Coca-cola has committed to investing R17.6 billion in South Africa by 2030.
This as part of their plan to expand production, strengthen distribution and accelerate innovation.
The company made the pledge at the 2026 South African Investment Conference through its Africa president Luis Felipe Avellar.
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The investment involves Coca-cola beverages South Africa and Coca-cola Peninsula Beverages.
The investment follows Coca-cola HBC's R45 billion acquisition of a majority stake in Coca-Cola Beverages Africa last year.
The group says this reflects it confidence in South Africa's long term economic prospects.