KENYA – Three distribution firms embroiled in a legal battle with Dutch brewer, Heineken, have asked the court to strike out defendants’ amended statements and instead award them Sh5.3 billion in damages.
SOUTH AFRICA – South African wine exports are projected to grow 13% in the next decade, according to the latest Bureau for Food and Agricultural Policy baseline report, which provides a snapshot of the country’s wine industry and the broader agricultural sector.
NIGERIA – A Fast Moving Consumer Goods (FMCG) company in Nigeria, Denna Rossi Limited has introduced Clue Vitamin Beverage to the market to meet up the high demand of the increasingly health-conscious society.
ETHIOPIA – The 40-year-old Addis Abeba Bottle & Glass Company has completed an expansion project worth half a billion birr.
RWANDA – Bralirwa posted a 6.2 per cent growth in net revenue during the first half of 2016, the company’s financial statement released yesterday indicates.
KENYA – Beer maker East African Breweries Limited (EABL) has halved its Sh20.2 billion ($200 million) loan owed to parent company Diageo.
SOUTH AFRICA – Shareholders in unlisted liquor group KWV Holdings will not taste a rich special dividend anytime soon.
TANZANIA – Tanzania Breweries Ltd have launched a new, limited edition 100% malt beer known as Ndovu Red Malt, an extentsion of its Ndovu Special Malt
SOUTH AFRICA – Major rival Heineken on Wednesday hit SABMiller and Anheuser-Busch InBev (AB InBev) with a slew of conditions it wants the Competition Tribunal to impose on the $108bn merger.
SOUTH AFRICA – SABMiller CEO Alan Clark took a £1.2m cut in total pay last year, but will shortly be in line to receive a payout of £55m — once the London-listed brewing group is taken over by larger rival Anheuser-Busch InBev.