South Africa:  Alex Ferguson opens investment wings in S.Africa

Manchester United boss Sir Alex Ferguson has gone a notch higher by opting to invest in a South African beverage company.



Ferguson bought a 10% stake in the company BOS, an organic ice tea company that blends local south Africa  tea with natural fruit flavours and ingredients .



Ferguson was quoted as saying he was delighted to be part of this exciting brand coming out of South Africa.



He said he believed the Cape Town-based beverage had great potential to become a local as well as international market player and said there was a great story behind it.



BOS founder and proprietor  Grant Rushmore said the company was proud to be associated with Ferguson.



Another top businessman Remgro’s VenFin has also bought a 20% stake in the company.