MTN, Sappi and Transnet promise billions in investment
Between the three companies, R86bn was pledged at the second investment conference headed by President Cyril Ramaphosa
06 November 2019 - 13:42
A range of companies, including cellphone giant MTN, paper producer Sappi, and state-owned logistics firm Transnet have promised billions in new investments in SA.
During the investment conference being held in Sandton on Wednesday November 6, MTN pledged to invest R50bn in the coming five years, its CEO Rob Shuter announced, while Transnet promised R22.6bn, and Sappi pledged R14bn in new capital. ..
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