KZN floods | SAB says repairs will cost millions

File: A South African Breweries (SAB) truck leaves the Newlands Brewery in Cape Town. AFP/Rodger Bosch

DURBAN - Another company has reported damages amounting to hundreds of millions of rand following the devastating floods in KwaZulu-Natal.

The country's biggest beer maker, SAB, says repairs will cost around R700-million.

READ: KZN MECs table budgets after flood damage

Its Prospecton brewery in Durban is now only operating at 30 percent capacity.

On 12 April, production at SAB’s Prospecton brewery in Durban came to a halt.

READ: KZN Floods | Thousands of Toyota vehicles scrapped

The plant produces 400 million litres of product a year across SAB brands such as Castle Lager and Carling Black Label.

The plant is the brewer's third-largest operation in Africa. 

SAB has now pushed back its R650-million expansion by a month to July.

Source
eNCA

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