October 26, 2018 / 3:33 PM / 22 days ago

McDonald's to invest $205 million in S.Africa over next 5 years

JOHANNESBURG, Oct 26 (Reuters) - U.S. fast-food giant McDonald's Corp will invest 3 billion rand ($205 million) in South Africa over the next five years, the company said on Friday.

The announcement was made at a conference to drum up investment in Africa's most industrialised economy. ($1 = 14.6144 rand) (Reporting by Ed Stoddard and Alexander Winning Editing by James Macharia)

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