Budweiser set to lock horns with Heineken, Guinness in Africa
AFRICA – Anheuser-Busch InBev CEO Carlos Brito said its Budweiser brand will triumph over Heineken and Guinness in Africa’s biggest beer markets.
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Month: August 2017
Govt urged to regulate fish imports – ADAZ
ZAMBIA – The Aquaculture Development Association of Zambia (ADAZ) has urged Government to put in place measures that will regulate the importation of fish to ensure quality products enter the market.
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Tongaat Hulett launches sugar refinery project in Mozambique
SOUTH AFRICA – Tongaat Hulett recently launched a project to build a refinery annexed to its Xinavane Sugar Mill at a recent ground-breaking ceremony by its CEO Peter Staude and the Prime Minister of Mozambique, Carlos Agostinho Do Rosário.
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Tanzania fines EABL over Serengeti acquisition
TANZANIA – Tanzania’s antitrust agency has fined East African Breweries Ltd an undisclosed amount over failure to meet the terms attached to the deal when the company acquired a controlling stake in Serengeti Breweries.
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ZNFU decries low maize prices offered by grains agency
ZAMBIA – The Zambia National Farmers’ Union (ZNFU) says the K60 (US$6.7) Food Reserve Agency (FRA) proposed market price for maize will negatively affect farmers’ income.
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Flour Mills set to maximise sorghum usage, local materials
NIGERIA – Flour Mills of Nigeria Plc, said it plans to maximise local content in the agro-allied investments, emphasising that the company is determined to ensure success in such investments.
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Dairy, meat exports surge
ETHIOPIA – The Ethiopian Meat & Dairy Industry Development Institute reported that the country generated 104 million dollars from meat, honey, wax, fodder products, and milk and dairy exports during the recently ended fiscal year.
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Hennessy sees Kenya as growth frontier as cognac sales start
KENYA – Hennessy, the world’s largest maker of cognac, has started distributing its products in Kenya to tap Africa’s second-largest luxury-goods market.
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