The announcement was made by Luis Felipe Avellar, president of the Coca-Cola Company's Africa operating unit, on Tuesday evening at an investment conference in Johannesburg, where President Cyril Ramaphosa set a target of attracting 2 trillion r... [338 chars]
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Source: Reuters
Coca-Cola plans to invest $1 billion in South Africa through 2030
Reuters
April 01, 2026
11:50 GMT
Coca-Cola and its two authorized bottlers, Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages, will invest 17.6 billion rand ($1.05 billion) in South Africa through 2030, to support expanded production capacity, the company said.
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Coca-Cola and its two authorized bottlers, Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages, will invest 17.6 billion rand ($1.05 billion) in South Africa through 2030, to support expanded production capacity, the company said.
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