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Beverages – LATEST NEWS
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Checkers Africa launches Choco Tee 3-in-1 hot chocolate
New cocoa-rich hot drink aims to deliver natural nutrition, affordability, and taste for Nigerian households.
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Cervejas de Moçambique nearly triples profit in 2024, driven by strong sales, market leadership
CDM posts record-breaking 2024 profits and increases shareholder dividends, reinforcing its dominance in Mozambique’s beer market.
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Starbucks India grows store network despite 65% widening in FY25 losses
Tata Starbucks expands to 479 stores in 80 cities amid rising losses and ongoing economic volatility.
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PepsiCo delays net-zero emissions goal to 2050, revises sustainability targets amid external challenges
PepsiCo extends its net-zero timeline and adjusts climate and packaging goals while raising ambitions in regenerative agriculture.
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Diageo eyes Africa exit in strategic shift as EABL’s future under review
Diageo’s restructuring plan could affect its East African flagship EABL, raising concerns over jobs, tax revenue, and market stability.