Beverages
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Monster Beverage names long-term CFO Hilton Hilton Schlosberg as co-CEO
US – American energy beverages company Monster Beverage has announced the appointment of long-term CFO Hilton H. Schlosberg as co-CEO of the company. According to…
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Kenyan Bar owners get more time to apply for KBL’s ‘Raising the Bar with Tusker’ fund
KENYA – The Kenya Breweries Limited (KBL), subsidiary of East Africa Breweries Limited has extended the application deadline for bars and eateries interested in signing…
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Truly and AB InBev’s Michelob Ultra brand launch new hard seltzers into the US market
US – Truly Hard Seltzer and AB InBev’s Michelob Ultra brand have expanded their portfolio of products in the US market with the introduction of…
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GIHOC Distilleries champions revival of Ghanaian state-owned glass company Aboso Glass Factory
GHANA – GIHOC Distilleries Company Limited, the Ghanaian state-owned manufacturer of distilled and alcoholic beverage brands has initiated plans of reviving the government owned glass…
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South African economy losses US$328m worth of investment from SAB after cancelling another US$164m planned expenditure
SOUTH AFRICA – South African Breweries (SAB), subsidiary of AB InBev has pulled the plug on another R2.5bn (US$164m) capital investment slated for the 2021…