Monthly Archives: February 2018

Heineken opens new greenfield brewery in Mexico

Dutch brewer Heineken N.V. announced on Wednesday the opening of a new brewery in Mexico. Located in Meoqui, Chihuahua State, it will be the company’s seventh brewery in the country.

At a cost of $500 million, the plant is said to be the biggest greenfield brewery in Heineken’s history, with a production capacity of 6 million hectoliters per year and will produce leading brands such as Tecate, Dos Equis and the Heineken brand for the Mexican market and for export.

Diageo to launch ‘Jane Walker’ Scotch in a move to widen appeal

Johnnie Walker, the famous Scotch whisky known by its top-hatted striding-man logo will be launching a female iteration of the iconic logo in the U.S. in March, named “Jane Walker.”

According to the brand’s owner, London-based Diageo, the idea is to appeal to more women and acknowledge a broader effort towards gender equality.

“Scotch as a category is seen as particularly intimidating by women,” said Stephanie Jacoby, vice president of Johnnie Walker.

Coca-Cola to cut jobs in Atlanta

Beverage giant Coca-Cola announced on Monday that it will be reducing its head count by about 350 personnel over the next few months, most of which will come from its Atlanta, Georgia United States headquarters.

The company is making the cuts from its North American business unit, which has about 8,000 employees overall, as part of ongoing changes in the shape of the business, according to Kent Landers, company spokesman.

Distell’s half-year sales rise 9.1%

South African wine, spirits and cider maker Distell Group, on Friday reported a 9.1% revenue growth for the first six months of its financial year ending on 31 December 2017. Sales rose to R13.4bn rand ($1.15bn) from R12.3bn in 2016, driven by a 3.6% volume increase (403 million litres).

Labour Decries Expatriate Quota Abuse

Organised Labour has denounced the federal government’s failings to stop expatriate quota abuse by multinationals.

While speaking at the inauguration of the National Union of Food, Beverage and Tobacco Employees (NUFBTE) newly built Kwara-Kogi-Niger Branch Union Secretariat in Ilorin, President of NUFBTE, Lateef Oyelekan, said that the government’s failure to act decisively has compounded unemployment in the country.

“Our government should take this issue of expatriate quota abuse seriously and take a decision that will be beneficial to the country just as the government of Ghana has done,” he said.

Coca-Cola announces six winners of “Sweet Story Challenge”

The Coca-Cola Co has announced the six winners of the “Sweet Story Challenge” that it launched last August, which invites people from around the world to “submit written anecdotes and videos about their favourite, tried-and-true-methods of naturally sweetening foods or beverages in their cultures, communities or families.”

According to the company, each winner will get $20,000 grand prize for their submission of personal stories that shaped new sweetener ideas. The winning submissions were selected by a panel of judges based on the novelty of the ideas and the quality of the contestant stories.

Food & Beverage Union urges government to review tariff increase on alcohol and tobacco

The Food, Beverage and Tobacco Senior Staff Association (FOBTOB) has asked the Federal Government to re-evaluate the advice to increase tariff on alcohol and tobacco to protect job losses.

Speaking to the media, the General Secretary of FOBTOB, Mr. Iji Solomon made the call to the government.

Dolait Yoghurt formally unveiled to the Nigerian market

Dolait Yoghurt, a brand well known to citizens of neigbouring West African countries such as Cameroun, Benin Republic and others has formally been introduced to the Nigerian market.

The General Manager of Sotibe Nigeria Limited, the company behind Dolait, Mr. Monah Chalabi said, that the brand is a natural and heathy yoghurt drink which had consistently served other African countries for years without compromising quality.

Coca-Cola full year results hurt by refranchising costs, tax charge

Leading beverage maker Coca-Cola said that full year net revenues for 2017 declined 15% to $35.4bn and by 20% in the fourth quarter alone to $7.5bn from $9.4bn in the previous year.

The soda giant blamed the revenue decline on “structural headwinds” related to costs associated with the ongoing refranchising of its North American bottling operations which is now complete.

Coca-Cola HBC full year results lifted by volume growth in developing, emerging markets

Coca-Cola HBC, the parent company of the Nigerian Bottling Company (NBC) reported its full year results for 2017 on Wednesday, with the soft drinks giant posting a 24% increase in profit to €426 million. Revenue grew 4.9% in the period to €6.5bn from €6.2bn in 2016.