Delta Corporation Limited undertakes Executive restructuring following CEO scheduled retirement

ZIMBABWE – Zimbabwe Stock Exchange-listed beverages producer, Delta Corporation has announced the retirement of its CEO Mr Pearson Gowero with effect 30 June 2021, after eight years at the helm. Drawing to a close a distinguished career with the Group spanning nearly 25 years, Mr Gowero will be succeeded by Mr Matlhogonolo Valela, the Group Finance Director who will takes over the reins from July 1. Pearson was appointed as the Chief Executive Officer in June 2012, having joined the Group in March 1997. He started at Chibuku Breweries in…

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Sierra Leon fruit beverage maker Capitol Foods receives US$1m backing for expansion

SIERRA LEON – Leading beverage manufacturer in Sierra Leon, Capitol Foods Ltd has received US$1 million debt financing from two Dutch impact investors, Cordaid Investment Management and Triodos-Hivos Fund. The funding according to Triodos Investment is aimed to finance Capitol’s expansion of fruit processing capacity to meet the growing demand, by facilitating the purchase and installation of 3-tonnes-per-hour fruit processing plant. The debt facility will also enable the company to provide greater market access for thousands of fruit farmers in Sierra Leone. “This loan created an immediate relief to both…

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Kenyan bars face indefinite closure in five counties, sale of alcohol banned in eateries

KENYA – The government of Kenya has indefinitely suspended operations of bars in the capital Nairobi and four other counties as COVID-19 infections hit record levels in the East African nation. President Kenyatta, in an address to the nation has termed the five counties i.e., Nairobi, Machakos, Kajiado, Kiambu, and Nakuru as “disease-infected areas” since 70 per cent of Kenya’s COVID-19 infections cases were recorded in the said counties. As part of a string of new measures aimed at combating the increasing cases of COVID-19, Bars and all liquor joints…

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East Africa Bottling Company, Ambo Water get favourable verdict over disputed merger allegations

ETHIOPIA – The Federal Supreme Court of Ethiopia has finally given the verdict on the case by the Trade Competition & Consumer Protection Authority (TCCPA) against East Africa Bottling Company, bottlers of Coca-Cola and Ambo Mineral Water over an alleged illegal merger. The case, dating 16 June 2017 implicated that the two companies, Ambo Mineral Water and East African Bottling Company had engaged in an illegal merger without proper notification to the authority. According to reports by Addis Fortune, Justices at the Supreme Court`s Cassation Bench ruled that there is…

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Tanzania Breweries’ Castle Lite features as the only African brand to win Creative X Awards by AB InBev

TANZANIA – Anheuser-Busch InBev (AB InBev), the world’s largest brewer has crowned Castle Lite Tanzania as the 2021 winner of the “Creative Use of Data” category, at its in-house and globally recognized Creative X Awards. The Creative X Awards exists to celebrate and scale creative ideas that drive effectiveness and business growth. Being the only African brand to emerge a winner this year, Castle Lite bagged the accolade courtesy of its cold tracker innovation which seeks to ensure consumers can easily and readily access cold beer, keeping to the brand’s…

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Small appliances maker De’Longhi to acquire rival Eversys as Nestlé rolls out new safety feature for coffee machines

SWITZERLAND – Italian manufacturer of small appliances, De’Longhi is poised to achieve full ownership of Swiss coffee machine manufacturer Eversys. This is after the company signed a deal to acquire the remaining 60% stake in the company for approximately CHF 110 million (about US$118.4 million). Eversys was founded in 2009 and manufactures a range of professional espresso coffee machines, with a focus on fully-automatic coffee machines. The company inaugurated a new coffee machine production plant in Sierre, Switzerland in 2020. De’Longhi first entered into a relationship with the company back…

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Bühler launches new malting equipment for small scale brewers

 SWITZERLAND – Swiss food technology group, Bühler has launched new malting equipment specifically meant for small to mid-sized craft beer producers. Called RimoMalt, the new equipment offers users unprecedented flexibility and brings investments down to an all-time low, according to the company. The company notes that with the new equipment craft producers can start off with very small batch sizes with an output that is easily scalable from 1,000 to up to 17,000 tons per year thanks to its modular system. The fully insulated and cladded steep house starts at…

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South Africa’s In2food launches wide range of fermented tea drinks

SOUTH AFRICA – In2food, a premium prepared food and beverage business in South Africa has launched Kombucha batch brew tea, naturally fermented with Symbiotic Culture of Bacteria and Yeast (SCOBY). According to the company, its production process creates a light fizz and a tangy taste with gut friendly probiotics. Adding excitement to the new offering, In2Food has launched the drink in different flavours i.e., Ceylon tea kombucha with raspberry, Rooibos tea kombucha, Rooibos kombucha with beetroot and Green tea kombucha with apple, ginger and lemon. It is now available in…

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SAB launches new 620ml grand luxe of Brutal Fruit Ruby Apple Spritzer

SOUTH AFRICA – South African Breweries (SAB) has introduced a new bottle size of the much-loved Brutal Fruit Ruby Apple Spritzer now coming in 620ml bottle an addition to the 500ml and 275ml.  The new 620ml Grand Luxe is aimed to enable the targeted consumer who is the South African woman to delighted in the drink as she shares all of her special moments responsibly. “No matter how big the win, or how small the victory, #YouBelongToCelebrate with the new Brutal Fruit Grand Luxe. “Super proud of another exceptionally well-crafted…

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PepsiCo’s Naked Juice launches two new smoothies in UK as Pepsi adds mango to its permanent beverages lineup

UK – PepsiCo’s Naked Juice brand has released two new smoothies in the UK to provide more variety to consumers seeking an easy way of incorporating a variety of fruits into our daily lives. The new products, Naked Rainbow Machine and Naked Berry Lean, feature a range of fruits and vegetables and incorporate a number of Vitamins such as C, E, and B1. Naked Rainbow Machine features a mix of fruits and vegetables including red apple, mango, kiwi, blackberries, blueberries, banana, beetroot and elderberry. The drink which jons the brand’s…

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