SOUTH AFRICA - Last-minute talks on how much space in fridges (coolers) carrying the Coca-Cola brand should be made available to competing products delayed on Monday the start of a Competition Tribunal hearing into a merger that would create Africa’s largest soft drinks bottler.
SOUTH AFRICA - The Competition Commission will ask for another extension to scrutinise Anheuser-Busch InBev’s (AB InBev’s) planned $106bn takeover of SABMiller, its spokesman said on Thursday.
SOUTH AFRICA - SA’s maize crop, scorched this season by a blistering drought, would be in far worse shape if it were not for the country’s embrace of genetically modified (GM) varieties and new farm technologies, an industry group said on Tuesday.
ETHIOPIA - Blue Nile Investment Plc, owner of Awash Winery S.C., has been ordered by the Federal High Court to pay a one year delayed payment sum of 115 million Br.
KENYA - Uchumi Supermarkets has opened talks with its suppliers in a bid to have the creditors convert the debts owed to them by the retailer into shares.
SOUTH AFRICA - The disposal of Tiger Brands’ Nigerian business boosted its interim earnings by up to 28%.
TANZANIA – Meat imports into the country exceeded exports during the period under review, despite the Government’s efforts to support exportation and reduce imports, the Controller and Auditor General has noted in his audit report.
NIGERIA - The Managing Director/CEO of Nigerian Breweries Plc, Mr. Nicolaas Vervelde, Thursday said the company’s robust dividend payment policy was informed by the need to always satisfy shareholders of the company.
ZIMBABWE - Packaging firm, Nampak Zimbabwe Limited (Nampak), recorded a four percent increase in revenue for the six months to March 31, 2015 on the back of strong demand in focus areas.
SOUTH AFRICA – South Africans’ desire for new shopping centres has been insatiable, and another mall has entered the fray.
UK - The acquisition of Hungary’s Dreher in 1993 is listed as an important milestone in SABMiller’s history.
UGANDA - Government has lost about $28m (Shs92.8b) in taxes and export earnings following a production shortfall by Kakira Sugar Works. This, according to management, is the company’s worst shortfall in 31 years.
KENYA - Agriculture Cabinet Secretary Willy Bett has declared Goldox Donkey Abattoir in Baringo County an export slaughterhouse, moving it a step closer to start operations.