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We're Working in Africa SAB MILLER AFRICA COVER 10/10/05 10:08 pm Page 1 SABMiller plc SABMiller plc (Registration No. 3528416) Registered office SABMiller House, Church Street West, We’re working in Africa Woking, Surrey GU21 6HS Head office One Stanhope Gate, London, England W1K 1AF For further information please go to www.sabmiller.com SAB MILLER AFRICA COVER 11/10/05 1:44 pm Page 2 Business and development: Future challenges 21 We’re working in Africa gains being realised are real and not just in weak economies as the thin end of a wedge We have a large part of our business, our history beautifully presented self-promotion – and are that is making the world safe for a ‘big and our pride invested in the African continent. Castle, trusted as such by an interested public. company’ model of the market, and which will What is genuinely interesting about the leave weak economies and small businesses Kilimanjaro, Mosi, 2M, Eagle, St Louis, Chairman’s ESB, selection of examples that SABMiller have struggling in their wake. Castle Milk Stout, Rhino and Nile Special are just some covered in this report is the diversity of issues This just does not have to be so. It is in and approaches that are described. the private sector’s interest to have diverse of our brands which have become household names Some, like HIV/Aids, combine the humanity and robust economies that operate within a and necessity of dealing sensitively and framework of good governance, well managed throughout Africa. effectively with Africa’s greatest scourge with a risks and a fair social environment. Economies Today, over 100 years after the South African Breweries clear business case. Others are less obvious. that grow in sustainable ways both support Helping the establishment of small businesses people and are good for business. Ltd, our original brewing company, was founded in to form part of the retail chain, developing new There are increasing signs that Africa Johannesburg, we are a thriving African-originated multi- products using locally sourced materials is at a stage in its own development where thoughtfully purchased from small farmers; there are genuine opportunities for thoughtful national with a brewing presence in almost 50 countries these go to the heart of what African investment which will, in turn, unlock real economies are going to need if they are to opportunities for companies and for people. across five continents and a portfolio of strong brands grow stronger. It is heartening to think that some large and leading market shares in many of the countries in The beating heart of any economy is companies recognise that fact, and want to be its SME sector. SABMiller’s support and both a driver for change and a part of a new which we have brewing operations. encouragement for this sector is, we would shared prosperity. argue, one of the best long-term investments In no small way, the existence of such it can make. companies will be a vital, if not the best, way From the farmers who grow the barley, to overcome poverty – provided they invest wheat and hops, to the breweries and bottling wisely with people in mind, openly account for plants, the wine bars and beer cellars in the what they do and explain what they cannot do richest cities in the world, the dusty and without the help of others. isolated communities of rural Africa, SABMiller Our best wishes to SABMiller in continuing touches the lives of tens of millions through its to deliver on this challenging agenda. business activities. Its impact can be felt at a national, regional and local level through the generation of economic activity, the taxes it pays, and the employment it creates. It does not take too long to work out that the group supports thousands of livelihoods and thereby tens of thousands of lives. Richard Sandbrook and Will Day The proof of course will be in the doing October 2005 rather than the talking (again something that applies equally to governments, NGOs and Sandbrook and Day are independent sustainable companies). The challenge will therefore be development advisers specialising in private- to deliver on the fine words and ambitions in sector initiatives. They act as special advisers to such a way that silences the sceptics, many of the United Nation’s Development Programme’s whom see multinational corporate involvement Growing Sustainable Business Initiative. Contents “Private-sector involvement in development will only be 2 Our African operations effective and sustainable if it is based on a hard business 4 The private sector’s role in African development 6 A day in the life of our African businesses case and good business practices.” 