Heineken opens its ‘greenest’ brewery in Mexico

MEXICO – Leading brewing company Heineken has opened a new brewery in Mexico that it says will be the most water efficient in the World, with unique circular economy principles that drive its sustainability agenda. Made using the latest technology, the brewery is constructed following circular economy principles, focusing on renewable energy and efficient water…

Netherlands opens the “world’s first” plastic-free supermarket

NETHERLANDS - A “world first” plastic-free supermarket aisle is being unveiled in Amsterdam, prompting calls from campaigners for retailers to roll them out in the UK. More than 700 products will be available without plastic packaging in the aisle which is being set up in a new metro-sized pilot store of supermarket chain Ekoplaza in…

Unga posts US$5.03 million half year net profit amid buyout talks

KENYA - Listed miller Unga Group has posted an after-tax profit of Sh511.1 million for the six months to December, a near four-fold increase in earnings which resulted from higher sales. The firm, which is the buyout target of American multinational Seaboard Corporation, saw its turnover improve 8.1 % to close the period at US$109.15 million.…

Shoprite Supermarkets enters Kenya, takes up space in 7 key malls

KENYA - South African retailer, Shoprite, has secured space at seven prime shopping malls in Kenya, which it plans to open in the coming months. The firm’s chief executive, Pieter Engelbrecht, yesterday said leases had been signed with the buildings’ owners. Shoprite has taken advantage of the turmoil in Kenya’s big retail chains, which have…

Carrefour set to open fifth branch at Sarit Centre mall

KENYA - French retailer Carrefour is set to open its fifth store at Sarit Centre shopping mall in April, taking over space vacated on Sunday by struggling retailer Uchumi. Carrefour, whose local franchise is held by Dubai-based conglomerate Majid Al Futtaim, three months ago opened its fourth store at the Junction Mall, which was previously…

Bowler Metcalf reports 3% decline in revenue, blames decline on weather and supplies

SOUTH AFRICA - Politics, the weather, and supply problems were among the issues fizzy drinks maker Bowler Metcalf blamed for its flat performance in the six months to end-December. The holding company of SoftBev and Bowler Plastics reported a 3% decline in revenue to US$24.14 million and a 1% decline in after-tax profit to US$3.1…

Spur reports 0.9% revenue decline, as a result of low consumer spending

SOUTH AFRICA - Restaurant Group Spur has reported lower first-half earnings, after attracting less feet through its doors. Revenue declined 0.9% to US$29.33 million in the six months to End-December, as franchise fee income declined due to lower restaurant sales. Total franchised restaurant sales from continuing operations across the local and international operations declined 2.6%…