Company investment news south africa
Here are some recent company investment news from South Africa:
- Shoprite to invest R1.5 billion in new stores and expansion: Shoprite, one of South Africa's largest retailers, has announced plans to invest R1.5 billion in new stores and expansion projects over the next three years. (Source: Business Day)
- MTN to invest R10 billion in South Africa's digital infrastructure: MTN, a leading telecommunications company in South Africa, has announced plans to invest R10 billion in the country's digital infrastructure over the next five years. (Source: ITWeb)
- Anglo American to invest R1.5 billion in South African mining projects: Anglo American, a multinational mining company, has announced plans to invest R1.5 billion in several mining projects in South Africa, including the development of a new coal mine in the Mpumalanga province. (Source: Mining Weekly)
- Vodacom to invest R1.2 billion in 5G network rollout: Vodacom, a leading telecommunications company in South Africa, has announced plans to invest R1.2 billion in the rollout of its 5G network across the country. (Source: ITWeb)
- Exxaro to invest R1.2 billion in new coal mine: Exxaro, a South African mining company, has announced plans to invest R1.2 billion in the development of a new coal mine in the Limpopo province. (Source: Mining Weekly)
- Naspers to invest R1.1 billion in e-commerce platform: Naspers, a South African media and technology company, has announced plans to invest R1.1 billion in its e-commerce platform, Takealot. (Source: Business Day)
- Sasol to invest R1 billion in new petrochemical plant: Sasol, a South African energy and chemicals company, has announced plans to invest R1 billion in the development of a new petrochemical plant in the Free State province. (Source: Engineering News)
- Old Mutual to invest R800 million in new office building: Old Mutual, a South African financial services company, has announced plans to invest R800 million in the development of a new office building in Johannesburg. (Source: Business Day)
- Standard Bank to invest R600 million in digital banking platform: Standard Bank, a South African banking group, has announced plans to invest R600 million in the development of its digital banking platform. (Source: ITWeb)
- Tiger Brands to invest R500 million in new food processing plant: Tiger Brands, a South African food and beverages company, has announced plans to invest R500 million in the development of a new food processing plant in the Western Cape province. (Source: Business Day)
These are just a few examples of recent company investment news from South Africa. The country has a growing economy and a number of major companies are investing in various sectors, including retail, mining, telecommunications, and more.