It started in October 2016 when the first cautionary announcement (published through SENS Announcement from LuSE) was made by Zambrew on its proposed disposal of the non-alcoholic ready-to-drink business segment of the company. In that announcement (and 8 others that followed), shareholders were advised that on 11 October 2016, Anheuser-Busch Inbev (ABInBev the parent of […]
Zambian Breweries, born in 1963. Started off as Northern Breweries Limited. Back then it was a private company formed by South African Breweries and Labatt Breweries of Canada in a 80 to 20 percent shareholding agreement. Plants started brewing in Ndola and Lusaka. However, in 1963,government nationalized the company splitting it into two separate entities:Zambian […]
On 16th May 2017, shareholders of National Breweries were issued with a cautionary note relating to circumstances relating to NatBrew. A further cautionary note was issued on 17 th of May which indicated that the maker of global brands Budweiser, Corona and Stella Artois (Anheuser-BuschInBev SA/NV) was undertaking a review of its strategic options relating to its investment in NatBrew, [&hell
2015 will be remembered for the wrath of the 50% excise duty on alcoholic beverages and the proliferation of smuggled castle lite prompting a change in strategy. Zambrew loves you. They gave you more beer for less albeit taking a haircut in revenue growth year on year. The stewardship of the company has been great […]
Beverage
