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Beverages – LATEST NEWS
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Champion Breweries to raise up to 5B shares, targets US$29.4M in equity and debt capital
The brewer plans to issue new shares and explore debt instruments to fund expansion, operations, and future sustainability initiatives.
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EABL appoints Andrew Kilonzo as new Kenya Breweries Managing Director
EABL names new KBL MD and Commercial Director as part of growth strategy following strong half-year financial performance.
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Delta Beverages flags threat to Zimbabwe’s beverage sector from high sugar prices, taxes
Beverage giant Delta warns Parliament that rising sugar costs and taxation are putting pressure on manufacturing and consumer demand.
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Hershey names Kirk Tanner as CEO, succeeding Michele Buck
Tanner brings over three decades of experience in food and beverage to lead Hershey into its next phase of transformation.
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Artcaffé expands to Kenya’s Nanyuki, bringing its unique café, restaurant, bar experience beyond Nairobi
The new branch is designed to cater to a diverse clientele, including long-distance drivers, families on holiday, business travelers, and residents seeking a convenient and comfortable dining option.