Daily Archives: August 20, 2016

Champion Breweries appoints Patrick Ejidoh as new Managing Director

August 20, 2016   Editor   1 Comment

Champion Breweries Plc, the Uyo, Akwa Ibom based brewer has appointed Patrick Ejidoh as its new Managing Director.

Mr. Ejidor takes over from Sharm Ganesh Kulkarm, who is retiring after 28 years in Nigeria, four of which was spent as Managing Director of Champion Breweries. Ejidoh holds a Masters of Business Administration (MBA) and had been the Public Affairs Manager, East for Nigerian Breweries Plc up until his recent appointment.

At a ceremony organized by the company in Uyo, Ejidoh promised to maintain the company’s profitability in managing the brewery while ensuring the optimal welfare of the employees.

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South African Coke bottler may backtrack on merger pledge if government goes ahead with sugar-tax plan

August 20, 2016   Editor   No comments

Coca-Cola Beverages Africa (CCBA), the South African group bottler of Coca-Cola products, said on Thursday it may not fulfill its commitment to invest R800 million rand ($54m) in enterprise development if the government goes ahead with its plans for a 20% tax on sugar-sweetened beverages (SSB).

CCBA , which was created out of a merger of SABMiller’s soft drinks business, the Coca-Cola company’s South African operations and Coca-Cola SABCO warned that the proposed tax would make it difficult for the group to meet its merger obligations as it would cause financial strain in an industry where fixed costs were already high.

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