Kenya: Diageo relying on “backward integration” in Kenya

It is 4pm in a country pub on the outskirts of Kisumu, a port on Lake Victoria. The establishment, set in fields off the main road, is built of crude ...
Opublikowane 31/10/2019 Więcej

Brazil: Coca-Cola Femsa and Heineken announce end of distribution arbitration in Brazil

Coca-Cola Femsa SAB de CV and Heineken NV announced late on October 31 the end of an arbitration on contracts of beer distribution in Brazil favorable to Femsa, Reuters reported. Both ...
Opublikowane 31/10/2019 Więcej

Japan: Asahi CEO doubling down on beer as survival strategy

The biggest dealmaker in Japan this year has one thing on his mind: beer, and then more beer — more than $20 billion worth of it in the past four ...
Opublikowane 31/10/2019 Więcej

Nigeria: International Breweries to raise $457.7 million in share sales this year

International Breweries Plc, the Nigerian unit of AB InBev SA, said it plans to raise as much as 165 billion naira ($457.7 million) in a share sale this year, as ...
Opublikowane 31/10/2019 Więcej

USA: Hoegaarden’s non-alcoholic beer expanding to the US

Hoegaarden’s non-alcoholic beer is expanding beyond Europe: with pilots in Rochester and Philadelphia in the US currently under way. While Europe has been leading the low and no ABV beer ...
Opublikowane 31/10/2019 Więcej

Nigeria: Brewers groaning under excise duty burden

With competition from cheaper brands and sachet alcoholic drinks, brewing firms in Nigeria are groaning under the burden of excise duty as they struggle to manage costs that would have ...
Opublikowane 30/10/2019 Więcej

The Philippines: Increasing excises on alcohol expected to reduce consumption by 20% - research

Increasing the excise tax on alcohol products is expected to reduce consumption by as much as 20% in four years with possibly life-saving consequences, “save lives,” BusinessWorld Online reported on ...
Opublikowane 30/10/2019 Więcej

USA: Boston Beer reports higher revenue for Q3 2019

The Boston Beer Company, Inc. completed the previously reported Dogfish Head Brewery transaction and began consolidating the Dogfish Head financial results on July 3, 2019. The combined company reported ...
Opublikowane 30/10/2019 Więcej

USA & Canada: Molson Coors to cut jobs, simplify segments and add more products beyond beer to boost revenue

Molson Coors Brewing Co said on October 30 it would cut jobs, simplify business segments and add more products beyond beers as the new Chief Executive Officer Gavin Hattersley looks ...
Opublikowane 30/10/2019 Więcej

Kenya: Kenya losing billions in potential taxes to cross-border beer smuggling from Uganda

Kenya is losing billions of shillings in potential taxes to cross-border smuggling of beer from Uganda due to a huge difference in rates, nation.co.ke reported on October 26. Beer on the ...
Opublikowane 27/10/2019 Więcej