its South African headquarters in the new R4 billion Cape Town development, named River Club. The creation of thousands of jobs was amongst the many benefits to flow from the development. However, the development - owned by the Liesbeek Leisure Property Trust (LLPT) - has since come under fire for being ‘profit-driven’ and at the expense of cultural heritage. David Maynier, the Western Cape Provincial Minister of Finance and Economic Opportunities, joined the BizNews Power Hour during which he discussed Amazon’s impending venture, which he believes to be of ‘huge strategic importance to the Western Cape.’ Maynier further commented on both Zuma's ConCourt sentencing and the direction of the Port of Cape Town's efficient, which he regards with optimism. Learn more about your ad choices. Visit megaphone.fm/adchoices