(Solved): South African Breweries (SAB) has long played a role as one of South Africa's most socially progres ...

South African Breweries (SAB) has long played a role as one of South Africa's most socially progressive and innovative enterprises. SAB understood decades ago, before the political changes in the country, that transformation and black economic empowerment (BEE) were essential for the future stability of South African. In 2009, SAB announced a Zanele BBBEEtransaction that was worth R7.3 billion and placed \$8.45$ of the company's shares under black ownership. QUESTION 16 The BBEEE policy, which was implemented in 2003 and published as an Act that provides legislative framework for the promotion of \\( B E E \\), is a variable in the environment which is part of the environment. Select one: a. economic/macro b. institutional-governmental/macro c. economic/market d. technological/market