Anheuser-Busch InBev has received the approval from South African regulatory authorities to start producing Guinness stout and Smirnoff ready-to-drink (RTDs) in South Africa.

The Competition Tribunal of South Africa announced last week that it has granted South African Breweries (SAB), the local unit of Anheuser-Busch InBev the approval to produce, distribute, market and sell Guinness stout and Smirnoff RTDs – Storm, Guarana, Spin, Pine Twist and Berry Twist in South Africa in exchange for royalty fees paid to Diageo Plc, owners of the brands. The financial details of the transaction were not disclosed.