http://www.engineeringnews.co.za
R/€ = 16.82 Change: 0.00
R/$ = 14.32 Change: 0.00
Au 1199.53 $/oz Change: -8.69
Pt 829.00 $/oz Change: -7.99
 

Topic

AB InBev to build new brewery in fast-growing Mozambique

By: Reuters     8th August 2018 Anheuser-Busch InBev, the world's biggest brewer, will start building a more than two-million hectolitre a year brewery in Mozambique in the second half of next year, the company's Africa head said on Tuesday. The Mozambique investment will look to fend off competition from rival Heineken, which... 

Technical construction used to change historical building to modern art museum 

17th May 2018 The Zeitz Museum of Contemporary Art Africa, built inside of the old grain silo at the V&A Waterfront, in Cape Town, required specialist concretes and technical formwork to realise the vision of the architect Thomas Heatherwick. Schalk Burger has the details. Also making headlines, South African... 

R11.6bn in fines and merger conditions secured since 2010, Patel reports

By: Terence Creamer     10th May 2018 Economic Development Minister Ebrahim Patel reports that R11.6-billion has been mobilised as a result of cartel settlements and conditions placed on firms that have pursued mergers and acquisitions in South Africa since 2010, with commitments worth a further R11-bilion have been secured in... 

South African farmers take AB InBev to competition watchdog

By: Reuters     7th May 2018 Farmers in South Africa have filed a complaint with the country's competition watchdog about Anheuser-Busch InBev's decision to change its pricing formula for buying malt barley, a key ingredient in beer making. The farmers lobby group Grain South Africa believes AB InBev, the world's biggest... 

SAB, AB InBev on track with five-year public interest commitment investments

By: Marleny Arnoldi     23rd April 2018 South African Breweries (SAB), together with its parent company Anheuser-Busch InBev (AB InBev), has spent R209-million on Public Interest Commitments (PICs) in 2017, with investments in agriculture, enterprise development and societal benefits programmes in South Africa. With the merger of SAB... 

Tanzania says AB InBev to build $100m plant

By: Reuters     20th March 2018 AB InBev, which owns a majority stake in Tanzania Breweries Limited, the country's biggest brewer, will invest $100-million in a new beer plant in the administrative capital Dodoma, the president's office announced. President John Magufuli on Monday chaired a day-long meeting with major foreign... 

SAB’s BBBEE scheme disburses R2.6bn over 7 years

By: Natasha Odendaal     15th November 2017 Since its establishment in 2010, South African Breweries’ (SAB’s) broad-based black economic empowerment (BBBEE) scheme SAB Zenzele has disbursed R2.6-billion to its three shareholder groups. About 40 000 black shareholders hold a collective 8.45% in the company through the R7.3-billion SAB... 

AB InBev completes $3.15bn Coca-Cola Beverages Africa transition

By: African News Agency      5th October 2017 The world’s largest brewer, Anheuser-Busch InBev (AB InBev) on Thursday announced that it has completed the transition of its 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for $3.15-billion after customary adjustments. This comes after AB InBev last year acquired SABMiller for... 

Metal Tank Industries

By: Zandile Mavuso     25th August 2017 East Rand-based company Metal Tank Industries – in close proximity to OR Tambo International Airport – can now present its clients with not only the vessel, but also all other components that make up a complete process plant. 

AB InBev to merge Russia and Ukraine businesses with Anadolu Efes

By: African News Agency      9th August 2017 The world’s largest brewer, Anheuser-Busch InBev (AB InBev) said on Wednesday that it has reached a non-binding agreement with Anadolu Efes, the leading brewer in Turkey, regarding a 50:50 merger of AB InBev’s and Anadolu Efes’ existing Russia and Ukraine businesses. This comes AB InBev’s... 

Food, beverage supply chain under focus at SAPICS 2017 conference

24th April 2017 Food production is the world’s largest manufacturing sector, and in Africa it is second only to the oil and gas industry – based on the combined revenue of the 111 largest African agro-food companies. Potential for further growth is substantial, but it relies on efficient and innovative supply... 

Industrial effluent recovery a sustainable water solution

By: Robyn Wilkinson     3rd March 2017 With the Department of Water Affairs’ National Water Week Awareness campaign – taking place from March 17 to 23 – celebrating twenty years of water delivery for social and economic development, water treatment specialist Proxa is looking to the future of water in South Africa by developing... 

EDD transactions adds R10.8bn to local economy

By: Ilan Solomons     21st December 2016 Settlements concluded during the year by the Economic Development Department (EDD) has resulted in R10.8-billion being released back into the local economy. This included, among others, settlements with beer and cider giant Anheuser-Busch InBev (AB InBev), carbonated soft drink producer Coca-Cola... 

