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Beverages: Alcoholic & Non-Alcoholic

AB InBev takes $2.5bn write-down in South Africa, as Covid-19 impacts Q2 2020

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AB InBev's performance in the second quarter was materially impacted by the COVID-19 pandemic, as expected. As the quarter progressed, however, the brewer saw...

Johnnie Walker celebrates 200th anniversary with four exclusive releases (Photos)

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The launch marks 200 years since John Walker first threw open the doors to a small grocery store in Scotland First crafted in a humble...

Heineken launches “Back to the Bars” campaign cheering the HoReCa industry

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New Heineken® TV commercial gives a fresh perspective on social distancing in bars around the world Heineken® has launched a new through the line campaign...

H1 2020: Heineken discloses preliminary highlights, sets for loss as it cuts value of...

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Heineken N.V. recently issued the following statement. In the first half of 2020, HEINEKEN’s markets and businesses were significantly impacted by the COVID-19 pandemic, with...

Q2 2020: Coca-Cola revenue falls 28% but sees improving demand

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The Coca-Cola Company today reported second-quarter 2020 results and provided an update on strategic actions that are positioning the system to emerge stronger from...

Coca-Cola reveals a touch-free Freestyle machine

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On Monday, Coca-Cola announced that it is rolling out an update to its Freestyle machine that allows customers to choose and pour drinks via...

PepsiCo snack sales continue to rise; while beverages fall in Q2 2020

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PepsiCo’s net sales fell by 3.1% during the second quarter. Excluding items, the company earned $1.32 per share. Pepsi reported falling organic sales...

Diageo to unveil Johnnie Walker whisky in paper bottles in 2021

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Diageo has created the world’s first-ever 100% plastic-free paper-based spirits bottle, made entirely from sustainably sourced wood. The bottle will debut with Johnnie Walker,...

Kachi Onubogu promised a balanced representation in the NIMN council

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The Chief Executive Officer of Frutta Juice and Services, Dr Onyekachi Onubogu, has pledged to serve as a bridge between the Town and Gown,...

Guinness Nigeria PLC warns investors of 2020 financial results

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Guinness Nigeria Plc has informed the public about the material circumstances that will impact its full-year financial results for 2020. This is Following the...

Social Distancing: Photos From Nigerian Breweries Plc Annual General Meeting

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Shareholders of Nigeria’s foremost brewer – Nigerian Breweries Plc, have approved a total dividend of N16.1 billion for the year ended December 31, 2020....

FrieslandCampina WAMCO reports a 8.5% increase in 2019 turnover

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Nigeria’s leading dairy processor, FrieslandCampina WAMCO, has announced a turnover of N161.83 billion (US$417.6m) for the financial year ended Dec. 31, 2019. This was made...