LATEST NEWS
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EABL cements its ownership in Serengeti Breweries with acquisition of additional 30% stake
TANZANIA – East African Breweries Limited, majority owned by British multinational alcoholic beverage company Diageo, has expanded its ownership in its Tanzanian subsidiary, Serengeti Breweries…
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Woolworths sets new sustainability goal, receive financial backing from Standard Bank
SOUTH AFRICA – In line with its vision to be one of the world’s most responsible retailers, Woolworths Holdings Limited (WHL) based in South Africa…
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UK delivery startup Deliveroo mulls pulling out of Spain as GoPuff raises US$1Bn in latest funding round
UK – UK delivery startup Deliveroo is considering ending services in Spain due to high costs associated with a recent requirement for food delivery companies to convert their…
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Molson Coors Q2 net sales revenues rise 17.4% as plans to discontinue 11 economy brands take shape
US – Molson Coors, a leading brewing and drink company, has reported a 17.4% rise in net sale revenue for Q2 ending June 30th , as aggressive…
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Diageo reports 16% organic growth in full year revenues driven by sales rebound in North America
UK – British multinational alcoholic beverage company Diageo has recorded an 8.3% increase in full-year net sales, driven by the reopening of bars and restaurants in…