Beverages

Afdis profits to jump 15 percent

ZIMBABWE – Spirit maker African Distillers Limited (Afdis) is expected to increase its profits in the half year to December by 15 percent to $2,3 million from $2,08 million recorded in the full year to June 2014, market experts say.

Coca-Cola Nigeria appoints new PR agency

NIGERIA – Coca-Cola Nigeria Limited has announced the appointment of The Quadrant Company as the new public relations consultants to steward her corporate and beverage brands, effective from September 2014.

Bottled water brands undergo strict new standards assessment

ETHIOPIA – Aimed at insuring compliance to the mandatory standards the government has set for the manufacturers of packed mineral water, the Ethiopian Conformity Assessment Enterprise (ECAE) has announced that only six of the 32 bottled mineral water brands in the market have so far under gone laboratory testing and inspection, thereby securing a quality compliance certificate.

Volume growth spurs Afdis performance

ZIMBABWEZimbabwe Stock Exchange-listed African Distillers Limited posted a 150 percent increase in profit for the year ended June 2014 spurred by volume growth, cost management and improved productivity.