SAB cans investments worth billions eNCA
SAB says the ban on alcohol sales has caused significant operating uncertainty for the company and the entire value chain. has cancelled investments worth R2.5-billion as a direct result of lockdown restrictions on beer sales.
Brands in the group’s portfolio include Black Label, Castle Lager, Brutal Fruit and Hansa.has caused significant operating uncertainty for the company and the entire value chain.The envisaged investments included upgrades to operating facilities and systems, as well as the installation of new equipment.
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