ZAMBIA – National Breweries says Government’s decision to introduce new tax on opaque beer in the 2017 national budget is likely to discourage tax evasion and help promote compliance.
ETHIOPIA – Awash Winery S.C hopes to place Ethiopian wines on the world map as it speeds ahead with a capital expansion project to improve its capacity.
KENYA – Business tycoon Peter Kuguru has put up his 20-year-old Softa beverages company for sale, marking the end of an era in which a Kenyan firm took global giant Coca-Cola head-on.
KENYA – Investment firm Centum has pumped Sh1 billion into Almasi Beverages through a rights issue, raising its stake in the bottling company to 53.8 per cent and signalling its intention to possibly take full ownership of the firm.
ETHIOPIA – Heineken Ethiopia is set to inaugurate its one-year expansion project executed at a total cost of 2.4 billion Br. The project will give the company the highest production capacity in Ethiopia’s brewery industry.
NIGERIA – Speaking at a press conference held in Lagos to officially announce the Company’s new acquisition, Managing Director Suntory Beverage & Food Nigeria, Chinedum Okereke, described Suntory’s investment in Nigeria as a development that will yield many positive results.
ZIMBABWE – Global beverage giant, Coca-Cola Company, says it is in talks with a potential new partner and expressed its long-term commitment to the Zimbabwean market.
BOTSWANA – Kgalagadi Breweries Limited, the country’s biggest brewer is stopping the production of some of its products, ranging from clear beer to non-alcoholic beverages.
GHANA – Accra Brewery Limited (ABL), the nation’s premier brewery, emerged winner in the “Beverage Industry of the Year” category at the Association of Ghana Industries 5th Ghana Industry Awards ceremony.
TANZANIA – Tanzania Breweries Limited (TBL) Group has embarked on using solar power for industrial production that assures reliable and cost efficient energy.