Friday, October 7, 2022

    Tag: Beer

    Castel announces acquisition of Zebidar’s controlling stake

    Castel Group has announced on Saturday that it has finalized the acquisition of 58 percent of Zebidar Brewery S.C. in a deal concluded with...

    Heineken says it will not consolidate the beer market

    With the local beer market in a stiff competition to interest the pocketbooks of the ever-increasing beer drinking population and BGI Ethiopia scooping little known brands, Heineken Ethiopia has confirmed it will not follow its competitor’s trend and take part in an increasing consolidated beer market.

    Breweries jack up retail prices 

    Local breweries in Ethiopia are set to introduce price adjustments (increases) to their products starting today, The Reporter has learnt. BGI Ethiopia, the bottler of St. George and other brands, for instance, has already started distributing its products under the adjusted price.

    BGI considering Zebidar takeover

    After the recent buyout of Raya Brewery by BGI Ethiopia, the latter is mulling over acquiring the shares of Zebidar Brewery, a new entrant...

    BGI brewing 2.5 bln birr Raya takeover

    BGI Ethiopia has offered 2.5 billion birr to fully acquire Raya Brewery, a brewery established five years ago, in which BGI is the majority shareholder.


    Women Returnees in Coke Kiosks Biz

    Aster Tesfaye is a returnee from Saudi Arabia and...

    Central Bank freezes accounts of 392 ‘currency dealers’

    The National Bank of Ethiopia ordered banks to freeze...

    Ethio telecom to face stiff competition as Safaricom launches service in Addis

      - Managers of Safaricom say there is no plan...

    To end war in North Ethiopia, AU schedules peace talks in South Africa

    - Ethiopia's gov't accepted the invitation   The African Union invites...