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    AB InBev to invest R1bn to support smallholder farmers

    Anheuser-Busch InBev (AB InBev) said on Friday it would invest R1bn to support smallholder farmers as part of the deal to acquire SABMiller for more than $100bn.
    StockSnap via
    StockSnap via pixabay

    The package of commitments, which includes addressing unemployment, localisation of production and inputs used in the production of beer and cider, was agreed with the government.

    These proposals will be recommended to the Competition Commission and Competition Tribunal, which will both look into the deal.

    Source: BDpro

    Source: I-Net Bridge

    For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

    We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

    Go to: http://www.inet.co.za
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