Heineken
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Heineken full year profits dip 35.6% prompting 8,000 job cuts globally
NETHERLANDS –Dutch multinational brewing company, Heineken has reported a full-year operating profit of €2.42 billion (about US$2.93 billion), representing an organic decrease of 35.6% .…
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Heineken extends dominance in Nigeria’s beer market by raising stake in Champion Breweries to 84.7%
NIGERIA – Multinational brewing company Heineken has raised its ownership in Champion Breweries with acquisition of 1,903,609,538 ordinary shares at a price of N2.6 per…
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SA booze ban forces Heineken to cut workforce by 7%
SOUTH AFRICA – Heineken SA has announced that it will trim its workforce by 7% in 2021 necessitated by the tough trading environment brought by…
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Heineken expands zero alcohol beer portfolio with launch of Desperados Virgin 0.0%
NETHERLANDS – Dutch multinational brewing company Heineken has expanded its portfolio of zero alcohol beers with the global launch of Desperados Virgin 0.0%. The global…
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SA’s beer industry crosses fingers that the alcohol ban won’t prolong beyond mid-January
SOUTH AFRICA – It’s just days after the government of South Africa reinstated the ban on alcohol sales that the industry players have already started…