June 14, 2010
Food, beverages story continues
Food and beverages is a conveniently constructed hybrid sector that doesn't exist on the JSE. But the dynamics that influence the two sectors that it comprises are similar. Consumer spending is the common thread, though it is discretionary consumer spending when it comes to beverages and nondiscretionary regarding food.
Posted by StaffWriter at 11:29 AM
December 10, 2009
Union spits out BEE brew
The Food and Allied Workers' Union (Fawu) on Wednesday rejected the content of the South African Breweries' black economic empowerment deal.
Posted by StaffWriter at 10:13 AM
December 9, 2009
BEE deal will help keep retailers loyal to SAB
With Heineken making significant inroads into the all-important township market, analysts said yesterday that SA Breweries (SAB) was under pressure to provide a significant incentive to secure the support of the country's extensive network of retailers.
Posted by StaffWriter at 10:09 AM
December 8, 2009
Deal enhances SABMiller BBBEE codes
SABMiller's empowerment (BBBEE) transaction will enhance its compliance with governments' Codes of Good Practice on Broad-Based Black Economic Empowerment, the group says.
Posted by StaffWriter at 12:38 PM
SABMiller to conclude R7,3bn empowerment deal by May
Global brewer SABMiller expected to conclude its R7,3-billion Zenzele broad-based black economic empowerment (BBBEE) transaction, which would place 8,45% of its South African business, the South African Breweries' (SAB's), shares under black ownership, by May next year.
Posted by StaffWriter at 10:16 AM
November 12, 2009
SAB's 'dodgy' BEE deal
The Food and Allied Workers' Union (Fawu) is concerned about SA Breweries' envisaged black economic empowerment (BEE) transaction, it said on Wednesday.
Posted by StaffWriter at 10:11 AM
March 20, 2009
Bee project is a honey of an idea for brewers
THE oldest alcoholic drink in the world is going global thanks to a brewing "mistake" at Grahamstown's award winning Makana Meadery.
Posted by StaffWriter at 7:28 AM
June 22, 2008
Boesak in BEE brouhaha
Cleric's name raised in allegations of back-room ANC dealings.Struggle cleric Allan Boesak is involved in a new controversy, this time over an up-market wine estate development which he claims will uplift the poor.
Posted by StaffWriter at 7:38 AM
February 15, 2008
Astral mulls BEE deal as governance issues rise
Astral Foods is expected to make an announcement on black economic empowerment (BEE) as soon as a broad-based code for the agricultural sector is formalised.Posted by StaffWriter at 7:19 AM
November 7, 2007
Some fast food franchises drag their feet on BEE
Despite many black people owning franchises in the quick service restaurant sector, holding companies have not transformed at the ownership level as most of them do not have empowerment partners.Posted by StaffWriter at 9:30 AM
March 23, 2006
Dedicated wine industry BEE firm launched
CapeWine Acquisition Capital was created specifically to fulfil the need in the SA wine industry for black economic empowerment transactions," says founder and CEO Victor van Aswegen...
Posted by Bernie at 1:01 PM
January 25, 2005
Draft document on BEE charter for wine industry on way
The South African Wine Industry Trust, which was mandated by government to produce a black economic empowerment (BEE) charter for the wine industry...
Posted by Bernie at 7:06 AM
