Minister Ebrahim Patel briefs media on Coca-Cola Beverages employee B-BBEE ownership scheme, 5 Feb

Minister Patel and Mr Ratshefola to brief media on Coca-Cola Beverages employee B-BBEE ownership scheme

The Minister of Trade, Industry and Competition, Mr Ebrahim Patel together with the Managing Director of Coca-Cola Beverages South Africa (CCBSA), Mr Velaphi Ratshefola will brief the media on the CCBSA B-BBEE ownership scheme that will significantly increase the worker ownership of the company.

Coca-Cola Beverages South Africa applied for the merger condition variation with the Competition Commission last year. Together with the Department of Trade, Industry and Competition (the DTIC) and Competition Authorities they will make a formal announcement of the agreement reached on the CCBSA B-BBEE ownership condition.

The virtual media briefing will take place as follows:

Date: Friday, 5 February 2021
Time: 15:00 – 16:00

Media Participation: Journalists may view the briefing via live streaming on the SA Government Facebook page, Twitter and YouTube channels on the links below.

Facebook:     http://facebook.com/GovernmentZA
Twitter:           http://twitter.com/GovernmentZA
YouTube:      https://www.youtube.com/user/GovernmentZA 

RSVPs should be forwarded to Mamosa Dikeledi via telephone on 071 603 8165 e-mail: MDikeledi@thedtic.gov.za or Raphala Mogase on 084 607 4647 email: Raphala@theriverbed.co.za

Enquiries:
Sidwell Medupe-Departmental Spokesperson
Tel:(012 394 1650
Mobile: 079 492 1774
E-mail: MSMedupe@thedti.gov.za

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