/ 5 February 2021

Covid caution infects investors

Sabmiller Plc Alrode Brewery As South Africa Risks Investments On Booze Ban
Balancing act: The SABMiller PLC Alrode brewery and bottling plant in Johannesburg. South Africa’s ban on alcohol sales in 2020, introduced to prevent Covid-stressed hospitals having to handle injuries caused by drunkeness, put projects worth about R12.8-billion on hold. (Waldo Swiegers/Bloomberg/Getty Images)
The pandemic has forced some companies to cancel or pause capital expenditure, jeopardising long-term economic growth

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