SPONSORED | SABreweries SAB Zenzele Kabili will be listed on the B-BBEE segment of the JSE to facilitate liquidity and broaden ownership to other B-BBEE investors, including qualifying SAB employees, through a new employee stock ownership plan.
04 May 2021 - 08:55The SAB broad-based BEE scheme, SAB Zenzele, will reach maturity in May 2021, and a new scheme, SAB Zenzele Kabili, will launch in the same month to continue creating value for beneficiaries.
Launched in 2010, the landmark SAB Zenzele transaction endeavoured to give its retailer partners — tavern and bottle store owners, retail customers and employees — an opportunity for real ownership in a company that has brought South Africans together for more than 125 years.
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