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Fawu threatens to strike over SABMiller scheme

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Pretoria – The Food and Allied Workers Union (Fawu) said on Thursday it will strike and may take legal action if no agreement is reached with brewer Anheuser-Busch (AB) InBev [JSE:ANB] on SABMiller's [JSE:SAB] plan to give blacks a larger role in the business.

AB InBev, the world's largest brewer, last month gained conditional approval for its R1.5trn-plus acquisition of SABMiller from the Competition Commission, but with some strings attached.

One of these is to offer the 42 000 black beneficiaries of the SAB Zenzele empowerment scheme a new deal.

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