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SAB stops R5bn investment because of alcohol ban 'which affects a million livelihoods'

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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.

Nomahlubi Jordaan

SAB said it had cancelled R2.5bn in investments for 2020 and another R2.5bn was being reviewed for 2021.

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