Monthly Archives: June 2016

EU Antitrust Commission opens probe into AB InBev Belgian trade practices

European Union antitrust regulators have opened an investigation into the trade practices of Anheuser-Busch InBev (AB InBev) in Belgium, its home market.

The commission said it would probe if the company has “abused its dominant position in Belgium.” At issue is whether the brewer has used its market position to block cheaper imports of its beer from neighbouring countries entering the Belgian market, a breach of the commission’s rules.

South Africa’s Competition Tribunal gives its approval to AB InBev, SABMiller merger

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South Africa’s Competition Tribunal has given its nod to the merger of Anheuser-Busch InBev and SABMiller.

The approval, however, comes with conditions designed to address both public interest and competition concerns arising from the merger.

Life Continental Beer rewards 30 winners of Progress Booster show with N7.5m

Life Continental Lager Beer, a product from the stables of Nigerian Breweries Plc has kicked-off the 2nd edition of its Progress Booster Show, where it rewards entrepreneurs who have compelling business ideas with funds to start or grow their businesses. The beer brand handed out N7.5m to 30 winners recently.

The Progress Booster Show is an entrepreneurial talent hunt and mentoring radio programme targeted at innovative businessmen and women in the South Eastern states.

Beefeater Gin gets a new look

Beefeater London dry gin, the iconic brand from London, England is getting a new look to celebrate the city where it was founded. The brand which dates back to the 19th century is produced in South London and will now feature a hand-drawn map of the city to reflect how the gin continues to be made at its distillery in Kennington, South London.

The map will also capture iconic landmarks in the British capital. The new stylized bottle will also now feature a signature of the founder, James Burrough.

The update, which is as a result of consumer research in countries including Spain and the United States will be applied across all markets starting this month.

AB InBev allays US fears about stifling competition

Anheuser Busch InBev (AB InBev) tried to allay concerns that its pending acquisition of SABMiller will stifle competition in the US beer market.

The company’s move follows a letter from US Senator Amy Klobuchar to the U.S Department of Justice last week in which the senator raised pertinent issues with the department to ensure that craft brewers are not shut out from access to the market as a result of the merger.

Nestle to introduce Youth Apprenticeships to Africa

Nestle has announced that it would introduce its apprenticeships and training programmes to Africa, a continent where the company says business goals and social impact come together.

The company’s CEO Paul Bulcke said: “We will create more than 3,000 apprenticeships and traineeship opportunities in Africa by the end of 2018. We will provide readiness-for-work training for more than 300,000 young people over the same period.”

Customs to seal alcoholic beverage firms owing government

The Nigerian Customs Service (NCS) warned on Tuesday that it would begin sealing alcoholic beverage firms found operating without paying government revenue and bonds.

The agency’s Zone ‘A’ Coordinator, Assistant Comptroller-General, Eporwei Edike gave the warning during his visit to some companies producing alcohol in Ikorodu area of Lagos.

Coca-Cola SABCO opens new plant in Mozambique

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Coca-Cola SABCO, one of the partners of the newly formed Coca Cola Beverages Africa has unveiled a new $130m bottling plant in Matola Gare, Mozambique.

Speaking at the official event to unveil the new facility, Coca-Cola Chairman and CEO Muhtar Kent noted that Coke has been investing in Africa for almost 90 years and is present in every African country with more than 70,000 employees and 145 bottling plants.

World’s Top 10 Beer Brands

Millward Brown/WPP is out with its BrandZ World’s Top 10 beer brands for 2016.

Not surprisingly, seven out of the top ten brands are owned by either AB InBev or SABMiller, soon to be a combined company.

Heineken Unveils World’s First Carbon-Free Brewery

Heineken NV, the third largest brewer in the world with over 165 breweries and 250 brands in its portfolio announced that it has created the world’s first large scale zero-carbon brewery.

Gösser Brewery, located in the picturesque alpine town of Göss in Central Austria, two and half miles by road south of Vienna is the model brewery in Heineken’s sustainability effort to reduce 40% of its carbon footprint (CO2) by 2020.