Beverages
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South Africa alcohol industry players encouraged by excise decision
SOUTH AFRICA – The government of South Africa has planned to increase sin tax, applicable to alcohol products by between 4.5 and 6.5 percent for…
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Chi Limited excites kids with new Chivita Smart Malt Drink
NIGERIA – Chi Limited, Nigeria’s leading fruit juice, drinking yoghurt, evaporated milk, and snacks manufacturing company, has expanded its Chivita product line with launch of…
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Diageo names Andrew Kilonzo as new head of Uganda Breweries Limited
UGANDA – Uganda Breweries Limited (UBL), subsidiary of the East African Breweries Limited (EABL), has appointed Andrew Kilonzo as its new Managing Director, with effect…
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Cold beverages drive Keurig Dr Pepper’s growth in FY 2021 but higher costs dent outlook
USA – A thirst for Keurig Dr Pepper’s cold beverage portfolio drove overall sales at the Plano-Texas-based company in 2021. Full-year net sales rose…
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AB InBev, Molson Coors full year results eclipse pandemic levels driven by recovering beer demand
BELGIUM – Alcoholic beverage giants AB InBev and Molson Coors have reported strong full year sales for 2021 mainly driven by premiumisation and recovery demand…