South Africa's largest brewer has delivered a strong vote of confidence in South African brewing, announcing it is investing US$216m (R2.8bn) in expansions at two of its breweries, Alrode in the south of Johannesburg and Rosslyn, outside of Pretoria. The expansions include a new packaging line for returnable glass bottles at both breweries and a brewhouse at Rosslyn, and will create up to 70 additional full-time jobs. The investment is over and above the Public Interest Commitments made by AB-InBev at the time of 2016's business combination with SABMiller, in which the company agreed to invest R1bn in South Africa over five years.
Origin
Unknown
Journal Title
Bdi August 2017 7
Sector
News Items
Class
N 3846