Prices of soft drinks rise amid FX woes, inflationary pressure

Prices of soft drinks are on the rise as the industry continues to grapple with the fallout from macroeconomic headwinds induced by the drop in oil price. Nigerian Bottling Company (NBC), the More »

How brewers are selling beer with folklore

As Nigeria’s recession deepens and consumers pockets are squeezed, majority of those still drinking have shifted their beer preferences to value or low cost brands. Nigerian Breweries Plc, the country’s leading brewer More »

Category Archives: Fruit Juices

Viju extends line into Yoghurt drinks

Viju Industries Nigeria Limited, makers of dairy-based fruit drinks which come in different flavours announced it was adding yoghurt drinks to its product line.

The Chinese dairy company which entered the Nigerian market in 2004 makes dairy-based fruit drinks derived from milk powder, sugar and fruit juice. Its sales have grown over the years and it now wants to add fast growing yoghurt segment to its product line.

NAFDAC to prosecute supermarkets selling imported fruit juices in 2017, says Oni

The Acting Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC), Mrs. Yetunde Oni, has thrown down the gauntlet, stating that the agency will begin to prosecute supermarkets and stores found selling imported fruit juices as well as importers of the said product come January 2017.

Aggressive marketing, Cost improvements help Suntory Food & Beverage lift sales

Suntory Holdings, the group company that owns Suntory Food and Beverage Limited, said that group revenue fell 0.23% to ¥1.97 trillion yen (approx. $18.7bn) in the first nine months of 2016. However, operating income rose 14.1% to ¥149bn yen ($1.4bn).

Suntory Food and Beverage segment boosted sales 4.4% to ¥1.06 trillion yen ($10bn) in the nine months to September, helped by a strengthening of its brands, creation of new demand for its products, bolstering profitability by reforming its cost structure and improving product quality based on insights from other group companies.

Dansa Foods embarks on lay-offs, suspends juice production as recession takes its toll

Dansa Foods, a unit of Dangote Industries Plc, one of Nigeria’s largest conglomerates and private employer is reported to have sacked half of its workforce amid dwindling sales, tight liquidity and high cost of production attributed to the high foreign exchange costs in the country.

WHO backs controversial sugar tax on sweetened beverages to stem obesity

The World Health Organisation (WHO) said on Tuesday it would support a 20% to 50% tax on sugary drinks by governments as a solution to the global rise in obesity and type-2 diabetes.

The UN agency said the recommended tax should not only be limited to soda but all sugar-sweetened beverages such as sports drinks, energy drinks, fruit punch, sweetened iced tea, vitamin waters and lemonade.

GSK Consumer Nigeria completes sale of drinks business to Suntory

GlaxoSmithKline Consumer Nigeria Plc (“GSK Consumer Nigeria Plc”) announced on Friday, 30 September that it had completed the divestment of its drinks business including bottling and distribution to Suntory Beverage & Food Nigeria Limited.

The transaction was originally expected to close on 31 August 2016, but GSK requested for additional time to enable both parties to comply with the terms of the Asset Purchase Agreement entered into on 31st March 2016.

South Africa’s Clover Industries to launch low-sugar Tropika

South Africa’s largest dairy fruit juice maker, Clover Industries said on Tuesday it would soon introduce Tropika Slender, a low-sugar and low-calorie variant of its bestselling beverage, Tropika, as it seeks to protect its market against a government sponsored sugar-tax that is to come into effect in April 2017. Clover has about 80% market share of South Africa’s dairy fruit juice sector.

Sugar tax threatens thousands of jobs, says South African beverage industry

South African beverage industry has come out to oppose the proposed sugar-tax on sweetened beverages in the country, which the government announced earlier in the year and that is expected to come into effect on April 1, 2017. The group said the tax will lead to thousands of industry-wide job loss if implemented.

South Africa mulls sugar tax on sweetened drinks; Makes details of proposal available for public comments

The South African Treasury made public on Friday details of a proposal to apply a 20% tax on sugary drinks to stem the tide of obesity and its effects on the population such as diabetes, high blood pressure, stroke and others.

According to Treasury data, 55% of South Africans (42% women and 13% men) are overweight.

GSK Nigeria agrees to sell beverage unit to Suntory

GlaxoSmithKline Consumer Nigeria Plc (“GSK Nigeria”) said on Wednesday, it has accepted and is recommending to its shareholders, a binding offer from Suntory Beverage & Food Nigeria Ltd, a subsidiary of Suntory Beverage and Food Limited (“SBF”) of Japan, for the sale of its beverage unit, which includes bottling and distribution of Ribena, Lucozade and part of its Agbara plant.