Packaging specialist Bowler Metcalf sales its 41.38% stake in SoftBev

SOUTH AFRICA - Bowler Metcalf, manufacturer and seller of plastics and plastic moldings has completed the sale of its 41.38% stake in SoftBev, a company engaged in the production, bottling, and marketing non-alcoholic beverage products in South Africa. Upon the approval of the sale, Bowler’s share price finished 12.2% stronger at US$0.84 and that the…

Bowler Metcalf reports 3% decline in revenue, blames decline on weather and supplies

SOUTH AFRICA - Politics, the weather, and supply problems were among the issues fizzy drinks maker Bowler Metcalf blamed for its flat performance in the six months to end-December. The holding company of SoftBev and Bowler Plastics reported a 3% decline in revenue to US$24.14 million and a 1% decline in after-tax profit to US$3.1…