Coca-Cola paying over R250 million to try stop service delivery collapse in South Africa
- Coca-Cola and water sector leaders in South Africa have partnered to invest R500 million in municipal water infrastructure to stop service delivery from collapsing.
- The public-private agreement includes funding from five public and development entities and two private sector entities, including the Coca-Cola system, which includes Coca-Cola Beverages Africa and Coca-Cola HBC, as well as the Glocal Water Challenge.
- The project aims to serve as a repeatable model for attracting private funding for municipal infrastructure, aligning with the National Water Action Plan, and improving the long-term financial stability of local municipalities.
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