Browsing: Coca-cola

The Competition Authority of Kenya has approved the acquisition of a controlling stake in Almasi Beverages Limited by Coca-Cola Sabco (East Africa) Limited, in one of the latest mergers in the country.

The proposed transaction involves acquisition of a 53.95 per cent stake (issued share capital) of Almasi from Centum Investment Company (Plc) by Coca-Cola Beverages Africa Proprietary Limited (CCBA).

Coca-Cola Sabco (East Africa) Limited (CCSEA), the acquiring undertaking is a wholly owned subsidiary of Coca-Cola Beverages Africa Proprietary Limited, a private company established in South Africa and a subsidiary of giant global beverages firm-Coca Cola.

READ ALSO:Coca-Cola to retain majority stake in Africa subsidiary

The acquisition follows the exit of Centum, which on October 3, announced it had completed the sale of its 53.9 per cent shareholding in Almasi Beverages Limited and 27.6 per cent shareholding in Nairobi Bottlers Limited to Coca-Cola Sabco East Africa Limited.

Almasi has …

Women Enterprise Fund (WEF) in collaborating with Kenya Bureau of Standards (KEBS) and other organizations have partnered to provide support for women running small and medium-sized business to standardize and improve the quality of their products.

The partnerships has seen 13,500 beneficiaries trained by WEF receive technical guidance to improve their products ensuring they meet industry standards.

READ ALSO:KEBS to issue new Import Standardization Marks to curb illicit trade

Once the products are standardized, the women are eligible to apply for certification, which the Fund pays a subsidized rate of Ksh5,800.

As a result, their products will qualify for the Kebs Diamond mark of quality which allows them to access local and international markets.

READ ALSO:Zambia to connect women SMEs to international markets by 2020

“A key mandate for WEF is to provide business support services including linkages for the women entrepreneurs to improve on the quality of …

Tapping into its global strategy, the Coca-Cola System in Kenya has unveiled its innovative portfolio of beverages into the market to offer customers more choice and convenience.

The organization, which is evolving to become a Total Beverage Company, has been reshaping its growth strategy and operating model in line with changing consumer tastes and buying habits.

Since 2017, it has broadened its product offerings in various category clusters including water, nectar juice, ready to drink coffee, tea bags and sports drinks.

Amongst the new products launched this week was an addition to the Minute Maid portfolio; Minute Maid Nutridefenses – a nectar juice fortified with vitamin E and Zinc, a suitable addition to the breakfast occasion.

Coke plus Coffee; a fusion of Coca-Cola and coffee with a formulation of added coffee and fifty percent less sugar. This drink targets the afternoon slump to help rejuvenate consumers and give them the …