Fuelling stories of sustainable growth in local communities

Absa | Corporate and Investment Banking > Insights and Events > Fuelling stories of sustainable growth in local communities
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We’re excited to announce that we're partnering with Cubisol Holdings in a transformative real estate deal that champions sustainable development and community impact.

As the sole financier in this R1.13 billion redevelopment of Soshanguve Mall, we’re reinforcing our commitment to sustainability and to creating value where it matters most.

Our support goes beyond funding – we’re helping Cubisol achieve its long-term sustainability goals through environmentally responsible practices. From appointing independent environmental compliance monitors, to partnering with Imbue Sustainability to explore groundwater usage, this project prioritises both ecological stewardship and community well-being.

In addition,  this redevelopment promises more than just a modern retail experience. By working with local business forums, associations and community representatives, Cubisol is actively supporting job creation, economic growth and sustainable livelihoods. The Soshanguve Mall project will create approximately 7 733 jobs during construction and over 3 700 full-time roles, thereafter, contributing an estimated R739 million in national earnings during the build phase alone.

Contact us for more information

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