date:May 23, 2014
cooling in South Africa, where SABMiller controls more than 90 percent of the beer market.
Currency swings against the US dollar cut reported Ebita by about $400 million, and currency movements will continue to weigh on the business this year, the company said. It expects raw-material costs to increase in low single-digits in constant-currency terms.
SABMiller said in April it was considering options for its $1.04 billion stake in African hotel and casino operator Tsogo Sun Holdings Ltd., whic