Daily Archives: July 28, 2015

Diageo and Heineken part ways in South African, Namibian Joint Venture

Diageo and Heineken N.V have agreed to go their own separate ways in a joint venture they formed in 2004 in South Africa and Namibia three years earlier than planned. The joint venture was originally formed to counter the dominance of SABMiller Plc, which controls over 90 percent of the South African beer market.