Tag Archives: Coca-Cola Beverages Africa

CCBA to acquire stakes in Kenya’s Coca-Cola franchises

Coca-Cola Beverages Africa (CCBA) is set to acquire stakes in two of Kenya’s Coca-Cola franchises. Centum Investments, a quasi-Kenya Government agency announced on Wednesday it has agreed to sell its 53.9% and 27.6% stakes held in Almasi Beverages Limited and Nairobi Bottlers Limited to Coca-Cola Sabco East Africa, the South African co-owner of CCBA at a cost of 19.5bn Kenyan shillings ($192.5m).

CCBA appoints new MD for Kenya, Mayotte and Comoros

Coca-Cola Beverages Africa (CCBA) in Kenya has announced the appointment of Xavier Selga as its new Managing Director for Kenya, Mayotte and Comoros, effective 1 May 2019.

Xavier takes over from Daryl Wilson who has been appointed to head operations in Ethiopia as the Managing Director for CCBA in Ethiopia.

Coca-Cola to hold onto majority stake in CCBA as talks hit an impasse

The Coca-Cola Company announced on Monday it would retain its majority stake in South African-based Coca-Cola Beverages Africa (CCBA) as talks to find a bottling partner(s) could not be reached.

The soft drinks giant had wanted to refranchise the bottling unit as part of its global plan to unload its capital intensive manufacturing and distribution operations to focus on its main beverage business and improve margins.

CCBA acquires Zambian producer of fermented maize beverage, the latest in its consolidation journey

Coca-Cola Beverages Africa (CCBA), South Africa-based Coke bottler said it has obtained the necessary regulatory approval to acquire the assets of Fairy Bottling Zambia Limited, a maker of Super Maheu (fermented maize beverage), Aqua Savana and other soft drinks trademarks.

Coca-Cola Beverages Africa appoints new CEO

Coca-Cola Beverages Africa (CCBA), the continent’s largest Coke bottler which spans over a dozen countries announced on Monday the appointment of Mr Jacques Vermeulen, a 23-year veteran of the soda giant as its new CEO, effective 1 December, 2018.

Coca-Cola to sell alcohol spirits in Kenya

Crown Beverages Limited, a subsidiary of Coca-Cola Beverages Africa (CCBA), the continental Coke bottler based in South Africa but with footprints in over a dozen African countries including Kenya announced it has signed a deal with Italy-based Gruppo Campari to distribute premium spirits brands in Kenya , heightening up competition in that market.

Coca-Cola to increase investment in Zimbabwe by $65 million

The Coca-Cola Company (TCCC) has pledged to increase its investment in Zimbabwe by US$65 million over the next three years as the Southern African country seeks to attract foreign investment following years of Western sanctions and the recent change in leadership.

The Managing Director, Coca-Cola East and Central Africa, Mr Ahmed Rady met with President Mnangagwa and Vice President Constatino Chiwenga separately on Thursday to discuss its plans and future investments in the country.

CCBA adds new $70m juice line at Kenyan facility

Coca-Cola Beverages Africa (CCBA) has opened a new Sh 7 billion Kenyan shillings ($70 million) bottling line at its Nairobi Bottlers operation in Embakasi, Nairobi, Kenya.

The line which has a production capacity of 28,000 bottles per hour will be used to process fresh juices, iced teas and sports drinks. Also, the line is said to have created 24 additional jobs at the plant so far.

CCBA gets new home in Port Elizabeth, South Africa

Coca-Cola Beverages Africa (CCBA), the continental beverage company based in Johannesburg, South Africa has relocated to a new headquarter in Port Elizabeth, South Africa.

According to a statement from the company, the facility will house the largest Coca-Cola bottler in Africa, accounting for around 40% of all coke volumes on the continent.

Coke Employees in South Africa go on Strike

Employees of the South African unit of Coca-Cola Beverages Africa (CCBA) have gone on a protected strike for the past two weeks as they press home their unconditional demands for a 7% pay increase and better working conditions.

The industrial action which began on 12 October affects the company’s operations in the Eastern Cape, Free State, Northern Cape, Limpopo and Mpumalanga provinces.

The workers on strike are former employees of Coca Cola Fortune, which together with other entities, merged to form Coca Cola Beverages South Africa in May 2016.