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AFRICAN MARKETS NEWS ON FASTMOVING

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Global brewers have a thirst for African profits

Global brewers have a thirst for African profits

26/02/2019 - 08:26
It’s a somewhat distant memory now, but in the early 2000s the company once known as SA Breweries (SAB) came off second best to global drinks group Diageo in a fight for control of the Kenyan beer market, in what was dubbed the "beer wars". read more
African prospects bright for SA’s retailers

African prospects bright for SA’s retailers

15/05/2018 - 10:03
South Africa’s retail sector is well-developed compared to the rest of the continent, and still has the edge over international competitors when it comes to expansion into Africa.  read more
R7 billion in sales shows increasing significance of spaza shops

R7 billion in sales shows increasing significance of spaza shops

10/05/2018 - 11:23
Spaza shops, with an estimated annual revenue of R7 billion, are a significant retail channel in South Africa, according to Euromonitor International’s senior research analyst, Christy Tawii. read more
Distell defies tough market to post revenue rise of 12%

Distell defies tough market to post revenue rise of 12%

22/08/2013 - 11:16
The Distell Group succeeded in raising revenue 11,9% to R15,9bn on a sales volume increase of 7,2% for the year to June 2013. This was despite exceptionally tough trading conditions, marked by a global slowdown in economic growth, contracted disposable income and reduced consumer spending in many of the regions where it markets its range of spirits, wines and ciders and RTDs. read more
Heineken aims to grow African market

Heineken aims to grow African market

14/05/2013 - 08:05
Johannesburg - A thirst for beer among Africa's middle classes is driving the world's biggest brewers to invest on the continent, but getting women to drink the beverage is another matter. read more
Luxury brands snub Africa

Luxury brands snub Africa

26/11/2012 - 07:32
Johannesburg - Africa has more millionaires than Russia, but for many wealthy Africans shopping for designer handbags or luxury watches still means travelling to New York or Europe. read more
SA farmers court Asian market

SA farmers court Asian market

26/06/2012 - 07:58
Johannesburg - South African maize and citrus farmers are setting their sights on Asia as they grapple with increasing competition in Africa and falling demand in Europe.  read more