EABL building Sh300m new spirits line on high demand

KENYA - East African Breweries Limited (EABL) is constructing a Sh300 million spirits line at its Ruaraka headquarters in a bid to meet the growing demand for the brand of beverages. The regional brewer’s new line in Nairobi will have the capacity to produce 22.5 million litres of product annually, enough to meet the double-digit…

Zimbabwe’s meat production declines 10% in 2017

ZIMBABWE - Zimbabwe experienced a substantial decrease in meat production during the third quarter of last year. Official figures from the Ministry of Agriculture, Mechanisation and Irrigation Development, said cattle and pig slaughters were down eight and 10 percent respectively during the third quarter of 2017 from the prior comparable period. Sheep and goat slaughters…

Zimbabwe’s meal delivery company sees aggressive growth

ZIMBABWE - Zimbabwean food delivery startup Munch has seen thousands of downloads of its app as it looks to simplify the process of ordering food from restaurants in Harare. Munch has developed a web-based platform and mobile application that allows people to search for their favourite restaurant, select their food, and pay within the application…

Online grocer BigBasket sales cross US$170m in 2017

INDIA - Innovative Retail, which runs BigBasket, has more than doubled its business to cross the Rs 1,000-crore (US$158 million) sales mark in FY17, indicating the growing preference for online grocery-shopping in India despite sluggish trends in the broader consumer market. Innovative Retail reported revenues of Rs 1,090 crore (US$172 million) in the year to…

Chivita 100% unveils new limited edition packs  

NIGERIA - Chivita 100% has unveiled new Limited Edition packs featuring football stars like Zlatan Ibrahimovic, Paul Pogba, David De Gea and Anthony Martial as part of its “Breakfast with the Stars” campaign to provide football loving Nigerians a wonderful opportunity to enjoy and share healthy and complete breakfast moments with these stars. A statement…

Zambian authorities shut down restaurants over disease scare

ZAMBIA — Zambia has shut three of South African retailer Shoprite’s Hungry Lion fast-food restaurants after their food tested positive for the bacterium that causes cholera, a government minister said yesterday. Zambia is struggling to contain an outbreak of the disease, which has killed 51 people and made more than 2 000 others sick in…

Naspers may partner Tencent to deliver $200 million to Swiggy

INDIA - South African Internet group Naspers has emerged as the frontrunner to lead a $150-200 million investment in Swiggy, after SoftBank and Flipkart ended independent funding discussions with the online food-delivery platform, according to three people briefed on the matter. The deal could likely value the three-year-old venture at $600-650 million before the investment,…

Competition Authority nullifies Coca-Cola-Ambo Water merger

ETHIOPIA - The Tribunal of Trade Competition & Consumer Protection Authority (TCCPA) declared that East African Bottling, Coca-Cola’s bottler, and Ambo Mineral Water made an illicit merger, fining them five percent of their turnovers from last year. The case began in June 2017, when the Authority’s prosecutors filed a claim stating the two companies had…