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SAB Abandons Sh31 Billion Investment Plan Amid South Africa Lockdown

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 5 August 2020.

South Africa's lockdown has had far-reaching consequences, with the South African drinks industry being among the hardest hit.

As of the end of May, a ban on the sale of alcohol was in place, significantly impacting businesses in the sector.

South African Breweries (SAB), a leading player in the industry, has been forced to abandon a Sh31 billion investment plan due to the restrictions.

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