Daily Archives: August 23, 2016

SA’s beverage industry criticize government’s sugar-tax plan as deadline for public comments end

August 23, 2016   Editor   No comments

Industry groups opposed to South Africa’s Treasury plan to tax Sugar-Sweetened Beverages (SSBs) made their concerns heard on Monday which was the last day for the public to submit comments on the proposed tax.

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UK Court Okays SABMiller’s split vote plan

August 23, 2016   Editor   No comments

A UK court on Tuesday endorsed SABMiller’s plan to treat its two biggest shareholders – Altria, the US tobacco firm and BevCo, the investment arm of the Santo Domingo family as separate class of shareholders.

SABMiller’s shareholders will get a separate vote on the brewer’s £79bn takeover by its bigger rival, Anheuser-Busch InBev, the UK court said.

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