National BreweriesDecember 16, 2021

National Breweries forecasts a lower Loss Per Share
Opaque beer maker National Breweries Plc has announced that it continues to record loss per share, according to a statement from the company. “In accordance with the Lusaka Securities Exchange (“LuSE”) Listings Requirements, the Board of Directors of National Breweries Plc (“Natbrew” or “the Company”) hereby advises the Shareholders of the Company that the Loss […]

Beverage, National BreweriesAugust 10, 2021

National Breweries records marginal ‘liquid sales’ growth
The second beverage manufacturing company listed on the Lusaka Securities and Exchange (LuSE) has recorded a 6% increase in volume of products sold in the financial year ending March 2021, according to published financials from National Breweries Plc. “The company posted a 24% growth in revenue against a background of deteriorating macro-economic conditions and disruptions […]

Beverage, National BreweriesJanuary 13, 2020

Ronny Palale resigns from National Breweries
Chibuku maker, National Breweries Plc has announced the resignation of its Managing Director after two years in the role. “Pursuant to section 3.59 of the LuSE Listing Requirements, the Board of Directors of National Breweries Plc (“the Board”) wishes to announce the resignation of Mr. Ronny Palale as Managing Director of the Company effective 15th […]

Beverage, National BreweriesNovember 16, 2019

National Breweries: A loss is still a loss at half-year 2019
National Breweries Plc has reported a loss of K28.80 million according to abridged unaudited financial results for the 6 months’ period ended 25 September 2019, according to a statement from the company. The company which is currently undergoing reorganisation and restructuring, has seen its administration costs increase by 3% over the first six months of […]

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, 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 […]

Beverage, National Breweries, Zambian BreweriesJune 26, 2017

The History of Beer in Zambia
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 […]

Beverage, National BreweriesJune 23, 2017

How Opaque Can You Get? National Breweries 2016-17 Review
Valentine Chitalu, National Breweries Chairman, does not mince his words when he implies his company is at war in a differentiated oligopoly market for opaque beer. Although he cites “economic shocks experienced in the local economy for most of 2015 and part of 2016 that included power shortages, low copper prices, volatile exchange rates and […]