South African Breweries (SAB) will reinstate its investment programme that was cancelled last year, allocating R2 billion for its home operations.
The brewery cancelled R5 billion in investments in the country in over the last year due to the country’s multiple alcohol bans related to the Covid-19 lockdown. The group halted R2.5 billion in 2020 and a further R2.5 billion placed on hold in January 2021.
The cancelled investments relate to upgrades to operating facilities, product innovation, operating systems, as well as the installation of new equipment at selected plants, the group said at the time.The group had warned that the […]
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