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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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.
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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.
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Alcohol ban: SAB halts R5bn investment in SA | CitypressSA 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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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
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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.
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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.
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