Settlements concluded during the year by the Economic Development Department (EDD) has resulted in R10.8-billion being released back into the local economy. This included, among others, settlements with beer and cider giant Anheuser-Busch InBev (AB InBev), carbonated soft drink producer Coca-Cola Bottling Africa (CCBA), retail group Edcon, health and beauty retailer Clicks, steel producer Arcelor Mittal and seven construction companies.
Source: www.engineeringnews.co.za
EDD transactions adds R10.8bn to local economy
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