Browsing: Cervejas de Moçambique
Mozambican brewing company Cervejas de Moçambique (CDM), part of the giant AB InBev group, has started building its new brewery on land sold to it by a Frelimo general in a process expedited by the governor of Maputo Province, Raimundo Diomba.
Dutch brewing multinational Heineken is pushing for a reduction in alcohol consumption taxes in Mozambique in order to make its planned $100 million brewery more competitive, according to the head of Mozambique’s investment promotion office. [...]
Dutch beer company Heineken has started preliminary work on a new brewery in Mozambique that could be operational in late 2018, Zitamar News has learned.
Mozambique’s brewing monopoly Cervejas de Moçambique (CDM) has seen its profits drop 64% this year so far, due to the country’s economic crisis restricting access to foreign exchange, the company said. In a
Cervejas de Moçambique (CDM), the Mozambican brewery majority-owned by South African drinks giant SABMiller, has posted a 17% increase in revenues in the 12 months to the end of March 2016, driven by higher beer sales in Mozambique.