Business News

Suntory Beverage Says to Make 7 Billion Yen Acquisition of Soft Drink Business of GSK Nigeria

July 5, 2016/Suntory Beverage & Food Ltd Suntory Beverage & Food Group (the “Company”) hereby announces that its subsidiary in Nigeria has come to an agreement to acquire the soft drink operations and route to market capabilities of GlaxoSmithKline in Nigeria (GlaxoSmithKline Consumer Nigeria Plc; hereinafter the “GSK Nigeria”) as […]

Bakhresa Group, Verde Hotels to build Zanzibar’s Greenest Hotel

July 4, 2016/Verde Hotels The Tanzanian based Bakhresa Group  has appointed Verde Hotels from South Africa to develop and manage the total overhaul and upgrading of the old Mtoni Marine Hotel in Zanzibar, 2km from Stone Town. The brand new five star property will be known as Hotel Verde, Zanzibar’s greenest […]

Experts Link Beer to Social, Cultural Cohesion

2/7/2016/TPT International Scholars and culture experts have highlighted the role of beer in the sustenance of the socio-cultural cohesion of people across ages. They made the submission  at the 3rd Nigerian Beer Symposium in Lagos on Thursday. Professor Bartholomew Okolo, a Professor of Applied Microbiology and a former Vice Chancellor […]