Tag Archives: Kenya

Coca-Cola in Kenya looking to sell 10 year old facility

Coca-Cola based in Nairobi, Kenya is seeking a buyer or renter for its Nairobi Upperhill facility at a cost of Sh1.03 billion Kenyan shillings.

The four acres facility which was built in 2008 for Sh700 million ($10 million) acts as Coca-Cola headquarters in East and Central Africa which oversees operations in 14 African countries.

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.

Kenyan Coke bottler seeks to toss court ruling on nutritional labeling information

Coca-Cola bottler in Kenya is contesting a High Court order to place labels with nutritional information on its soft drinks in glass bottles.

Nairobi Bottlers, Kenya’s largest Coke bottler faulted the ruling of the late Justice Onguto earlier this year, saying he had overstepped his mandate as it was equivalent to legislating on the matter.

Heineken launches Premium beer Amstel into the Kenyan Market

Heineken East Africa on Wednesday introduced Amstel beer into the Kenyan market.

Speaking at the event to unveil the brand in Nairobi, Heineken East Africa General Manager, Uche Unigwe said, “The introduction of Amstel was informed by the growing demand by Kenyans for a different brand of quality beer in the market.

Coca-Cola to spend $90m in Kenya to broaden product offerings

The Coca-Cola Company (TCCC) plans to invest up to $90-million in Kenya over the three years through 2018 to increase its product offerings in the region’s biggest economy, the soft drinks maker said on Tuesday.

Coca-Cola, which is the leader in the Kenyan soda market with brands like Coke and Fanta, has committed to invest $17-billion in Africa as a whole since 2014, double what was invested in the continent a decade before, the company said.

CCBA buys Kenya’s third largest Coke bottler

Coca-Cola Beverages Africa (CCBA), the South African-based Coke bottler announced on Thursday it has acquired Equator Bottlers Limited, Kenya’s third largest Coke bottler for an undisclosed amount.

According to media reports, Kenya’s regulators (Competition Authority of Kenya) gave their blessing to the deal last Friday.

Abraaj Group to acquire Kenya’s Java House Coffee Chain

Dubai-based Abraaj Group, an emerging markets equity firm with extensive investments in Africa has agreed to acquire Java House, a coffee chain based in Nairobi, Kenya.

Java House Group was established in 1999 by Mr. Kevin Ashley who later sold 90% stake to Emerging Capital Partners (ECP) in 2012 as he sought to raise additional capital to expand. The chain has since grown from 13 outlets in Nairobi to 60 outlets in 10 cities in Kenya, Uganda and Rwanda.

Diageo’s Africa President John O’Keeffe sheds light on the group’s activities in Africa and outlook

Diageo Plc, the world’s largest spirits maker with big footprints in Africa in both beer and spirits segment said recently it has a strong positive outlook for its business on the continent. The group’s Africa president John O’Keeffe last week spoke with analysts on a wide range of issues pertaining to the group’s activities and strategy on the continent.

SABMiller’s Kenyan unit fined for price fixing

beer

Crown Beverages, a Kenyan unit of SABMiller was fined an “administrative penalty” of Sh2.4m Kenyan shillings ($23,700) for engaging in restrictive trade practices by setting minimum price rules for its distributors.

This follows an investigation by The Competition Authority of Kenya (CAK), which found two clauses in Crown Beverages distributor contracts that set price floors for distributors who sell its products.

Remy Contreau’s CEO bullish on Africa’s potential

Remy Cointreau’s CEO, Valerie Chapoulaud-Floquet, said on Thursday Africa’s contribution to the spirit maker’s revenue continues to grow and will soon be equal to 15% of Europe’s sales, up from less than 10% in the previous fiscal year.

Commenting on the firm’s full-year financial results, which saw the French spirits maker post an impressive 10.6% rise in profits, Ms. Chapoulaud-Floquet, said that Africa is like Asia 25 years ago, forecasting that the continent’s sales contribution to the firm will accelerate in the coming years.