LIQUOR NEWS NEWS ON FASTMOVING

Windhoek - The world’s second biggest brewer, SABMiller [JSE:SAB], plans to start construction of a new brewery in northern Namibia soon. The plant will cost close to R234m. read more

London - Brewer SABMiller suffered a backlash from investors when 16% of shareholders voting at the company's annual shareholder meeting opposed last year's pay awards to directors. read more

London - Brewer SABMiller reported a rise in first-quarter beer volumes led on continued growth in emerging markets, but kept the market guessing if it will sweeten its bid for Australia's Fosters. read more

Johannesburg - KWV CEO Thys Loubser has resigned with immediate effect, its majority owner Hosken Consolidated Investments, said on Friday.  read more

SABMiller’s A$9.5 billion (R68.4bn) takeover offer for Foster's Group would benefit both companies' earnings and help them cut costs if a deal was completed, Moody's Investors Service said yesterday. read more

London - Investec Securities recommended buying shares in SABMiller [JSE:SAB] on Tuesday as it became one of the first brokers to see the positive in its bid for Australian beermaker Foster’s Group. read more

The South African Breweries Limited's (SAB) progressive efforts to conserve water have been acknowledged for a second consecutive year during the annual Mail and Guardian Greening the Future Awards, held in Hyde Park, Johannesburg, yesterday.  read more

Foster’s Group on Tuesday rejected a non-binding, conditional proposal from the world’s second-largest brewer, SABMiller . read more

JOHANNESBURG - The SABMiller share price dropped R8.40 or 3.5% to R234.70 hours after the board of Foster’s, the iconic Australian brewer, rejected SABMiller’s A$11.2bn bid. read more

The winners of the 2011 brandhouse Responsible Drinking Media Awards were announced at a cocktail reception ceremony at the Radisson Blu Gautrain Hotel in Sandton, Johannesburg on Wednesday (1 June) evening. read more

Johannesburg - SABMiller on Monday announced that its subsidiary SABMiller Africa has agreed to sell its 20% shareholding in Kenya Breweries to East African Breweries for about $225m in cash. read more

SOUTH African Breweries (SAB), the local unit of SABMiller , has expressed concern about comments by Gauteng economic development MEC Qedani Mahlangu on the sale of liquor to unlicensed outlets, saying it does not sell liquor to people who do not have licences, as she claimed in a press briefing on Tuesday. read more

New Government backing for South African wine tourism, Cape Town’s selection as the top city in the Travelers’ Choice Destination by the world’s largest travel site, TripAdvisor, and the inclusion of three Cape restaurants on the 2011 S.Pellegrino World’s 100 Best Restaurants list were all great news for local wineries, said industry spokesperson André Morgenthal. read more

The threat of a ban on alcohol advertising looms large – and has massive implication to our industry. Tanya Farber and Jeremy Daniel investigate. read more

Three new graduates have been awarded Diplomas as Cape Wine Masters at a ceremony being hosted by Lourensford Estate in Somerset West on Friday, May 6. read more

Newly graduated Cape Wine Master (CMW) Mary-Lou Nash is the 2011 winner of the Van Ryn’s Award for Brandy Excellence, achieving the highest score in the section of the Cape Wine Academy’s Cape Wine Masters’ examination, devoted to brandy. read more

Stellenbosch - Wine tourism was one of the fastest growing and most lucrative sectors of the global tourism market, Tourism Minister Marthinus van Schalkwyk said on Monday. read more