Tag Archives: Diageo

Diageo to go green in Africa

Diageo Plc said on Monday it will spend £180m ($220m) in green energy and water recovery solutions at 11 of its African breweries. The initiative represents the company’s largest environmental investment in over a decade.

The company said it will switch to renewable energy at three brewery sites in Kenya and Uganda. New biomass boilers will be installed to replace systems that use heavy fuel oil. The boilers will use sustainable fuel alternatives such as wood chip, bamboo, and rice husks to create steam power for the breweries, reducing carbon emissions by 42,000 tonnes.

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.

Diageo and AB InBev near RTD licensing deal in South Africa as Competition Commission stamp their approval

South Africa’s Competition Commission on Friday gave its green light for a partnership deal between AB InBev and Diageo in South Africa.

South African Breweries (SAB), the local unit of Anheuser-Busch InBev will get the franchise rights to manufacture, market and distribute Diageo’s Smirnoff ready-to-drink (RTD) brands in South Africa. The licensing deal includes Smirnoff Storm, Guarana, Spin Cooler, Pine Twist, and Berry Twist but excluding Smirnoff vodka. SAB will also produce Guinness products but excluding Guinness Foreign Extra Stout and Guinness Malta brands, which would still be imported from Ireland.

“We launched Guinness Gold because we’ve seen Premium tip back into growth” – Diageo

Diageo Plc has said it introduced Guinness Gold in the Nigerian premium beer segment because the category was returning to growth.

While commenting on the group’s activities in Africa at the recently concluded Diageo – Capital Markets Day in New York, John O’Keeffe, Diageo’s Africa President, said: “I think our decision to launch Guinness Gold is because, even though Value beer is still growing because of that consumer distress in Nigeria, we’ve actually seen Premium tip back into growth, which is very encouraging for us, because we haven’t seen that in a while in Nigeria”.

Diageo rolls out global parental leave revamp

British-based drinks maker Diageo Plc on Thursday unveiled its new global parental leave, offering several regional businesses at a minimum 26-weeks fully paid leave to both parents.

The parent company of Guinness Nigeria is offering all female employees in all markets at least 26 weeks of fully paid maternity leave, and has committed to offering four weeks of fully paid paternity leave worldwide.

Guinness Nigeria educates consumers on responsible drinking through platform, DRINKiQ

Guinness Nigeria Plc, part of Diageo Plc, a reputable global drinks company, has launched on ongoing campaign on excessive alcohol consumption through its platform, DRINKiQ.

The global consumer campaign, which kicked-off in London and now reaching several consumer markets including Nigeria, aims to highlight the different factors – such as age and gender – that affect how the body processes alcohol.

Diageo’s DRINKiQ enables alcohol consumers discover how responsible drinking can be a part of a balanced lifestyle; in this vein it educates and empowers them to make positive changes for their wellbeing.

Multinational firms band together to tackle plastic waste in Sub-Saharan Africa

A group of multinational firms with operations in Africa have come together to launch the Africa Plastics Recycling Alliance in a bid to reduce the problem of plastic waste across the continent.

The companies – Diageo, Unilever, The Coca Cola Company, Nestlé and Promasidor unveiled the alliance at the CEO Africa Forum in Kigali, Rwanda.

Diageo half-year sales boosted by strong demand in Asia, U.S.

Diageo Plc, on Thursday reported a 6% sales growth for the first-six months of its financial year ending on 31st December 2018.

The British drinks maker behind such brands as Johnny Walker Scotch whisky and Guinness Stout said that revenue rose to £6.9bn ($9.07bn) compared to £6.5bn in the previous year, driven by stronger demand from China, India and the U.S.

Diageo appoints Gabriel Opoku-Asare as new Head of Society, Africa

Drinks giant Diageo Plc has appointed Gabriel Opoku-Asare, as Head of Society (Sustainability and Responsibility) – Africa Region effective February 1, 2019.

Gabriel was the Corporate Relations Director at Guinness Ghana Breweries Plc (GGBPLC), a subsidiary of Diageo prior to his new appointment.

Diageo sells United National Breweries to Delta Corp

Diageo Plc announced on Thursday it has entered into an agreement for the sale of United National Breweries (UNB), a maker of sorghum-based traditional African beer called Chibuku in South Africa to Delta Corp of Zimbabwe.

The British-based alcoholic beverage firm said that the transaction is subject to regulatory approval and expected to close in the second-half of 2019.

Delta Corp, Zimbabwe’s largest company and a subsidiary of Anheuser-Busch InBev is a leader in sorghum-based beer with its own brand of Chibuku. The purchase by Delta would be its second outside of Zimbabwe. It acquired Zambia’s National Breweries Plc, also a brewer of Sorghum-based Chibuku Shake-Shake in January, making it the largest producer of such brand of beer.