Financial Archives

05 Sep 2022

Coke bottler commences operations in Malawi

Coca-Cola Beverages Africa (CCBA), the largest Coca-Cola bottler in Africa, commenced operations in Malawi on 29 August 2022. This follows the closing of the transaction with Castel (Southern Bottlers Limited, or SOBO) to acquire Castel’s soft drinks business through CCBA’s local subsidiary Coca-Cola Beverages Limited (CCBL).

Business

15 Aug 2022

Coca-Cola bottler to acquire Malawi soft drinks business

Coca-Cola Beverages Africa anticipates commencing operations in Malawi as soon as all regulatory requirements have been successfully concluded.

Business

28 Jul 2022

CCBSA accelerates transformation and retains level 1 BBBEE status

Coca-Cola Beverages South Africa (CCBSA) has retained its level 1 Broad-Based Black Economic Empowerment (B-BBEE) status for following a rigorous verification process. The company attributes this achievement to strategic investments in amongst others, procurement which saw an increased spend with black-owned suppliers from 50% to just over 61% of its total adjusted procurement spend, of which 34% is with black females.

Business

14 Jun 2022

The Coca-Cola Company announces plans to delay listing of CCBA as a publicly traded company

The Coca-Cola Company announced today that it is delaying plans to list Coca-Cola Beverages Africa (CCBA) as a publicly traded company.

Business

31 May 2022

Coca-Cola Beverages Africa honours investment pledge with $100m factory in Ethiopia

A new US$100 million Coca-Cola bottling plant at Sebeta in Ethiopia is set to unlock export opportunities, increase local production and ease foreign exchange constraints as it adds 500 employees to the workforce of Coca-Cola Beverages Africa (CCBA) in the country.

Business

11 Jan 2022

Coca-Cola Beverages Africa Capital Markets Day Registration Open

Business

04 Jan 2022

Coca-Cola Beverages Africa Capital Markets Day to be Held January 18, 2022

Business

19 Apr 2021

The Coca-Cola Company and Coca-Cola Beverages Africa Announce Plans for Initial Public Offering for Bottler

Business

26 Aug 2019

Coca-Cola Beverages Africa acquires share in Eswatini bottler

Coca-Cola Beverages Africa (CCBA) has announced that it has acquired a 60 percent share in the soft drinks business of Eswatini Beverages Limited.

Business

17 Dec 2018

Coca-Cola Beverages Africa acquires Zambian Coca-Cola Franchise

CCBA has received the requisite regulatory approval to acquire the Coca-Cola soft drinks business of Zambian Breweries Plc (Zambrew) commencing operations on 17 December 2018.

Business

Financial