Beverages
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United Spirits’ Board approves sale of all equity shares in Sovereign Distilleries, Q3 profits dip by 64.4%
INDIA – The board of directors of United Spirits Limited (USL), a subsidiary of British multinational alcoholic beverage company, Diageo, has approved the sale of…
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Tanzania’s tea firm Rift Valley Tea Solution properties auctioned for failure to remit employee’s pension contribution
TANZANIA – Dodoma-based tea processor, Rift Valley Tea Solution, has suffered a blow after its properties have been auctioned for failure to remit employees’ monthly…
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Castel acquires Algeria’s Alver glass factory to bolster sustainability drive of reducing plastic usage
ALGERIA – French beverage company, Castel, has strengthened its diversification strategy by developing green and local production with the acquisition of a 100% of the…
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After surviving Covid, Africa’s beverage industry gets back on the investment track
A thirst for growth in a post-pandemic era sends Africa’s beverage industry into an investment spree, expanding production capabilities while staying true to sustainability Historically,…
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Highlands Drinks Limited expands Club Soda portfolio with new lemonade brand
KENYA – Highlands Drinks Limited, a Kenyan-based beverage manufacturer, has unveiled its Club Lemonade to give consumers a wide array of options in its diverse…