SAB to invest R5-billion in South Africa
January 2005
News
South African Breweries has confirmed that it will invest R5-billion in South Africa over the next five years, commencing in early 2005. Approximately half of this is in new expansion.
Managing director Tony van Kralingen said that the decision had been taken as a direct result of SAB's confidence in the South African economy and its future prospects. The company has invested some R4-billion in South Africa over the past decade, including the construction of the Ibhayi brewery.
"Our breweries are being run very efficiently and this plan is designed to cater for future growth, resulting in a total spend of some R1-billion a year for the next five years on both expansion and maintenance. This investment will create a number of opportunities for employees and suppliers of the company, and as importantly, will boost our company's impact on the South African economy."
BEE
While some specialised equipment will be sourced abroad because of proprietary supplier considerations, the company will be taking this opportunity to boost local suppliers and particularly, seek new Black Economic Empowerment opportunities in procurement.
"As a South African company, we are clearly committed to sourcing from local suppliers and as much as we can and targets will be set in due course. As far as local purchasing is concerned, our intention is to source all civil works, building expansions, brew house expansions, glazing, roofing, sheeting and pipework locally."
SAB spent over R700-million with 1500 BEE suppliers in the 2004 financial year, a 21% increase over the previous year. A similar percentage increase in BEE spend is envisaged for the 2005 financial year. The expansions will include additional brew houses, new packaging lines and new storage facilities. The development will be focused around Gauteng, with extensive work also being planned at the company's breweries in KwaZulu-Natal and the Western Cape. However, the investment in upgrading will affect the five provinces in which SAB has breweries (Western Cape, Eastern Cape, Gauteng, Limpopo and KwaZulu-Natal).
For more information contact Michael Farr, South African Breweries, 082 924 2267.
Further reading:
Reinstatement opportunity for ECSA registration
News
In 2023 the Engineering Council of South Africa (ECSA) announced a special opportunity for engineers in South Africa to reinstate their registration status if it had been cancelled. This exclusive offer is available until the end of August 2024.
Read more...
The top 10 emerging technologies of 2025
News
The World Economic Forum’s top 10 emerging technologies of 2025 are expected to deliver real-world impact within three to five years and address urgent global challenges.
Read more...
Comtest calibration user group seminar
News
Comtest invites metrology and calibration professionals to a focused technical seminar series aimed at demystifying some of the most common hurdles in inter-laboratory comparisons.
Read more...
Technology leaders shaping 2025
News
In an era where agility, innovation and execution are paramount, ABI Research’s latest report, ‘26 Technology Companies Leading the Way in 2025’ identifies the top players shaping the future across key digital technology segments.
Read more...
Omniflex through the decades
Omniflex Remote Monitoring Specialists
News
As Omniflex celebrates 60 years of engineering excellence, we take a look back at the decade that saw us really kick in and deliver major engineering projects – the 1970s.
Read more...
Innomotics certified for innovative mine winder braking system
News
Innomotics has achieved SIL 3 certification for the COBRA 02 S braking system for mine winder installations, together with OLKO-Maschinentechnik.
Read more...
The true cost of cheap water in South Africa
News
The low cost of water has created a dangerous sense of comfort for South Africans.
Read more...
South Africa’s green hydrogen leap
News
Over the past 12 months, South Africa has solidified its ambitions to become a global green hydrogen leader. Riding on abundant renewable energy resources and strategic partnerships, the country has advanced from early-stage promise to tangible project groundwork. These are the most significant developments from mid-2024 through mid-2025.
Read more...
Rewiring the nation
News
South Africa’s energy sector is undergoing a dramatic transformation. Long defined by its heavy dependence on coal, the country is now making significant progress toward a more diverse and sustainable energy mix.
Read more...
Africa Energy Review
News
The Africa Energy Review 2024 from PwC outlines how the continent’s energy landscape is shifting in response to global trends, local needs and technological innovation.
Read more...
printer friendly version