Beverages

Jack Daniel’s Tennessee Blackberry and strong ready-to-drink growth helped Brown-Forman offset declines across Tequila and developed international markets.

The brewery says higher excise rates could weaken local manufacturing and investment, while the Finance Ministry argues the revised system retains a tax advantage for domestic producers.

The divestment covers Nature’s Bounty, Osteo Bi-Flex and Puritan’s Pride as Nestlé focuses its portfolio on coffee, petcare, food and snacks.

The project will replace heavy fuel oil with green electricity at Kilinto Brewery, supporting Heineken Ethiopia’s goal of reducing emissions and strengthening local production.

The appointment strengthens AG Barr’s board leadership as the drinks group continues executing its long-term growth and brand development strategy.