Ethiopia’s Trade Competition & Consumers Protection Authority has denounced the country’s brewers for over-pricing their products following the Birr devaluation. This was reported on 7 November 2017. The price of beer in rural areas started to increase after the Birr was devaluated 15 percent in early October 2017 to boost exports (eg coffee, oil seeds and flowers).
AB-InBev seems to have big plans for Africa as it will invest between USD 150 million and USD 200 million in two new production lines in South Africa this year.
Paranoia or what? US craft brewers are complaining that AB-InBev is keeping them away from purchasing coveted South African hops.
Nothing new under the African sun, really. Like SABMiller before, AB-InBev hopes to drive African sales with cheaper beer to lure more drinkers to commercial beer, AB-InBev’s Africa head Ricardo Tadeu said on 13 April 2017.
It was probably only a matter of time before Stellenbrau would succumb to a sweet offer from Heineken. At the end of March 2017 it was reported that Heineken’s South African unit and Stellenbrau had clinched a deal. No transaction details were disclosed.
Following its takeover of SABMiller, AB-InBev has embarked on its ambitious cost-cutting programme. One of its more public measures is offering managers at South African Breweries (SAB) voluntary severance packages.
The business must be solid if a pension fund buys into it. In June 2016 the South African Competition Commission would only approve AB-InBev’s acquisition of SABMiller if AB-InBev sold SABMiller’s 26 percent stake in local wine and drinks group Distell, the manufacturer of the Savannah cider brand.
How to break into Castel’s moat? Well, you undercut its prices. This seems to be Heineken’s strategy in Ivory Coast, where the Dutch brewer opened its first brewery near the capital of Abidjan in November 2016.
Who was the practical joker who uploaded this video on Youtube on 6 October 2016 – the day SABMiller was taken off the stock exchange following its takeover by AB-InBev?
As could be expected, The Coca-Cola Company said on 10 October 2016 that it plans to buy AB-InBev’s stake in Coke's largest African bottler. Coke exercised its right to acquire the bottler under a change-of-control clause.