SABMiller logo

News

SABMiller wins international award for supporting development in Africa

13 July 2006

SABMiller plc, one of the world’s leading brewers, is pleased to announce that it has won the prestigious Citigroup International Award in recognition of the work that its Zambian subsidiary, Zambian Breweries, is doing to support the achievement of the millennium development goals in Africa. 

The award, which is co-sponsored by the International Business Leaders’ Forum and Business Action for Africa, was presented by the president of Business in the Community, HRH The Prince of Wales. 

SABMiller’s entry entitled "Zambian Breweries: A decade of supporting local communities and working towards the eradication of extreme poverty and hunger in Zambia" focused on three case studies illustrating the positive impact that its core business activities have on local communities in Zambia. 

Specifically, it focused on the job opportunities created for small scale farmers and local entrepreneurs through the company’s supply and distribution chains, the steps taken to protect the environment by being the largest recycler in Zambia, and actions taken to   preventing the spread of HIV/Aids - all of which can be measured against the aspirations of the millennium development goals. 

Graham Mackay, Chief Executive of SABMiller said “We are delighted to win this award.  Core business activities and the manner in which large companies transfer skills, train people and use their value chains to create markets and business opportunities for entrepreneurs and small scale farmers is absolutely key to generating economic growth in Africa.  It is essential that people in Africa have the means to make money and create wealth for themselves”

Through its work with the UK government, NGOs and other large companies operating in Africa, SABMiller has been instrumental in helping to shape discussions about business’s role in poverty alleviation.  It has been instrumental in moving the debate away from the traditional focus on corporate philanthropy towards supply and distribution chains, market-based solutions to poverty and favourable investment climates. 

SABMiller has over 14 000 employees in its 29 African businesses.  These businesses contribute around 40% to annual group turnover and they have consistently delivered profit growth, not only enabling SABMiller to make substantial investments into local African economies, but also support local businesses in the communities in which it operates. 

For more information about SABMiller’s activities click on www.sabmiller.com

Ends

Notes to editors:

SABMiller
SABMiller plc is one of the world’s largest brewers with brewing interests or distribution agreements in over 60 countries across five continents. The group’s brands include premium international beers such as Miller Genuine Draft, Peroni Nastro Azzurro and Pilsner Urquell, as well as an exceptional range of market leading local brands.  Outside the USA, SABMiller plc is also one of the largest bottlers of Coca-Cola products in the world.
 
In the year ended 31 March 2006, the group reported US$2,626 million adjusted pre-tax profit and a turnover of US$15,307 million.  SABMiller plc is listed on the London and Johannesburg stock exchanges.

This announcement is available on www.sabmiller.com

Enquiries:

SABMiller plc  
Tel: +44 20 7659 0100

Sue Clark 
Director of Corporate Affairs 
Tel: +44 20 7659 0184

James Crampton 
Media Relations Manager 
Tel: +44 7795 208158

This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of SABMiller plc (the "Company") or any of its affiliates in any jurisdiction or an inducement to enter into investment activity.

This document includes "forward-looking statements".  These statements may contain the words "anticipate", "believe", "intend", "estimate", "expect" and words of similar meaning.  All statements other than statements of historical facts included in this announcement, including, without limitation, those regarding the Company's financial position, business strategy, plans and objectives of management for future operations (including development plans and objectives relating to the Company's products and services) are forward-looking statements.  These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.  These forward-looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future.  These forward-looking statements speak only as at the date of this announcement.  The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this announcement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

Any information contained in this announcement on the price at which the Company's securities have been bought or sold in the past, or on the yield on such securities, should not be relied upon as a guide to future performance.

Back to news index