South Africa

SAB to list SA’s biggest empowerment scheme

SAB Zenzele Kabili, the new black empowerment scheme from SAB, will list on the JSE on May 28, the company said on Tuesday. 

SAB Zenzele, SAB’s current empowerment scheme, is the largest broad-based BEE (B-BBEE) scheme in the history of SA’s fast-moving consumer goods sector, with a total maturation value of R9.7bn...

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