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 […]

Beverage, Zambian BreweriesSeptember 3, 2018

Zambian Breweries at Half Year 2018
Pssshhhhhh was the sound a Mosi bottle made when we reviewed the half year results of Zambian Breweries PLc for 2018. It is clear from the financials that the company enjoyed a stellar performance during the first 6 months of the year. Selling 13% more beverages by volume, AB InBev must be proud of their […]

Beverage, Zambian BreweriesMay 21, 2018

Zambrew Loses Taste for Coca Cola
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 […]

BeverageJanuary 4, 2018

Delta steps in to ‘save’ Chibuku
\When Financial Insight Zambia published “Budweiser lacks taste for Chibuku 2017”, we predicted with certainty that it was only a matter of time before National Breweries’ flagship beverage was going to be disposed of. Its finally been sold. In SENS Announcement from National Breweries of 2nd January 2018, the company announced that Heinrich’s Syndicate Limited […]