Government says Walmart’s investment in South Africa is a boost for the economy [SOUND]

# Government says Walmart’s investment in South Africa is an expression of confidence, and underscores a strong belief in the country’s economic trajectory. The US retail giant plans to open its first branded stores in the country later this year. Their stores will offer fresh groceries, household essentials, clothing and technology, adding emphasis on sourcing products from local small and medium enterprises. Government spokesperson William Baloyi says this investment is also confirmation that the country remains a reliable investment destination: