AFRICAN & MIDDLE EAST NEWS
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South Africa competition watchdog backs Coca-Cola HBC’s acquisition of Coca-Cola Beverages Africa
The proposed acquisition moves closer to completion after South Africa’s Competition Commission recommended approval, subject to public interest commitments.
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Williamson Tea Kenya, Kapchorua Tea pay George Williamson US$4.5M dividends and royalties
Higher dividends, bonus share issues and royalty payments boosted George Williamson’s returns from its Kenyan tea subsidiaries during the year ended March 2026.
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Dalmia Bharat Sugar approves US$132 million integrated sugar and bio-energy project in Tanzania
The investment will establish a large-scale sugar estate, manufacturing plant and cogeneration facility to strengthen Tanzania’s sugar production and regional supply.
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Kenya High Court blocks EACC probe into KTDA commodity loans
The High Court ruled that EACC cannot investigate KTDA’s commodity loan arrangements, stating the matter falls outside the commission’s statutory mandate.
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Nigerian Breweries relaunches Tiger Beer 4.0 with smoother taste and new packaging
Tiger Beer 4.0 combines a lighter taste profile with modern packaging as Nigerian Breweries targets evolving consumer preferences in the premium beer segment.