AFRICAN & MIDDLE EAST NEWS
-
South Africa’s alcohol bans impacted not only booze sales but also consumer behavior
SOUTH AFRICA – Further assessing the impact of South Africa’s latest liquor ban, a new NielsenIQ report has equated the loss to R7.6 billion (US$520m)…
-
South Africa’s beer major SAB reports double digit growths in both sales, profit despite alcohol bans
SOUTH AFRICA – Despite the multiple COVID-19 related alcohol ban, South African Breweries (SAB) realised strong consumer demand for its brands when alcohol trade was…
-
OPEC Fund signs US$30m loan to enhance productivity for smallholder farmers in Uganda
UGANDA – The OPEC Fund for International Development signed a US$30 million loan agreement with Uganda to help improve food security and incomes for more…
-
EABL narrowly misses complete performance turnaround with full year profit slipping by 1%
KENYA – The East African Breweries Limited (EABL) has reported 15% growth in revenue to Ksh 86 billion (US$791m), driven by smart investment behind brands,…
-
African milk processors Pearl Dairy, Blue Boat drive innovation in dairy sector with launch of new products
UGANDA – Uganda’s leading dairy processor, Pearl Dairy Farm Limited (PDFL), has expanded its milk offering with launch of its new UHT whole milk under…