SA craft breweries in dire need of resumption of alcohol trade or risk collapse
SOUTH AFRICA – The current ban on alcohol sales in South Africa is pushing craft…
Beverages
Coca-Cola introduces coffee-infused soft drinks in US market following success abroad
US – American multinational beverage corporation, Coca-Cola has finally introduced Coca-Cola with Coffee in the…
Molson Coors enters agreement to distribute Superbird ready-to-drink spirit across US markets
US – Molson Coors Beverage is partnering with Casa Komos Beverage Group to distribute Superbird,…
SA registers high fluctuations in SKU availability of alcoholic products on online platforms due to COVID-19 disruptions
SOUTH AFRICA – The retail industry has felt the effects of COVID-19 with lock-downs initiated…
MGP Ingredients acquires US alcohol producer Luxco in a US$475m deal
US – MGP Ingredients, a supplier of distilled spirits and specialty wheat proteins and starches,…
Tanzanian alcohol makers turn to local sources of raw materials to boost industry
TANZANIA – Leading breweries in Tanzania i.e., Tanzania Breweries Limited (TBL) and Serengeti Breweries Limited…
South African Breweries suspends contracts of 550 temporary workers as booze ban continues
SOUTH AFRICA – It’s nearly a month since the government of South Africa reinstated the…
Liquor startup Ciro to introduce German wine brands Becksteiner and J. Oppmann to India
INDIA – Ciro, an India-based liquor startup, has announced plans to introduce German wine brands…
South Africa’s wine exports register 7.7% growth in earnings despite COVID-19 disruptions
SOUTH AFRICA – Wine exports from South Africa reached 319.2 million litres in 2020 earning…
Leading North American lager maker Molson Coors to sell India business
INDIA – Molson Coors, one of North America’s leading lager makers, is considering selling its…
Distell eyes CBD infused drinks market with acquisition of minority stake in South African CBD brand RETHINK
SOUTH AFRICA – South African wine, cider and spirits company Distell seeks to expand its…
SA booze ban forces Heineken to cut workforce by 7%
SOUTH AFRICA – Heineken SA has announced that it will trim its workforce by 7%…
Suntory Group to revitalize beer portfolio to tame dwindling consumer demand
JAPAN – The Suntory Group, a global leader in both the alcoholic and non-alcoholic beverages…
UK’s Wine and Spirit Association releases new guidance for alcoholic drink substitutes
UK – The British Wine and Spirit Trade Association has produced new guidance around the…
SA glass packaging industry hangs by a thread risking loss of millions of dollars with prolonged alcohol ban
SOUTH AFRICA – South African glass packaging manufacturer, Consol Glass has indicated that the glass…
Lavanya Chandrashekar to succeed Kathryn Mikells as Diageo CFO
UK – British multinational alcoholic beverages company Diageo has announced that Lavanya Chandrashekar will succeed…
Two subsidiaries of East African Breweries Limited in Kenya seek power generation licence
KENYA – Kenya Breweries Limited (KBL) and East Africa Maltings Limited (EAML), subsidiaries of East…
Monster Beverage names long-term CFO Hilton Hilton Schlosberg as co-CEO
US – American energy beverages company Monster Beverage has announced the appointment of long-term CFO…
Kenyan Bar owners get more time to apply for KBL’s ‘Raising the Bar with Tusker’ fund
KENYA – The Kenya Breweries Limited (KBL), subsidiary of East Africa Breweries Limited has extended…
Truly and AB InBev’s Michelob Ultra brand launch new hard seltzers into the US market
US – Truly Hard Seltzer and AB InBev’s Michelob Ultra brand have expanded their portfolio…
GIHOC Distilleries champions revival of Ghanaian state-owned glass company Aboso Glass Factory
GHANA – GIHOC Distilleries Company Limited, the Ghanaian state-owned manufacturer of distilled and alcoholic beverage…
South African economy losses US$328m worth of investment from SAB after cancelling another US$164m planned expenditure
SOUTH AFRICA – South African Breweries (SAB), subsidiary of AB InBev has pulled the plug…
Chobani expands beyond dairy aisle, launches new ready-to-drink coffees
US – Chobani, a leading American company that is known for its Greek yogurts, taken…
Coca-Cola sells Zico coconut water to PE firm founded by brand’s creator
US – American multinational beverage company Coca-Cola has sold its Zico coconut water brand to…