Daily Archives: November 23, 2016

Ambode congratulates Nigerian Breweries at 70, concurs with brewer on Lagos Fiesta

The Lagos State Governor, Mr. Akinwunmi Ambode, paid a commemorative visit to Nigerian Breweries Plc on Tuesday, where he commended the brewer for its commitment to the economic prosperity of the state and the nation.

The Governor enjoined the company’s management to remain focused on excellent business practices and outstanding corporate governance. He congratulated the company on its 70th anniversary, noting that Nigerian Breweries has been part of the development of Lagos State since its creation fifty years ago.

How AB InBev ascended the world’s beer throne

This article was first published in the Financial Mail, a South African publication and authored by Ann Crotty. We have edited parts of the original story but give credits to the author and the folks at Financial Mail.

To get a better understanding of how Anheuser-Busch InBev (AB InBev) became the world’s largest beer company, it helps to look back to the 1970s – a period when marketing departments held sway in beer companies.

South Africa’s Nampak posts 11% revenue growth despite currency losses

South Africa-based Nampak, maker of glass bottles, metal cans and a range of cardboard boxes for the beverage industry among others, said on Monday that full-year results ending 30th September 2016 was positive, with revenue rising 11% to R19.1bn ($1.4bn) and group trading profit up 4% to R1.9bn ($139m).

The performance was due to the turnaround at Glass, good trading in Nigeria and Zimbabwe, volume increases from new customers and benefits from operational improvements that resulted in improved efficiencies and cost savings. The group-wide comprehensive performance improvement plan is delivering good results,” said Nampak CEO, André de Ruyter.