Water shortages dent Sechaba�s beer sales
Wednesday, August 31, 2016
Group managing director, Johan De Kok said this was mainly due to the negative growth of the traditional beer and non-alcoholic beverages categories, at -6.5% and -16.0%, respectively.
However, the alcoholic fruit beverage category recorded an impressive 95.6% growth in volumes on the back of the successes of Redds Vodka Lemon and Core Original.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...