Kampala, Uganda | JULIUS BUSINGE | Century Bottling Company Limited, a franchise bottler and distributor of Coca Cola Products in Uganda, has taken on Hariss International Limited’s Rock Boom and Pepsi Cola’s Sting with a low-cost energy drink in a move likely to stir competition in the energy drinks segment. The …
Read More »BUSINESS: Vimto returns to Ugandan market
But there’s fear the new beverage may cannibalize some of its sister products Kampala, Uganda | ISAAC KHISA | Vimto, a global beverage brand, has made a comeback to the Ugandan market after the British manufacturer; Nichols offered licensing terms to Century Bottling Company Limited, a franchise bottler and distributor of Coca …
Read More »Coca-Cola to cut 1,200 jobs
New York, United States | AFP | Coca-Cola plans to cut 1,200 jobs as it deepens its cost-cutting initiatives in response to sluggish soda sales, the company said Tuesday. The maker of Sprite and Fanta announced the job cuts as it reported lower second-quarter profits due to restructuring costs and flat …
Read More »Coca-Cola profits fall as it adds new non-soda low-sugar beverages
.@MuhtarKent says Q1 “in line with plan”; $KO on track to deliver underlying revenue, profit targets for full year https://t.co/32Rr2HeCWI pic.twitter.com/lhjbsylaDs — The Coca-Cola Co. (@CocaColaCo) April 25, 2017 New York, United States | AFP | Coca-Cola reported lower earnings Tuesday on restructuring costs and flat volumes as it touts new …
Read More »VIDEO: KCCA, Coca Cola to buy plastic waste in Kampala
VIDEO: Plastic waste material will henceforth be a good source of income, if the public embraces collecting and delivering it to the right places yet to be set up by Kampala Capital City Authority (KCCA). This is after KCCA signed a memorandum of understanding with Coca Cola Beverages to collect and …
Read More »Coca-Cola secures African stake from ABInbev
Brussels, Belgium | AFP | Soft drinks giant Coca-Cola has agreed to pay more than three billion dollars to recently-merged AB InBev for control of Africa’s biggest soft drinks bottling company, both companies said Wednesday. On merging with SABMiller in September, Belgian-Brazilian giant AB InBev found itself with 54.5 percent …
Read More »Coca-Cola chief to step down
New York, United States | AFP | Coca-Cola announced Friday that chief executive Muhtar Kent will step down next year as the beverage giant confronts a tougher demand environment for soda. James Quincey, Coca-Cola president and chief operating officer, will step into the top job in May, the company said. …
Read More »Soda price war?
Pepsi cuts retail prices on plastic bottle by Shs 200 but rivals still reluctant to play ball On May 04, 2016 Crown Beverages, the bottlers of Pepsi Cola products, announced a reduction on their retail price for Mirinda, Mountain Dew, Pepsi Cola, and Evervess Tonic brands. The price reduction of …
Read More »Pepsi, Coca Cola officials meet Museveni
Top officials from soft drinks companies in Uganda have met President Museveni to review their partnership with government. Officials from Uganda Revenue Authority attended the meeting yesterday. Coca-Cola Company pays more than Shs.100 billion annually in direct and indirect taxes. FULL STATEMENT AFTER MEETING President meets executives of Soft …
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