(Business in Cameroon) - On the sidelines of the celebration of its 70^th anniversary, Société anonyme des Brasseries du Cameroun (SABC) said it creates 200,000 jobs per year in various sectors.

“By outsourcing activities that do not fall within its core competence, SABC group promotes local entrepreneurship. This strategy helps generate more than 200,000 jobs in the sectors of retailing, transport, logistics, local services and subcontracting every year”, the company said. It also explained that it is a way of trusting Cameroon SMEs’ expertise and know-how in many areas. SABC says that it is the reason why it buys corn grits from Maïserie du Cameroun (Maïscam). This is about 10,000 tons of corn bought from this Cameroonian agribusiness.

SABC says it invested CFA35 billion in the country in 2017. The various taxes it paid to the public treasury amount to CFA206.6 billion. With assets estimated at CFA700 billion, the company actually employs 6,000 people of which 3,000 are direct employees working at three entities: the breweries, Cameroon’s glass factory (Société Camerounaise de verrerie-SOCAVER) and Cameroon’s mineral water company (Société des eaux minérales du Cameroun-SEMC). With seven plants throughout the country, the group controls 72% of the country’s beer market.

S.A