Tag Archives: beverage

Krispy Kreme makes its debut in Nigeria

U.S.-based Food and Beverage firm Krispy Kreme has opened its first store in Nigeria at the Ikeja City Mall in Lagos, in what marks as the start of an expansion plan across the country.

The company said it has signed a development agreement with Quality Foods Africa (QFA) to open 20 Krispy Kreme stores across the country in the next five years.

Indonesian Food and Beverage exporters complain of high import tariffs in African and South American markets

Indonesian food and beverage producers to Africa and Latin America are raising concerns with their government about high import tariffs in these countries.

In a report published in the Jakarta Post on Tuesday, the chairman of the Indonesian Food and Beverage Association (GAPMMI), Adhi Lukman, said “these import tariffs ranged between 20% and 40%.

FG cuts import tariffs on 115 items including milk, tea

The Federal Government said on Wednesday it had approved the reduction of import duties on 115 items in various sectors of the economy as part of its effort to promote development in critical sectors of the economy.

The tariff reductions were approved by President Muhammadu Buhari as part of its fiscal policy measures of the Federal Government for the country.

The Minister of Finance, Mrs. Kemi Adeosun communicated the measures through a circular, which she said was in line with the provisions of the Economic Community of West African States Common External Tariff.

Interbrand’s Top global beverage brands for 2016

Interbrand, the world’s biggest and most influential brand consultancy has released its 2016 Top Best 100 brands report. The list is a mixed bag of brands from a diverse set of industries with Apple and Google topping the list.

There were 11 global beverage brands in the top 100, starting with Coca-Cola, 3; Pepsi Cola, 23; Budweiser, 30; Nescafe, 36; Jack Daniel’s, 85; Sprite, 86; Heineken, 87; Corona Extra, 93; Johnnie Walker, 95; Smirnoff, 96; Moet & Chandon Champagne, 97.

International best practices is our hallmark, says NBC

The Nigerian Bottling Company (NBC), bottlers of the Coca-Cola beverage brand in Nigeria said they adhere strictly to international standards in their manufacturing operations and safety at their plant.

Speaking at a media tour of their bottling plant in Agidingbi, a surburb of Lagos, which was meant to familiarize the media with their internal operational processes, the NBC Head, Public Affairs and Communications, Mr. Uzo Odenigbo said that the company exercises due care in the manufacturing and processing of their products in a way that makes it a surprise that consumers still find reasons never to complain about their products, the flagship of which is Coca-Cola and Fanta.