Beverage, Zambeef Products Plc, Zambia Sugar Plc, Zambian BreweriesSeptember 5, 2019

Zambeef has ‘Faith’ – New Chief Financial Officer Unveiled at the Food Processing Company
Zambeef this week announced the appointment of Faith Mukutu as its new CFO of the food retailing company effective 1st September 2019, according to sources close to the matter.   Faith is a seasoned professional. “She has held a number of senior finance and operational roles, most recently serving as Financial Director of Zambia Sugar […]

Beverage, Zambian BreweriesAugust 20, 2019

Clear beer coupled with cost saving measures increase Zambrew’s earnings at half year
Zambian Breweries expects to announce earnings at half year that are 40% higher than the previous year, according to a statement issued by the company. “The Board of Directors of Zambian Breweries Plc (“the Board”) wishes to advise the Shareholders that for the period ending 30th June 2019, the basic earnings per share is expected […]

Airtel Networks Plc, Beverage, Zambian BreweriesJuly 28, 2019

Private Equity and Venture Capitalist Jito Kayumba Joins a Beverage Board
Renowned private equity and venture capitalist Jito Kayumba has been appointed as non-executive member of the Zambian Breweries board effective July 2019, according to the company. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of Zambian Breweries PLC (“the Board”) wishes to announce the appointment of Mr Jito Kayumba as […]

Agriculture, Beverage, Zambia Sugar Plc, Zambian BreweriesJuly 16, 2019

Monica gets the Zambrew Plc nod as Board Chair; ‘Tweet’
The market’s wait for a signal from Monica Musonda regarding what her next move was following her resignation from the Zambia Sugar Board was finally answered in a tweet on her twitter page on 11 July 2019. Monica, the founder and Chief Executive Officer of Java Foods, a food processing company based in Zambia, takes […]

Beverage, National BreweriesJune 25, 2019

National Breweries PLc – Abridged 2018 Financial Results Analysis
National Breweries PLc is the leading producer of traditional beer (TAB), namely Chibuku shake and Chibuku super, pasteurized TAB with a longer shelf life, which gives it a distinct advantage with delivery to a wide geographic reach. “National Breweries became part of Anheuser-Busch InBev (AB inBev), the largest brewer in the world with more than […]

Beverage, National BreweriesJune 24, 2019

Change in “umbilical cord” the reason for Natbrew’s dip in performance: Company Income Statement Review
When the announcement was made that Natbew had found a new home with Delta of Zimbabwe, the question of how life after being Zambrew’s baby would soon be answered when the 2018 financial performance results came in. “Delta reportedly snapped up an estimated 44,1 million shares from Anheusur Busch InBev SA/NV to acquire a controlling […]

Beverage, National BreweriesJune 8, 2019

Natbrew EPS slides 3725% due to macro challenges
National Breweries Plc announced on 5th June that its earnings per share (EPS) was expected to be 3725% lower that than the previous financial year due to multiple economic and competitive headwinds. The purchasing manager’s index (PMI) dipped further on 6th of June to 43.9, well below the 50 mark which is indicative of contraction […]

Beverage, Zambian BreweriesJanuary 10, 2019

A Coke Dividend
Psssst! That’s the sound that shareholders of Zambrew (Zambian Breweries Plc.) will be hearing when they hear the news that the board of directors for their company at their meeting on 27 December 2018, passed a resolution to declare a Special Dividend of 3.68 Kwacha per share for the financial year ended 31 December 2018 […]

Beverage, Zambian BreweriesDecember 18, 2018

Epilogue of the Coca Cola Transaction
The deal is finally done. Zambia Breweries Plc. announced on 14th December 2018, that the long awaited conclusion of the sale of their interest in non-alcoholic beverages unit was finally done. The company’s completion of the disposal of the ready-to-drink business segment was padded with their disposal of shares in Kalundu Beverages Limited. We had […]

Beverage, National BreweriesNovember 13, 2018

Natbrew Plc at Half Year 2018
The parent company of Chibuku has had an interesting half year for their 2018 financial year. In a period their Stock Exchange News (SENS) announcement described as “steady”, competitive forces were rife. Draught beer, clear beer, cheap spirits and a handful of new entrants (notably package segment) into their market segment meant price wars and […]