The South African Breweries celebrates listing of SAB Zenzele Kabili on JSE

Posted: May 28, 2021
The South African Breweries celebrates listing of SAB Zenzele Kabili on JSE

New B-BBEE scheme holds R5.4 billion worth of sharesin AB InBev, world's largest beer maker

Johannesburg: 28 May 2021: The South African Breweries (SAB) is pleased to announce that its latest B-BBEE scheme, SAB Zenzele Kabili has listed on the JSE today. The scheme was voted in at a special virtual meeting earlier this month at which 8 339 SAB Zenzele shareholders cast their votes, with 95% voting in favour of the new scheme.

SAB Zenzele which reached maturity earlier this month is the largest B-BBEE scheme in the history of South Africa in the fast-moving consumer goods sector, having reached a total maturation value of R9.7 billion. SAB Zenzele Kabili aims to further SAB's vision to foster innovation and stimulate transformation in the country, through creating a platform for ownership and true wealth creation.

Owning R5.4 billion worth of shares in AB InBev, the world's largest beer maker, the replacement scheme, SAB Zenzele Kabili has now been listed on the B-BBEE Segment of the Johannesburg Stock Exchange (JSE). This listing will facilitate liquidity and broaden ownership to other B-BBEE investors, including qualifying SAB employees through a new employee stock ownership plan. The listing price is set at R 40 per share.

SAB Zenzele shareholders were given the option to reinvest a minimum of 63,5% or all of their remaining proceeds into the new scheme. Those who have done so will now become global shareholders, receiving 25% in dividends annually. Additionally, SAB Zenzele Kabili retailer shareholders will be able to trade immediately. SAB employees will need to wait five years before being able to trade. 

The qualifying public are now able trade from the listing post, through a JSE broker or existing trading platform.

How to buy shares if you are trading as an individual without a broker or existing trading platform:

Go to and sign the custody and settlement agreement to open an “easy account.” There are no monthly fees, you are only charged costs to trade. You will need to submit a few supporting documents which include: a Naturalisation affidavit – provided in the link ; a certified copy of your ID document, a certified copy of your proof of residence (not older than three months), a certified copy of your bank statement, and an income tax document, showing your income tax number (not older than a year). Then, send your application to

For more information, or support, call 0861 100 937 and reference SAB Zenzele Kabili, or visit

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