Streaming issues? Report here
Joanne Joseph 702 Gradients Joanne Joseph 702 Gradients
Afternoon Drive with Joanne Joseph
15:00 - 18:00
volume_up
volume_mute

Up Next: The Money Show with Bruce Whitfield
See full line-up
Afternoon Drive with Joanne Joseph
15:00 - 18:00
Home
arrow_forward
Local
fiber_manual_record
Business

SAB launches Zenzele Kabili scheme

17 February 2020 4:22 PM
Tags:
SAB
sab zenzele kabili scheme
sab zenzele scheme

The old scheme Zenzele BB-BEE scheme is winding down in April and it has generated almost R14 billion in value for South African.

The South African Breweries (SAB) Zenzele BB-BEE scheme is winding down in April and it has generated almost R14 billion in value for South African.

However, SAB has launched another scheme called Zenzele Kabili which will give shareholders of the SAB Zenzele scheme to reinvest a portion of their unwind value in the new SAB Zenzele Kabili scheme.

Joanne Joseph speaks to host at Africa State of Mind Lee Kasumba about the launch.

About 18-months ago they started engaging key stakeholder to find out how they could do a better job.

Lee Kasumba, Host at Africa State of Mind

The old employee trust didn't have equal allocation and they also spoke about how they had a challenge around equity and transparency.

Lee Kasumba, Host at Africa State of Mind

With the Zenzele Kabili scheme, all employees will have equal shares.

Lee Kasumba, Host at Africa State of Mind

Listen to the full interview below...


17 February 2020 4:22 PM
Tags:
SAB
sab zenzele kabili scheme
sab zenzele scheme

Recommended

More from Local

domestic-work-1jpg

[LISTEN] 'Difficult to say how well domestic workers agencies are regulated'

13 July 2020 4:26 PM

UJ's Department of Sociology lecturer David Du Toit speaks to Joanne Joseph and shares his insights on outsourcing domestic work.

Share this:
Read More arrow_forward

coding

[LISTEN] How the annual GirlCode hackathon has opened doors for partcipants

13 July 2020 2:46 PM

Refiloe Mpakanyane speaks to one of the 2019 GirlCode winners, Nondumiso Ngcobo, as well as participant Andiswa Mkhonto.

Share this:
Read More arrow_forward

200711weaponsgif

More arrests made after International Pentecostal Holiness Church hostage drama

13 July 2020 1:34 PM

SAPS national spokesperson Vish Naidoo and International Pentecostal Holiness Church's Mpho Makwana reflect on the incident.

Share this:
Read More arrow_forward

200713-zindzi-mandela2jpg

'Zindzi was an activist in her own right and had a kind heart'

13 July 2020 1:00 PM

Minister Lindiwe Sisulu and Minister Naledi Pandor reflect on the life of Ambassador Zindzi Mandela.

Share this:
Read More arrow_forward

200713-ramaphosa-edjpg

Callers wonder why state can forbid congregating but allow 100% taxi load

13 July 2020 12:40 PM

President Cyril Ramaphosa reintroduced rules to curb the spread of COVID-19 in South Africa.

Share this:
Read More arrow_forward

200416 Nkosazana Dlamini-Zuma

Wearing of face masks non-negotiable, says Dlamini-Zuma

13 July 2020 11:00 AM

With South Africa among the top 10 most-affected countries in the world, Dlamini-Zuma said that South Africans should wear masks to protect themselves from the coronavirus.

Share this:
Read More arrow_forward

zindiz-mandela-twitterpng

Zindzi Mandela passes on at age 59

13 July 2020 8:11 AM

Details around the passing of the daughter of former president Nelson Mandela and Winnie Madikizela-Mandela are still unclear.

Share this:
Read More arrow_forward

200711hostagegif

'High Court ruling will end leadership battle at Pentecostal Holiness Church'

13 July 2020 7:52 AM

Chairperson of the one faction Abiel Wessie says there has been a leadership battle since the founder of the church died in 2016.

Share this:
Read More arrow_forward

Power line, electricity, load shedding

Eskom: Load shedding to continue on Monday from 9 am until 10 pm

12 July 2020 6:24 PM

Stage 2 load shedding will end at 10 pm on Sunday and resume again on Monday from 9 am until 10 pm, the power utility said in a statement.

Share this:
Read More arrow_forward

ramaphosa-imbizojpg

Liquor trade council writes to Ramaphosa to ensure sale of liquor continues

12 July 2020 5:13 PM

Concerns have been raised over the impact of booze on trauma admissions since the ban on sales was lifted in June.

Share this:
Read More arrow_forward

More from Business

ramaphosa-imbizojpg

Liquor trade council writes to Ramaphosa to ensure sale of liquor continues

12 July 2020 5:13 PM

Concerns have been raised over the impact of booze on trauma admissions since the ban on sales was lifted in June.

Share this:
Read More arrow_forward

Restaurant with spaced table for Covid-19 social distancing

Load shedding yet another blow for struggling SA businesses

11 July 2020 2:19 PM

Eskom is implementing stage two load shedding for a second day, while technicians work to bring generating units back online.

Share this:
Read More arrow_forward

Darkness, no electricity, load shedding

Loadshedding to be implemented from Friday - Eskom COO

10 July 2020 11:03 AM

More generating units have broken down, resulting in the utility battling to meet the high demand for electricity.

Share this:
Read More arrow_forward

wifi-internet-data-broadband-cell-phone-mobile-device-network-providers-123rf

Small Business Focus: How to get your marketing right in a shrinking media world

9 July 2020 8:38 PM

Pavlo Phitidis says focus must be on the customer group you are trying to reach. You've got to get your demographics right.

Share this:
Read More arrow_forward

broken-heart-broke-money-coins-finances-love-relationship-divorce-break-up-123rf

Personal Finance Feature: Julia - The super saver

9 July 2020 8:02 PM

Though leaving corporate to venture into tourism has been a big test of resilience, she is still happy with her decision.

Share this:
Read More arrow_forward

180710sactwu-strikejpg

SA is becoming a country of old people. Median age has risen from 23 to 27

9 July 2020 7:30 PM

Lumkile Mondi says skills and knowledge that have driven a lot of the growth in the past are going to be undermined.

Share this:
Read More arrow_forward

190430-joburg-soca-edjpg

City of Joburg tables R68.1bn budget for 2020/2021

9 July 2020 5:25 PM

This follows several delays which saw the Gauteng government throw the book at the city’s council threatening to place it under administration.

Share this:
Read More arrow_forward

Woman saving money piggy bank mask 123rf 123rfbusiness 123rflifestyle

Supersaver Julia has changed lives, and she can change yours! – Bruce Whitfield

9 July 2020 3:00 PM

Need the inspiration to save? The Money Show’s Bruce Whitfield interviews “Supersaver Julia” at around 7:15 pm tonight.

Share this:
Read More arrow_forward

200106-daniel-mminele-edjpg

Daniel Mminele on his shapeshifting career

8 July 2020 8:43 PM

Absa CEO Daniel Mminele says they had to transition very quickly within a very space of time into operating in a new normal.

Share this:
Read More arrow_forward

171227prieska-arrestjpg

Payment methods ... the good, the bad and the ugly

8 July 2020 8:14 PM

Wendy Knowler says it is expensive to issue or bank a cheque. For example, to deposit a cheque can cost well over R100.

Share this:
Read More arrow_forward