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Reuters
Yellen lauds Ford’s 100-year history in South Africa, flags more investments
U.S. Treasury Secretary Janet Yellen on Thursday lauded the Ford Motor Co’s 100-year history of assembling vehicles in South Africa and underscored Washington’s resolve to expand trade ties with countries that it “can count on,” including South Africa. Yellen spoke at Ford’s plant in Silverton, a suburb of Pretoria, during the third leg of her nearly two-week trip across the African continent, which also included stops in Senegal and Zambia. The plant, which employs 4,000 people, is an example of how deeper ties between the United States and Africa could produce good jobs and boost economic growth for both sides, Yellen told workers and company officials.
