The video below illustrates the role SABMiller’s businesses play in sub-Saharan Africa. Investment from multinational companies, their tax contributions and the broader economic value that they generate is important for economies in developing countries — to create jobs, provide funding for infrastructure improvements and support a wide range of businesses up and down the value chain.
Over the past five years, SABMiller has invested about $1.75 billion in Africa.
In order to better understand the impact that SABMiller has, SABMiller commissioned an independent academic report by Professor Ethan Kapstein of INSEAD. He looked at the role that SABMiller’s businesses play in sub-Saharan Africa (excluding South Africa).
• In Ghana, SABMiller directly employs 850 people, supporting 17,600 jobs and generate $117 million dollars of added value for the economy.
• In Mozambique SABMiller contributes $106.4 million of economy-wide tax income and support at least 73,100 jobs throughout the economy
• In Uganda, where they source extensively from local farmers, each SABMiller job supports over 200 local jobs and their subsidiary Niles Breweries contributes substantially to the tax income of Uganda with US$ 78.8 million economy-wide tax income, equal to 4.2% of total Ugandan tax income
2011 Economic growth rate data (as at 30/10/12): World Bank
2014 Growth forecast data: World Bank
All other data from Professor Ethan Kapstein’s Socio-Economic Impact Assessment of SABMiller in sub-Saharan Africa — excluding South Africa.