Zambian Breweries more than doubles capacity at Ndola brewery

ZAMBIA - The Zambian Breweries Ndola plant has increased the production of its beverages by one million hecto liters following the investment of $30 million dollars. The plant has increased production from 750,000 to 1.75 million hectolitres per annum. Head of corporate communications Exekiel Sekele said the company invested $30 million into a new production…

AB InBev announces new North America President and CEO 

USA – AB InBev has announced that Michel Doukeris will be appointed president of its North America business and CEO of Anheuser-Busch. Michel will succeed João Castro Neves, who decided to step down from the role as president to pursue other opportunities after a ‘long and distinguished career’ with AB InBev. Doukeris joined AB InBev…

Tanzania Breweries touts effective water management

TANZANIA – Private sector has a key role in ensuring that it utilises and manages water efficiently to ensure that the resource is available to all, the AB-INBEV President for East Africa Roberto Jarrin has said. Jarrin who is also the Tanzania Breweries Limited (TBL) Group Managing Director was speaking at the 10th Economic Update…

AB InBev profits surge 50% as SABMiller boosts operations

BELGIUM – The world’s leading brewery, AB InBev has reported a robust growth in its nine-month financials for the period ending September 30 2017, boosted by the former SABMiller operations in key emerging markets and premiumisation efforts. The brewer, which has been incorporating SABMiller’s business in its operations following its acquisition of its number two…

International Breweries merger gets shareholders’ approval

NIGERIA - International Breweries Plc (“IBPlc”), said on Thursday that its shareholders and the shareholders of Intafact Beverages Limited and Pabod Breweries Limited (the “merging entities”) have approved the merger of all three companies. With approval received from the shareholders of the merging entities, the company said it will will seek final regulatory approvals from…

AB InBev to sell Zambia Chibuku unit to Delta Corp.

ZAMBIA - Delta Corporation, the Zimbabwe-based associate of Anheuser-Busch (AB) InBev has said that it is finalising a transaction to acquire a controlling stake in National Breweries of Zambia. Delta said in a statement that equity is being acquired from Heinrich’s Syndicate, which is also owned by AB InBev. "The equity is being acquired from…

AB InBev to increase stake in Nigerian brewer post-merger

NIGERIA - Anheuser-Busch InBev, the Belgian brewer which controls three independently operated breweries in Nigeria will increase its majority equity stake in International Breweries Plc (“IBPlc”) to 75.1% following the ongoing merger of its Nigerian operations. AB InBev announced in early June that the Board of Directors of its three indirect Nigerian subsidiaries – IBPlc,…