Coca-Cola completes major refranchising of North American operations

USA - The Coca-Cola Company has finished the refranchising program, which has changed the shape of its North America bottling operations and reduced the number of independent bottlers across the United States from nearly 70 to three major bottlers. The decade long journey to reshape its bottling system, Cola North America has completed the company’s…

Delta Corp urges Govt to adopt new excise duty regime

ZIMBABWE – Zimbabwe’s largest beverages manufacturer Delta Corporation has proposed that Government adopts a new excise duty regime on alcoholic beverages premised on absolute alcohol content as opposed to the type of alcoholic beverage, ahead of the 2018 National Budget. In its 2018 National Budget Submission to the Ministry of Finance and Economic Development seen…

House panel pledges to continue soft drinks probe

NIGERIA - Majority Leader of the Federal House of Representatives, Hon. Femi Gbajabiamila, has said that the National Assembly has power to carry out an investigation into a matter involving privately-run companies. Speaking as the chairman of the House ad hoc Committee investigating the production and distribution of soft drinks manufactured by the Nigerian Bottling…