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:
RS South Africa shapes future engineering talent
RS South Africa
News
RS South Africa is demonstrating that nurturing future engineers goes beyond traditional classrooms or competitions. On STEM Day, the company shone a light on the full spectrum of its educational initiatives.
Read more...
ABB and Compu-Power bring high-efficiency UPS innovation to IS3 X-Change 2025
News
ABB recently participated in the 31st annual IS
3X-Change 2025 in Cape Town, alongside its long-standing channel partner Compu-Power.
Read more...
UKZN’s SMART lab wins aviation award
News
: The SMART Lab at UKZN was awarded first place in the Aviation Research and Development category at the Civil Aviation Authority of South Africa’s award ceremony for outstanding contributions and achievements in the aviation sector.
Read more...
Meta and partners announce completion of 2Africa subsea cable system
News
Meta, in partnership with leading global and regional telecommunications companies, has announced the completion and activation of the core 2Africa subsea cable system. This marks a historic milestone in digital infrastructure, establishing what the world’s longest open-access subsea cable system.
Read more...
RS South Africa retains Level 2 B-BBEE status
RS South Africa
News
RS South Africa has once again achieved Level 2 B-BBEE verification.
Read more...
SEW-EURODRIVE unveils world class facility in Gqeberha
News
In a landmark event in the Eastern Cape attended by key customers and industry leaders, SEW-EURODRIVE officially opened its expanded state-of-the-art facility in Gqeberha, marking a major milestone in its strategy to strengthen regional support and deepen its footprint in the region.
Read more...
Africa’s brightest young battery innovators
Schneider Electric South Africa
News
Schneider Electric and Enactus, the international NGO dedicated to inspiring students through entrepreneurial action, have announced the winners of the 2025 Energy Transition Battery Innovation Challenge, funded by the Schneider Electric Foundation. It empowers young innovators to design battery solutions addressing the region’s most pressing energy challenges.
Read more...
Africa’s strategic role in powering the global clean energy future
News
The 2026 Africa Energy Indaba is to spotlight Africa’s mineral wealth, industrialisation potential and the urgent need for sustainable value chain development.
Read more...
The road to the Indaba
News
The Africa Automation Indaba 2026 is set to become a landmark gathering for Africa’s automation, process control and manufacturing community.
SA Instrumentation and Control will be running a dedicated editorial series spotlighting the voices, ideas and debates shaping Africa’s industrial future.
Read more...
Crash reconstruction tests advance vehicle safety research
News
The University of KwaZulu-Natal’s Scientific Multidisciplinary Advanced Research Technologies (SMART) Lab recently participated in a series of collaborative crash reconstruction tests held at the Toyota Test Track.
Read more...
printer friendly version