South Africa: Latest beverage news & analysis
Craft brewers and big beer firms may be on opposite sides of the trenches in the US, but the situation appears to be a little different in South Africa.
SABMiller’s South African soft drinks business is aiming for up to 5% medium-term annual volume growth, but has warned of current challenges such as a weakening Rand and social unrest in the lead-up to elections.
An on-going rise in the number of women in South Africa choosing to drink alcohol has been identified as an opportunity for SABMiller, with the brewer upping its focus on sweeter beers to capitalise on the trend.
Last week, British newspaper The Guardian published a news story on striking grape workers in South Africa. In the article, a union leader called for a boycott in the UK of the country's wines. Here, the head of the Wines of South Africa trade body, Su Birch, argues against the call.
How best to sum up Cape Wine 2012? The three words that kept cropping up over the course of this showcasing of South Africa's wine industry were optimism, ambition and quality.
Distell Group has taken full control of US importer and distributor International Beverage Company (IBC) for an undisclosed fee.
The head of Wines of South Africa has admitted it has been a “challenging” time in her first 11 months in the job, but believes the trade group is making progress in highlighting the growing quality of the country's wines.
Distell is looking to increase from sales of higher-end wine offerings in its export markets, particularly the UK.
SABMiller has upped its earnings from the sale of its Tsogo Sun Holdings shares to ZAR10.6bn (US$1bn) after divesting the last of its interest.
Strong sales in its export markets and a weak South African rand has helped Distell deliver a double-digit rise in full-year revenue.
SABMiller's South African unit has launched a "limited-edition" chocolate infused version of its Castle Milk Stout brand.
Distell Group is to acquire a 26% stake in Kenyan spirits firm KWA Holding East Africa Limited (KHEAL) for KES860m (US$9.8m).
SABMiller has earnt ZAR7.6bn (US$707m) through the placing of its ordinary shares in South African gaming, hotel and entertainment group Tsogo Sun Holdings.
SABMiller is in line to earn around US$1bn from the sale of its holding in South African gaming, hotel and entertainment group Tsogo Sun Holdings.
Wines of South Africa (WoSA) has elected the former CEO of First National Bank as its new chairman.
It seems to me that ads for alcohol used to fall into two categories - funny or cool. Nowadays, marketing men appear to be branching out into a third option - touchy feely.
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