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: Soft drinks

‘There is no fake Pepsi in circulation’ – Seven-Up Bottling Co.

Seven-Up Bottling Company, the bottlers of Pepsi-Cola in Nigeria has denied there is a fake Pepsi in the market.

The manufacturer which also bottles Mirinda and Mountain Dew soft drinks among others explained that the Pepsi-Cola in white caps which is what has been the source of concern to consumers is genuine and the same with the Pepsi packaged in blue caps.

Speaking further, the firm revealed that economic hardship in the country compelled it to switch to white caps when the cap suppliers could not get imported materials to make blue caps. The white caps are used as a temporary measure until the manufacturer can supply the blue caps.

Coca-Cola introduces its first alcoholic drinks in Japan

Coca-Cola for the first time has deviated from its popular soda drinks to launch a lemon flavoured alcopop, a spirits-based beverage that is mixed with fruit juices in Japan.

The beverage giant announced in March it would start making the drinks in Japan as it tries to tap into new markets and consumers.

Entries for 2018 Edition of Maltina Teacher of the Year Award opens

Maltina, a non-alcoholic malt drink from the portfolio of Nigerian Breweries Plc has flagged-off entries for the 2018 edition of Maltina Teacher of the Year Award.

The beverage brand has encouraged qualified teachers from both public and private schools across the country to apply for the most coveted award for teachers.

Employers Union decries high cost of doing business

Food, Beverage and Tobacco Employers (AFBTE) Union have lamented the rising cost of doing business in Nigeria.

The group said that the last one year had been toxic, pointing out that although Nigeria has emerged from a 15-month recession, the economy was still fragile.

Vimto soft drinks now in 35 African countries – Nichols

British soft drinks maker Nichols plc announced it has launched its Vimto soft drinks in Benin Republic, Ivory Coast, Equatorial Guinea, Mauritania and Uganda, expanding its presence in Africa to 35 countries.

The company which had $43.6m in overseas sales in its latest results said it has made two new appointments to support its international business as year-on-year growth hit 20.3%.

Nichols said it has been particularly buoyed by sales in Africa which grew 21.2% in 2016.

The Vimto brand which was first exported to Africa in the 1920s and ’30s has grown popular in some African markets and is now been bottled locally under licenses in 29 countries including Nigeria, South Africa, Cameroun, Egypt, Mali and Senegal.

Coca-Cola to increase investment in Zimbabwe by $65 million

The Coca-Cola Company (TCCC) has pledged to increase its investment in Zimbabwe by US$65 million over the next three years as the Southern African country seeks to attract foreign investment following years of Western sanctions and the recent change in leadership.

The Managing Director, Coca-Cola East and Central Africa, Mr Ahmed Rady met with President Mnangagwa and Vice President Constatino Chiwenga separately on Thursday to discuss its plans and future investments in the country.

Lucozade unveils ‘Lucozade Under-the-Cap Airtime National Promotion’

In line with its commitment to reward and appreciate loyal consumers, Suntory Beverage and Food Nigeria Limited (SBFN), makers of Lucozade, has set aside ₦200million worth of Instant Airtime to reward consumers in the 3rd edition of its “Lucozade Under-the-Cap Airtime National Promotion”.

At the media launch of the promotion in Lagos, the Managing Director, SBFN, Mr. Chinedum Okereke, announced the kick-off of the 2018 Lucozade Airtime promotion during his opening address. “We are proud to announce the return of the successful Lucozade Airtime Promotion for the third time since its launch in 2016. The promotion is an avenue for us to attain nationwide reach as far as rewarding our consumers is concerned, and the modality of the promotion gives us a great opportunity to target millions of consumers.”

CCBA adds new $70m juice line at Kenyan facility

Coca-Cola Beverages Africa (CCBA) has opened a new Sh 7 billion Kenyan shillings ($70 million) bottling line at its Nairobi Bottlers operation in Embakasi, Nairobi, Kenya.

The line which has a production capacity of 28,000 bottles per hour will be used to process fresh juices, iced teas and sports drinks. Also, the line is said to have created 24 additional jobs at the plant so far.

Former VC sues Nigerian Breweries over deception claims

A former Vice-Chancellor at the Benson Idahosa University (BIU), Prof. Ernest Izevbigie, has filed a lawsuit against Nigerian Breweries plc at a High Court in Benin City for alleged deception.

Mr Izevbigie, a professor of Biochemistry, has accused the company of allegedly inscribing misleading information, “low sugar,” on the can of one of its non-alcoholic beverages, Amstel Malta.

Izevbigie alleged in his suit that a laboratory test result revealed that the product contained more sugar than the company claimed in the inscription on the brand.

Coca-Cola HBC Q1 sales hit by emerging markets currency headwinds

Coca-Cola HBC said on Friday that first quarter net sales revenue fell by 1.7% to €1.35bn, impacted by a 6.2% adverse currency translation, mainly from the depreciation of the Nigerian Naira and the Russian Rouble.

The soft drinks giant, which operates in 28 mostly European countries and Nigeria and groups its businesses into three market segments suffered a big decline in its emerging markets segments, where net sales revenue fell by 8.4% to €576.1m from €628.9m in the prior year. The decline was blamed on currency depreciation of the Nigerian Naira and the Russian Rouble, two of its biggest markets. The company notes that volumes fell by 10% in Nigeria due to tough comparative in both volume and price compared to the prior year quarter as well as availability issues in certain packs. It notes that the Nigerian economy continues to recover, but the consumer remains under pressure due to high unemployment and inflation.