President Cyril Ramaphosa will on Tuesday, 07 November 2023, attend the Procter and Gamble (P&G) South Africa Investment Launch and Commissioning of Premium care products in Kempton Park, Johannesburg as part of South Africa’s investment drive.

In 2018, the President initiated the South Africa Investment Conference (SAIC) with the ambitious goal of attracting R1.2 trillion in investments over five years.

Over the years, P&G has been a valuable partner to the South African government through the SAIC, continually announcing new investments. 

The cumulative P&G investment announcements in the country has amounted to R900 million, with a commitment to unveil more investments in collaboration with the government.

P&G’s economic footprint has seen the creation of over 4 000 direct and indirect jobs within its value chain and these investments will create hundreds more jobs.

The event will highlight the impact of attracting Foreign Direct Investment into the country as a pillar to achieving the goals of the NDP 2030 and highlight the importance of public-private partnerships and fostering of a stronger US- South Africa relations.

NOTE TO MEDIA: A media pool arrangement is in place for the event. The event will be live streamed on all PresidencyZA digital platforms with the  programme scheduled to commence from 14h00

Media enquiries: Vincent Magwenya, Spokesperson to President Ramaphosa on media@presidency.gov.za 

Issued by The Presidency of the Republic of South Africa 
www.thepresidency.gov.za