CAPE TOWN - Panasonic plans to double its business in South Africa over the next two years, according to the Japanese multinational electronics company.
Panasonic launched the new headquarters of Panasonic South Africa in Century City, Cape Town, yesterday. Panasonic South Africa is a subsidiary of the Japanese company Panasonic Corporation.
Managing director of Panasonic South Africa, Hidetoshi Kaneko, said: “We decided to move to the Western Cape because of the growth in our customer base in this region and the access to other large companies located in the Cape. We are also encouraged by its strong skills-pipeline.”
Panasonic South Africa was now investigating whether it would be viable to move its entire African headquarters to the Cape, currently located in Dubai, he said. The new Century City-based facility has established a Life Experience Centre, open to the public.
- BUSINESS REPORT