When the South African Breweries (SAB) Zenzele broad-based black economic empowerment (BBBEE) scheme winds down in April 2020, it will have generated almost R14-billion in value for South Africa, the beermaker said in a statement on Wednesday. Created with the intention of generating sustainable ownership and economic wealth opportunities for previously disadvantaged groups and redressing historical imbalances, the scheme transferred 8.45% of SAB shares to more than 40 000 shareholders.
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