Beverages
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Beam Suntory, Frucor Suntory join forces to establish US$1.96B joint venture in Oceania region
Australia/New Zealand – Beam Suntory and Frucor Suntory have agreed to form an AU$3 billion (US$1.96bn) multi-beverage venture in Australia and New Zealand that will…
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Kenyan tea export prices rally on back of stabilized demand to highest level in 8 years
KENYA – Tea prices at the Mombasa auction rallied to their highest level in 8 years on the back of stabilising demand, a weakening shilling…
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Kenya exported largest volume of coffee in 14 years in May before auctions were suspended
KENYA – Data from Kenya’s Central Bank shows that the country exported the largest volume of coffee in 14 years in May boosted by increased…
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Capri Sun to reclaim Western European distribution of pouch drinks from CCEP
EUROPE – Capri Sun Group will take back the sales and distribution of its iconic pouch drinks in Western Europe next year from Coca-Cola Europacific…
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Nigerian Breweries banks on price hike to enable it to maneuver through economic challenges
NIGERIA – Nigerian alcoholic lovers have been notified to brace themselves for a price hike effective August 10, 2023, by the country’s largest brewing company,…