Coca-Cola to invest $1 billion in South Africa

Coca-Cola, along with its local bottling partners Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages, plans a significant investment of approximately $1.05 billion (17.6 billion rand) in South Africa through 2030. This capital injection is intended to bolster expanded production capacity within the country. The investment signals strong confidence in the South African market and aims to support the company's long-term growth strategy and operational capabilities in the region.