EABL secures US$125 million loan for second Kenya plant

KENYA - East African Breweries Limited (EABL) has secured a Sh12.5 billion (US$125 million) long-term loan from Standard Bank Group to fund the ongoing construction of its Senator Keg factory in Kisumu. The completion of the factory is expected  to create 110,000 direct and indirect jobs and push sorghum demand from the current 20,000 tonnes…

Delta Corp’s income down 10% on tough economy

ZIMBABWE – Zimbabwean soft drink and alcoholic beverage consumers manufacturers have become choosy as they seek value propositions to survive the country’s current economic difficulties but this has impacted on brewer, Delta Corporation, whose revenues for the year to March have declined 10% to $483 million.