SA Breweries turns investment taps back on for home market

📆 8/06/2021 7:28 a. m.
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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.

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