AB InBev suspends job and investment merger conditions due to alcohol ban

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AB InBev suspends job and investment merger conditions due to alcohol ban 🔒

SAB has revealed in court papers that the government has been informed that the conditions in the merger agreement between AB InBev and SABMiller have been suspended effective from the day the new alcohol ban was imposed at the end of December.

The conditions raised by SAB impact two key issues in SA — jobs in a country in which unemployment is at record highs, and investment, which is necessary to grow SA’s already ailing economy...A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

 

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You are my source of inspiration when all hope was lost you bring life to me again with your amazing then enough to start life again MarkSuste

Would be easier just to retrench the Anc supporters so that they can go and do the picketing at Lethuli house

Congrats ANC, this is how you first buy all voters with stupid grants, then destroy industry - goodbye job creation and hello socialist state! Pathetic

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