125 YEARS OF HERITAGE, UPLIFTMENT
South African Breweries Vice President of People Lucia Swartz outlines how South Africa’s biggest brewery invests in young South African talent through employee development programmes.
The South African Breweries (SAB) has a 125-year history of brewing South Africa’s most beloved beers. Over that time, it has endured, grown and transformed itself over a long history. A century and a quarter down the road, nobody can deny that SAB is an iconic brand that has woven itself into the fabric of the South African industrial landscape.
Following the conclusion of its annual business planning cycle, The South African Breweries (SAB) is pleased to announce that it has allocated a R2 billion capital investment for its South African operations. The allocation will include, but is not limited to upgrades to operating facilities, installation of new equipment at selected plants, product innovations and other necessary operating systems. This much needed R2 billion capital injection is earmarked for projects to be completed in the financial year 2022.
New B-BBEE scheme holds R5.4 billion worth of shares in AB InBev, world’s largest beer maker
The South African Breweries (SAB) has finally reached the much anticipated milestone, as SAB Zenzele Kabili has listed on the JSE today. The scheme was voted in at a special virtual meeting earlier this month, where SAB Zenzele shareholders cast their votes, with 95% voting in favour of the new scheme.