Government Welcomes Walmart's Investment In South Africa

2025-09-10 05:00:17

(MENAFN- APO Group)

Government welcomes Walmart's investment in South Africa as an expression of confidence in the country. The investment underscores a strong belief in the country's economic trajectory and confirmation that South Africa remains a reliable investment destination.

This announcement comes in the footsteps of Walmart's first growth summit that was held in South Africa that resulted in the company recruiting small and medium-sized suppliers from South Africa and the rest of the African continent. Walmart's commitment to sourcing locally produced products will contribute to the growth of the economy and job creation, which are apex priorities of the government's medium term development plan (MTDP).

Distributed by APO Group on behalf of Republic of South Africa: Government Communication and Information System (GCIS).

MENAFN10092025004934011406ID1110041706

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.