Global beer brand Heineken brought the thrill of the Formula 1 Dutch Grand Prix all the way to Lagos, giving Nigerian fans a front-row experience of the high-octane sport. The …
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BusinessEconomyFinance & ServicesMarkets
Nigerian Breweries Bounces Back, Records N44.6bn Profit in Q1 2025
Nigerian Breweries Plc has recorded a major turnaround in its business, posting a net profit of N44.6 billion in the first quarter of 2025. This marks a big comeback for …
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BusinessEconomySouth Africa
SAB launches a new logo which represents it’s positive outlook for the country
South African Breweries (SAB) has launched a new logo which the company says represents its positive outlook for the country, with its CEO optimistic about local prospects – even as …
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AfricaAFRICA NEWSBusinessINVESTMENTNewsSouth AfricaSouthern Africa
Commission approves Heineken’s takeover of Distell with conditions
South Africa’s Competition Commission approved Heineken’s purchase of wine and cider company Distell Group in South Africa as long as the merged entity invests more than R10 billion over five years …
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Coca-Cola said it would delay the planned initial public offering of part of its stake in an African bottler of its products, saying a rescheduled debut would depend on factors …