Penuell Maduna, chair of the South African Breweries (SAB) Zenzele empowerment scheme, struck an optimistic note about prospects for economic recovery in SA as he urged investors to act quickly and pile into the brewer’s new R5.4bn BEE programme.

The former minister of justice in Nelson Mandela’s cabinet said this week the SAB Zenzele Kabili scheme, which replaces the original scheme and plans to list on the JSE’s broad-based BEE segment on May 28, offers long-term investment opportunities that can create generational wealth...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now