International Breweries has returned to profitability, reporting its first annual profit since 2017 for the 2025 financial year, marking a significant turnaround …
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AfricaBusinessNews
Africa: Inflation, Currency Devaluation Hit Beer Sales in Nigeria and South Africa as Nigeria’s Major Brewers Report N89.4B H1 2023 Losses Due to Soaring Borrowing Costs
by Atqnewsby AtqnewsHeineken, the renowned beverage giant, faced a challenging third quarter in 2023 as beer sales in Nigeria and South Africa plummeted, primarily …