Brewer Delta hikes prices after Zim govt rejects move to charge in US dollars

2019-01-07 13:55

Zimbabwe’s brewery giant, the Delta Corporation, has resorted to price hikes after its attempt to charge for its products solely in US dollars was rejected by the Zimbabwean authorities.

Delta in record beer sales, but AB InBev is thirsty for its dividend

2018-11-09 06:05

Zimbabwe’s beverages giant, Delta Corporation, made record sales of its lager beer volumes - but major shareholder AB InBev is yet to drink its share, as the southern African country is struggling to make foreign payments amid crippling foreign currency shortages.

SAB brews plans to sweeten AB InBev tie-up deal

2018-06-14 15:26

SAB briefed Parliament on its progress in meeting the conditions for its merger with global brewery giant AB InBev.

Heineken sees Brazil as temporary drag in AB InBev challenge

2018-02-12 10:35

Heineken wants to challenge leader Anheuser-Busch InBev in one of its key markets - and that’s going to cost the Dutch brewer some lost profit.

Zim unit owes AB InBev more than $40m amid foreign currency crisis

2017-07-31 15:01

Anheuser-Busch InBev is owed more than $40m in dividend payments from its Zimbabwean associate Delta Corporation, as the foreign currency crisis in that country worsens.

AB InBev earnings beat estimates on SABMiller takeover savings

2017-07-27 07:42

AB InBev has reported second-quarter profit growth that beat analysts’ estimates as it benefited from higher prices and cost savings after the acquisition of SABMiller.

REVEALED: The world's richest companies

2017-07-15 10:00

Only three JSE listed companies made it into the top 100 richest companies list, as Apple once again claimed top spot.

AB InBev to wait a bit longer for Zim dividend

2017-05-11 17:54

Zimbabwean delays in making foreign payments means Anheuser-Busch InBev will have to wait a bit longer before enjoying dividends from its Zimbabwean associate Delta Corporation.

Big beer is back as AB InBev, Carlsberg beat sales estimates

2017-05-05 18:38

Anheuser-Busch InBev, and Danish rival Carlsberg have reported revenue growth that beat estimates as demand for mainstream brands rose.

PIC takes control of stake in Distell

2017-04-12 16:33

Anheuser-Busch InBev has completed the sale of its entire indirect shareholding in Distell Group Limited to the Public Investment Corporation.


AB InBev joins pot industry with Tilray Beverage partnership

2018-12-21 06:30

Budweiser maker Anheuser-Busch InBev SA has joined the growing ranks of alcohol giants dipping their toes into the cannabis industry through a research partnership with Canadian pot firm Tilray.


2018-07-16 12:57

A new study that was conducted by BMC Medicine shows that one in ten deaths in Mzansi is caused by alcohol abuse – especially those in poor areas.

AB InBev seeks to expand investment into Africa

2018-03-05 07:37

AB InBev is ramping up investment in Africa after seeing a boom in demand for its beer on the continent following its takeover of SABMiller, Bloomberg reports.

AB InBev to sell Zambia unit to Zim associate Delta

2017-10-13 14:58

Anheuser-Busch InBev’s Zimbabwe based associate Delta Corporations, says it is in the process of finalising a transaction to acquire a controlling stake in the National Breweries of Zambia.

AB InBev proves cost cuts can boost profit

2017-07-27 20:45

Anheuser-Busch InBev has set a high bar for other consumer-product companies seeking to boost profitability through cost cuts as they try to keep activist investors at bay.

AB InBev to spend $310m in Africa

2017-07-23 07:05

Brewer is eyeing projects in Ghana, Zambia and Nigeria, and increasing output at its two biggest plants in SA.

How SABMiller turned constraints into global strengths

2017-06-19 07:34

The development trajectory of SABMiller peaked with the 2016 $104bn merger with Anheuser-Busch InBev. Behind it lies an extraordinary journey, writes Professor John Luiz.

AB InBev's Zim unit sales fall 10% amid cash shortage

2017-05-11 08:43

Delta Corp, Zimbabwe’s biggest company by market value, says full-year revenue fell 10% as consumers struggling for cash turned to cheaper brands of beer and sparkling wine.

AB InBev sees Africa as two-way street for boosting beer brands

2017-04-12 19:08

The world’s biggest brewer plans to sell packs of eight African beer brands outside the continent, including Castle, the dominant brand in South Africa, Kilimanjaro of Tanzania and Nigeria’s Hero.

PIC gets nod to purchase stake in Distell

2017-03-29 16:58

The Competition Tribunal has approved a transaction in which the Public Investment Corporation will purchase a share of Distell.

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