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Beverages
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International Breweries returns to profitability with US$39.17M gain after seven years of losses
International Breweries Plc posts N57 billion profit in nine months of 2025, reversing losses through revenue growth and cost efficiencies.
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Nigerian Breweries reports 48% surge in revenue in nine months of 2025
Nigerian Breweries Plc reports strong nine-month performance with a 48% revenue surge and significant profit growth despite inflationary pressures.
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Keurig Dr Pepper secures US$7B to fund JDE Peet’s acquisition, raises 2025 sales outlook
The beverage giant strengthens its financial position and boosts annual sales forecast following major funding for its JDE Peet’s acquisition.
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Malee Group targets 15% annual growth by 2028 with focus on functional beverages, global expansion
The Thai beverage manufacturer eyes growth through innovation in functional drinks and market expansion across Asia and the Middle East.
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South Africa lowers minimum alcohol content for spirits to 40% to align with global standards
The new amendment brings South Africa’s spirits regulations in line with international norms, easing export and import operations