20 Business and development: future challenges Graham Mackay, 2005 SAB MILLER AFRICA TEXT 10/10/05 10:08 pm Page 1 We’re working in Africa 1 2005 has become a critical year for development. The New Partnership for Africa’s Development (NEPAD), the Commission for Africa, the G8 Summit at Gleneagles and the United Nations’ review of the Millennium Development Goals have combined to make Africa, along with climate change, one of the top issues on the global agenda. This has caused many multinational companies, ourselves included, to look more closely at how we can most effectively contribute to development. This report is based on a day in the life distribution chains, some work in businesses of our company’s operations in Africa. that have grown through our corporate social We have chosen 19 May 2005, the day investment projects, and still others are people our preliminary results were announced. who have benefited from our HIV/Aids We show how – by virtue of our day-to-day programmes. business activities, profitability, corporate But none of these people would have social investment, and responsible and benefited unless our business had performed accountable behaviour – the company has well. It is our performance that has enabled contributed to economic growth, created jobs us to make a sustained contribution to the and provided some life-changing opportunities health and prosperity of African people, for people living in the countries in which we their local communities and the economies operate. Some of these people are our in which they work. employees, others are in our supply and SAB MILLER AFRICA TEXT 10/10/05 10:09 pm Page 2 2 Our African operations Our African operations We have financial and beverage interests in 29 African countries, including those in which our strategic partner, Castel, operates. Our South African beer and soft drinks business is run by the South African Breweries (SAB) Ltd. The rest of our African operations are managed by SABMiller Africa and Asia. Both companies are headquartered in Johannesburg. Our main products in Africa include lager, carbonated soft drinks, water, wine, spirits and traditional beer made from sorghum. Group turnover (US$14,543m) North America 36% Central America 4% Europe 20% Africa & Asia 12% Company development in Africa South Africa 28% • South African Breweries Limited 1895 Group EBITA breakdown* (US$2,409m) • Delta Corporation (Zimbabwe) 1910 • Swaziland Breweries Limited 1976 North America 22% • Kgalagadi Breweries Limited (Botswana)1980 Central America 4% • Botswana Breweries Limited 1980 • Lesotho Brewing Company 1981 Europe 19% • Tanzania Breweries Limited 1994 Africa & Asia 16% • Zambia Breweries Limited 1994 • Cervejas de Moçambique 1995 South Africa 39% • Nile Breweries Limited (Uganda) 1997 * Pre-goodwill amortisation, excluding central administration • Accra Brewery Limited (Ghana) 1997 and exceptional items. • Chibuku Products Limited (Malawi) 2000 Group lager sales volume** (148m hectolitres) • Coca-Cola Bottling Luanda SARL (Equity stake) 2000 North America 33% • Coca-Cola Bottling Central America 1% Sud de Angola SARL 2001 Europe 23% • Castel Group (Strategic alliance) 2001 • East African Breweries Limited (Kenya) 2003 Africa & Asia 25% • JV with Castel Group South Africa 18% (Morocco & Algeria) 2004 ** Excludes contract brewing. Creating local wealth: listing on local stock exchanges Although SABMiller plc’s primary listing is on the London Stock Exchange, with a secondary listing on the Johannesburg Stock Exchange, five of the company’s African businesses are also listed on local stock exchanges. SAB MILLER AFRICA TEXT 11/10/05 8:21 pm Page 3 Our African operations 3 Tunisia Morocco Algeria Mali Niger Chad Senegal Burkina Faso Benin Togo Cote Ethiopia d’lvoire Central Ghana African Republic Cameroon Uganda Gabon Democratic Kenya Republic of Congo Key facts Tanzania South African Breweries Ltd: • injected US$1.6 billion into the South African economy in taxes and salaries during 2004 Angola • employs 8,232 people, including those Malawi working in the soft drinks division Zambia • is investing US$900 million in improved Mozambique facilities and operations for the period 2005 to 2009 Zimbabwe SABMiller Africa and Asia: Botswana • injected US$266 million into African economies in taxes and salaries during 2004 • employs 6,061 people in Africa • has invested in excess of US$750 million Swaziland in African economies (includes actual South African Breweries Ltd Lesotho investment and capital expenditure) since 1994 Castel (14 countries) South Africa SABMiller (9 countries) Castel & SABMiller (3 countries) SABMiller Associates (2 countries) These are Accra Brewery Limited, Cervejas de Moçambique, Kgalagadi Breweries Limited, Tanzania Breweries Limited and Zambia Breweries Limited SAB MILLER AFRICA TEXT 10/10/05 10:42 pm Page 4 4 The private sector’s role in African development The private sector’s role in African development: the critical importance of the business case Graham Mackay, Chairman, Africa World Economic Forum, Cape Town, June 2005. As a multinational with African origins and These basic business functions have an even interests in 29 African countries, SABMiller is greater and more positive impact than Corporate increasingly asked about the role of business Social Investment (CSI) programmes, which aim in the continent’s development.
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