'The grass is not getting shorter either': Upbeat SAB sees record volumes as it invests in SA

South African Breweries (SAB), the local unit of global brewing giant AB InBev, says initiatives such as locally producing its Corona brand at its Roslyn operation and consistent investment behind its key brands are paying off.

Not only is the group seeing significant margin improvement, but it is gaining market share in both the beer and beyond beer categories.

Speaking to News24 after the release of first-quarter results on Wednesday, SAB CEO Richard Rivett-Carnac said the company had delivered "very pleasing" results in a tough economy, keeping the momentum it achieved in the last three months of 2023.