Big lion, small cage
TO SAY that South African Breweries (SAB) somewhat dominates its domestic beer market is a bit like saying that apartheid was somewhat unfair. Of every 50 beers that South Africans quaff, spill or slosh over steaks on the braai, 49 are brewed by SAB. Its brands—Castle, Lion and several others—are tasty enough, but that does not explain the firm's dominance. SAB's strength derives from its abnormal skill at coping with the demands of a highly abnormal market.
This article appeared in the Business section of the print edition under the headline “Big lion, small cage”
Discover more
Elon Musk’s xAI goes after OpenAI
The fight is turning nasty
How to behave in lifts: an office guide
Life in an elevator
Donald Trump’s victory has boosted shares in private-prison companies
A hard line means hard cash
Gautam Adani faces bribery charges in America
Prosecutors allege one of India’s richest men paid off local officials
Nvidia’s boss dismisses fears that AI has hit a wall
But it’s “urgent” to get to the next level, Jensen Huang tells The Economist
Does Dallas offer a vision of America’s future?
The Texan city embodies the allure of small government