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Tag Archives: coca cola

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 …

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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 …

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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 …

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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 …

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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. …

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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 …

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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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