![SINGING BEE PRAISES:](https://cisp.cachefly.net/assets/articles/images/resized/0000854931_resized_picsabzenzelekabilindlovuyouthchoir20220donna1022.jpg)
SINGING BEE PRAISE: The world-renowned Ndlovu Youth Choir performed at the Johannesburg Stock Exchange on February 17 to commemorate the announcement of a new black economic empowerment (BEE) scheme by AB InBev, which owns South African Breweries (SAB). The R5.4-billion SAB Zenzele Kabili transaction will be funded through a combination of R678-million equity contribution from existing SAB Zenzele shareholders, R600-million equity contribution from a new broad-based employee share ownership scheme, funded by SAB, as well as a R344-million reinvestment by the SAB Foundation.Participants of the previous scheme, who invested R100 in 2010 will receive a pre-tax pay-out of about R76000 when the transaction unwinds. Photograph: Creamer Media Chief Photographer Donna Slater