AB InBev, Coca-Cola reach $3.15bn deal

By: Megan van Wyngaardt     21st December 2016 Beverages giant The Coca-Cola Company and triple-listed brewery Anheuser-Busch InBev (AB InBev) have reached an agreement regarding the transition of AB InBev’s 54.5% equity stake in Coca-Cola Beverages Africa (CCBA) for $3.15-billion. CCBA includes South Africa, Namibia, Kenya, Uganda, Tanzania,... 

JSE Top 40 index indicative of deeper-lying problems

By: Megan van Wyngaardt     17th November 2016 While industrial-listed companies as a proportion of the JSE’s Top 40 Index increased from 31% in the early 2000s to 70% in 2015, the resource-listed companies dropped, from over 50% to just 12% in the same period, though they slowly ticked back up to just over 20% by October. This, noted Bayhill... 

AB InBev-SABMiller deal completes

By: African News Agency      11th October 2016 Anheuser-Busch InBev on Tuesday announced the successful completion of its multi-billion dollar merger with SABMiller. AB Inbev said the combined company would have operations in “virtually every major beer market” and an expanded portfolio that included global, multi-country and local brands,... 

MTN again tops the list of South Africa’s most valuable brands

By: Megan van Wyngaardt     15th September 2016 Despite losing 32% of its brand value owing to reputational challenges, communications giant MTN, which is worth R37-billion, has remained the most valuable brand in the country, according to Brand South Africa and strategy consultancy Brand Finance’s yearly survey. Retailer Woolworths, ranked at... 

Zim approves SABMiller, AB InBev merger with conditions

By: News24Wire      5th July 2016 Zimbabwe has given the green-light to SABMiller’s merger deal with AB InBev, but has set conditions such as maintaining farmers’ contracts and maintenance of production of local brands. SABMiller controls Zimbabwean listed biggest brewer and manufacturer of soft drinks, Delta Corporation. 

Acquisition of SABMiller by Anheuser-Busch InBev to come before the Tribunal

20th June 2016 From 22 to 24 June the Competition Tribunal will hear the proposed large merger between beer and cider giants Anheuser-Busch InBev SA/NV (AB InBev) and SABMiller plc (SABMiller). The hearing follows the Competition Commission’s recommendations to the Tribunal that the merger be approved with... 

AB InBev updates offer to divest SABMiller’s central, eastern European operations

By: Tracy Hancock     29th April 2016 Multinational brewing and beverage company AB InBev has submitted an updated package of commitments to the European Commission (EC) in which it has offered to divest the entirety of JSE-listed SABMiller’s businesses in central and eastern Europe. This was in addition to the agreed sale of Peroni,... 

SABMiller files strong results, reflects strategy – Clark

By: Tracy Hancock     21st April 2016 JSE-listed SABMiller has had a strong year and increased momentum in the second half across all its regions, notwithstanding economic volatility and the potential distraction of the takeover offer from multinational brewing and beverage company AB InBev, says SABMiller CEO Alan Clark. “Our... 

AB InBev starts trading on JSE

By: Megan van Wyngaardt     15th January 2016 The world’s largest brewer Anheuser-Busch InBev (AB InBev) listed on the JSE on Friday morning. The secondary inward listing on the stock exchange’s mainboard was completed by way of introduction and comprised all AB InBev’s issued ordinary shares without nominal value, totaling 1.60-billion. 

The real drivers behind SABMiller takeover

By: News24Wire      11th November 2015 The R20-billion in cost savings that Anheuser-Busch (AB) InBev will realise after acquiring SABMiller for over R1.5-trillion is below expectations, suggesting that pricing and distribution benefits may be the real driver of the deal. That is according to John Colley, professor of practice at... 

Treasury, Moody's eye SABMiller, AB Inbev deal

By: News24Wire      16th October 2015 The impact of any takeover of SABMiller by AB InBev on the South African economy will be an important consideration, National Treasury said on Thursday. It said Minister of Finance Nhlanhla Nene will apply his mind to any application by AB InBev to acquire the shares of SABMiller. 

AB InBev says SABMiller rejection lacks credibility

By: Tracy Hancock     8th October 2015 Anheuser-Busch InBev (AB InBev) is surprised by Dual-listed SABMiller’s continued statement that its ‎£42.15 a share offer, with a partial share alternative or about 41% of the SABMiller shares, “still very substantially undervalues SABMiller”. On Thursday, AB InBev CEO Carlos Brito said: “Our... 

SABMiller rejects latest InBev merger offer

By: Natalie Greve     7th October 2015 The board of SABMiller has unanimously rejected a revised merger offer by global brewer Anheuser-Busch InBev (AB InBev) in which it valued the British–South African multinational brewing and beverage company at £42.15 a share, with a partial share alternative available for about 41% of the... 

First
Prev
1
Next
Last

Latest News

more

Latest Videos

more

About

Engineering News is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close