In October, Cat Financial celebrated the grand opening of the newest location in Johannesburg, South Africa. In coordination with Barloworld, the local Cat® dealer, approximately 130 people attended the event. Customers, strategic partners, governmental officials, and employees gathered to celebrate the economic impact this entity is projected to have on the emerging South African market.
“We are so excited to officially launch Cat Financial South Africa,” said Africa & Middle East (AME) Managing Director Mubeen Khan. “The highlight was sharing with all our guests the diverse talent that now makes up our Cat Financial South Africa team, truly an amazing group of individuals, and as heard throughout the week, the Cat Financial family has now grown to include South Africa!”
Government officials from the United States Embassy and the South African Department of Trade and Industry shared remarks about the anticipated positive economic impact of Cat Financial’s commitment to South Africa. A presentation was also made to the first South African customer,
“This marks another significant milestone for our new operation, and I want
The establishment of Caterpillar Financial Services South Africa allows us to offer financial solutions, equipment protection, and aftermarket services to a variety of customers using local currency. Thirty percent of the world’s natural resources are in South Africa and customers in this region can now take advantage of our solutions to help them grow their businesses.