https://www.engineeringnews.co.za

McDonald’s SA to invest R3bn in opening 120 new restaurants in 5 years

29th October 2018

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

Fast food franchise McDonald’s South Africa (McDonald’s SA) has committed to investing R3-billion in South Africa over the next five years.

This was announced at the South African Investment Conference, held in Johannesburg, last week.

McDonald’s SA plans to open a further 120 restaurants in the next five years, the capital expenditure of which should positively impact on the construction and manufacturing sectors.

“Through this expansion [of restaurants], 7 000 new jobs will be created and we plan to recruit matriculated youths across the country to be employed within our restaurants,” said McDonald’s SA CEO Greg Solomon.

Additionally, through McDonald’s SA’s newly planned Hamburger University in Johannesburg, the company will improve more than 12 000 of their employees’ skills. The institute will offer internal and external accredited courses as part of the training curriculum.

McDonald’s SA has already started with a significant plan to advance transformation, particularly in areas of agriculture and livestock farming. This is through using its scale as a business to impact the procurement system.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Airshrink - CiP
Airshrink - CiP

At Airshrink - CiP, we surpass customer expectations with innovative MV and LV cable accessories, including heat shrink joints, terminations,...

VISIT SHOWROOM 
AirNox Pty Ltd
AirNox Pty Ltd

AirNox (Pty) Ltd is a level 1 BBBEE manufacturer of complete AdBlue® solutions for operators of SCR diesel engines and AUS40 across South Africa...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.056 1s - 141pq - 2rq
Subscribe Now