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Podcast: First Take SA
Episode: Disgruntled investors to picket outside the SAB Zenzele Kabili offices
Description: Mounting frustration is boiling over among black empowerment investors in South Africa's beer industry. A group of fed-up shareholders in SAB Zenzele Kabili, the black economic empowerment arm tied to global brewer Anheuser-Busch InBev, is calling their stake in the JSE-listed shares a raw deal. What started as a shot at ownership has soured fast, with some branding it a nightmare and a scam. The disgruntled investors will today picket right outside the SAB Zenzele Kabili offices in Sandton, Johannesburg to voice their frustration. Elvis Presslin spoke to the Convener of SAB Zenzele Kabili Shareholders, Jerry Sebola