Coca-Cola Plans $1.05 Billion Investment in South Africa
MT Newswires Live04-01
Coca-Cola (KO) said Tuesday it plans to invest 17.6 billion South African rand ($1.05 billion) in South Africa through 2030.
The investment is expected to support expanded production capacity, strengthen distribution and accelerate innovation across Coca-Cola system's value chain in South Africa, the company said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.