Coca-Cola unveils US$38m fund to tackle plastic pollution in Africa

AFRICA – The Coca-Cola Company has unveiled a US$38 million fund to tackle plastic pollution in Southern, East and Central Africa over the next three years. The initiative by the multinational beverage manufacturer is part of global efforts in managing and reducing waste under in the overall ambitions of achieving a world without waste. According…

South Africa increases tax on sugary drinks amid struggling sugar industry

SOUTH AFRICA – South Africa has announced an increase in tax on sugar drinks in a move to cushion the economy against inflation despite a struggling sugar industry in the country. South Africa’s Finance Minister, Tito Mboweni, said that the tax will increase from 2.1 cents to 2.21 cents per gram of sugar per 100ml,…

Coca-Cola unveils plans for new health conscious beverage line in Kenya

KENYA – Soft drink manufacturer, Coca-Cola has unveiled plans to expand its product portfolio in Kenya with a key focus on an increasingly health-conscious consumer base even as it expects warmer weather to drive sales this year. Coca-Cola company regional general manager, Ahmed Rady, said that it was lining up a number of new drinks…