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The beer frontier
The Economist ^ | 5/31/14 | The Economist

Posted on 05/30/2014 8:55:14 AM PDT by ghost of stonewall jackson

Nigeria is Africa’s largest economy and its largest beer market after the country where SAB (South African Breweries) was founded in 1895. The firm moved its main stockmarket listing to London in 1999 and a few years later it acquired Miller, a big American brewer, in a deal that gave the renamed SABMiller global scale and reach. It now operates in 75 countries, but in recent years it has found that its fastest-growing and most promising market is the continent of its birth (see chart 1).

SAB has operations in 15 African countries and a stake in 21 others through its alliance (bolstered by cross-shareholdings) with Castel, a French drinks firm. Its beer has been brewed in Zimbabwe for more than a century and it has had operations in Angola and Botswana since the 1970s. But its presence on the continent was only really felt in the mid-1990s when it snapped up newly privatised breweries in Mozambique, Ghana, Uganda, Zambia and Tanzania. This was not a grand strategic gamble on African growth: the continent’s economies were then in a funk. “At this stage it was about fixing the companies,” says Mark Bowman, boss of SAB’s Africa division. With repairs and sounder management, the thinking went, they ought to turn a decent profit.

(Excerpt) Read more at economist.com ...


TOPICS: Business/Economy
KEYWORDS: africa; beer

1 posted on 05/30/2014 8:55:14 AM PDT by ghost of stonewall jackson
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To: ghost of stonewall jackson
Drink Miller -- for Africa!

(and for the children)

2 posted on 05/30/2014 9:10:40 AM PDT by Dagnabitt (Amnesty is Treason. Its agents are Traitors.)
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To: Dagnabitt

Have a cold Leinenkugel’s...


3 posted on 05/30/2014 9:20:49 AM PDT by Eric in the Ozarks (Rip it out by the roots.)
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To: Eric in the Ozarks

Leinenkugel’s makes about 12 different flavors and they all taste the same.


4 posted on 05/30/2014 9:25:23 AM PDT by caver (Obama: Home of the Whopper)
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To: caver
I like the Leiney’s original.
For some reason, the area Miller/Coors dealer won't carry it in Missouri so when I'm in Iowa or Minnesota, I pick up a case...
5 posted on 05/30/2014 9:50:43 AM PDT by Eric in the Ozarks (Rip it out by the roots.)
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To: ghost of stonewall jackson

I long for the day when the micro breweries up in the mountains of NC finally learn to make beer without having to overkill on the hops.


6 posted on 05/30/2014 10:08:41 AM PDT by Rebelbase (Tagline: optional, printed after your name on post)
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