South Africa: President Hails Toyota’s R10. 4bn Hilux Investment

July 16, 2026
[SAnews.gov.za] President Cyril Ramaphosa has hailed Toyota South Africa Motors' R10.4 billion investment in the production of the ninth-generation Hilux as a strong vote of confidence in the country's economy, saying it demonstrates South Africa's ability to convert investment commitments into jobs, industrial growth, and exports.

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