Daily Archives: July 26, 2019

Wines of South Africa marks Nelson Mandela Day at Annual Grand Tasting

Wines of South Africa (WOSA) held its seventh Wine Grand Tasting event in Lagos recently.

The annual event which brings together producers of wines from South Africa with lovers or wines, entrepreneurs, distributors, and other tradesmen together to network also celebrates Nelson Mandela Day.

The year’s event began with South African Introductory Wine Course, which is meant to teach people in the hospitality and tourism industry to better understand wines.

Ezekwesili rails against CBN planned FX restriction on milk imports

Former Education Minister and Vice-President of the World Bank’s Africa division, Oby Ezekwesili has come out against the new Central Bank’s planned policy to restrict foreign exchange to milk importers as a way to boost local production.

Ezekwesili, in a series of tweets from her official twitter handle, described the new CBN plan as policies borne out of vindictiveness.

Diageo full year results boosted by broad-based sales growth across all regions

Diageo Plc, on Thursday, reported on its full-year results for the 2018/2019 financial year ending on 30th June 2019. The spirits maker said it recorded broad-based growth across all regions with sales growing by 5.8% to £12.9bn from £12.2bn in the previous year. The growth was driven by improved price/mix,  new product innovations and productivity benefits from everyday cost efficiencies.