News Formal

SA Breweries turns investment taps back on for home market

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 59%

Canada News News

The capital injection is earmarked for projects to be completed in the financial year 2022. Projects include upgrades to operating facilities, installation of new equipment at selected plants, product innovations and other necessary operating systems, SAB said.

SA Breweries, part of AB InBev, has reinstated its investment programme that was cancelled last year, allocating R2bn for its home operations, the company said.

SA had banned alcohol sales as part of efforts to free up space in hospitals burdened with alcohol-related injuries for Covid-19 patients. In its latest move to curb the third wave of infections, alcohol sales were not banned but gatherings have been reduced.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cinema will survive pandemic, says SA industrySter Kinekor and Nu Metro shrug off on-demand streaming and remain confident people will return to movie theaters Shouldn't be too confident... I strongly suggest offering free popcorn, given the price of tickets.
Source: BDliveSA - 🏆 12. / 63 Read more »