KENYA – East African Breweries might stop producing Senator Keg if the Government does not withdraw excise tax on the low-cost drink.
NIGERIA – American foremost beer brand, Bacardi Breezer has joined other international brands that are leveraging Nigeria’s large market as a hub to expand their footprint into Africa.
NIGERIA – As Nigerian elites develop increasing taste for alcoholic beverages, more foreign alcohol brands are eyeing the market valued at $2.84 billion, according to an International Wine and Spirit Research (IWSR) report.
ETHIOPIA – The Competition & Consumers Protection Authority is threatening a product boycott if the beverages industry does not return to old prices.
ZIMBABWE – Production of barley is set to decline to 3 000 hectares from 8 000 hectares due to piling up of stocks, the United States Food and Agriculture Organisation (USDA) has projected.
UGANDA – Beer industry players are seeking to invest in local raw materials in the manufacturing of products in an attempt to lure the traditional brew drinkers into formal beer drinking segment.
KENYA – The Health ministry has directed its officials at the counties to suspend nearly all the alcoholic drinks cleared by the National Authority for Campaign against Alcohol and Drug Abuse (Nacada) two months ago.
KENYA – East African Breweries Ltd (EABL) will focus on the spirits segment to make up for revenue loss from the low-end focused Senator Keg as hopes of the tax’s reversal dimmed.
UK – Guinness saw a 1% fall in global sales due to “challenging” conditions in Nigeria and a growth in craft beers in North America.
KENYA – The Dutch brewer on Thursday night launched Desperados, the second alcoholic product it will be marketing since it started importing Heineken from the Netherlands in 2011.