Alcohol ban: SAB halts R5bn investment in SA | Citypress

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SA Breweries has halted R5 billion in investments in South Africa over the next two years, due to the consequences of the alcohol ban

 

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Belgique Dernières Nouvelles, Belgique Actualités

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SAB stops R5bn investment because of alcohol ban 'which affects a million livelihoods'SAB announced on Monday that it had 'halted' R5bn in investments in the country over the next two years due to the ban on alcohol sales.
La source: TimesLIVE - 🏆 28. / 59 Lire la suite »

Alcohol sales ban forces SAB to cancel R5bn investmentThe investments that had been considered had included upgrades to operating facilities and the installation of new equipment at selected plants
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

SA Breweries cans investment projects worth R5bnBeer producer South African Breweries has canned local capital investment projects worth R5bn over the next two years due to the lockdown that has seen the sale of alcohol being suspended. The SAB said in a media statement on Monday it was cancelling a R2.5bn investment project that was planned for this year while also reviewing another R2.
La source: SowetanLIVE - 🏆 13. / 63 Lire la suite »