An integrated approach to CSI
In 2013, SABMiller invested US$37.5 million in its CSI programmes. This equates to 0.7% of our pre-tax profits and is a small decrease since last year (2012: 0.8%).
This year we spent US$37.5 million on CSI programmes.
Our businesses seek to invest in CSI programmes that have the greatest relevance, make the biggest difference to their communities and connect with our other sustainable development priorities such as enterprise development and water.
Around the world we have a number of initiatives to promote entrepreneurship and help entrepreneurs develop their skills. In 2013 SABMiller – including its foundations – invested US$6.1 million to foster entrepreneurial activity worldwide in countries such as Colombia, South Africa and the USA. Our programmes have helped thousands of small and micro-scale entrepreneurs to build new businesses and make the transition from informal business models to self-sustaining, growing companies. In Botswana, 80% of the entrepreneurs supported by our KickStart programme were still trading after three years, when 40% of other businesses failed in year one.
The SAB Foundation is a beneficiary of SAB's Broad Based Black Economic Empowerment deal, SAB Zenzele and has invested in 60 micro and small businesses which in turn have created 372 direct and indirect jobs since 2010. At its 2nd annual Social Innovation Awards, the first-place R1-million (US$102,000) prize went to an innovative and potentially life-saving malaria test kit, designed by two young entrepreneurs.
This year Accra Breweries Ltd in Ghana and Zambian Breweries Plc in Zambia joined forces with the International Labour Organisation in a project to develop youth entrepreneurs in Ghana and in Zambia's copperbelt.
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