Beverages
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PepsiCo appoints Riaan Heyl as new CEO for South African unit
SOUTH AFRICA – American multinational food and beverage corporation, PepsiCo has appointed Riaan Heyl as the new chief executive officer of its South African unit,…
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Lato milk brand launches energy drink fortified with Vitamin B
UGANDA – Pearl Dairy Farms, Uganda’s leading milk processor, has expanded out of the dairy space into the soft beverage sector with the launch of…
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Heineken commits US$300m to expand Brazilian operations, US$44.8m to UK pubs
BRAZIL – Dutch multinational brewing company, Heineken, will inject 1.5 billion reais (US$300.8 million) into expanding its premium and single malt beer portfolios in Brazil.…
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Nine Kenyan firms granted licenses to import 50,500 tonnes of industrial sugar
KENYA – Nairobi Bottlers Limited and Equator Bottlers are among the nine Kenyan firms cleared to import a total of 50,500 tonnes of industrial sugar…
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James Finlay sells 85% of business in Kenya to Sri Lankan company Browns Investments
KENYA – Browns Investments PLC (BIL), a Sri Lanka-based investment vehicle of the Browns Group, which invests in fast-growing key economic sectors, has made its…