Nigeria:   Govt moves to tax Malts , carbonated drinks 

  By Franklin Alli   ” One of the reasons for us to tax carbonated drinks is that, if we tax alcoholic beverages and tobacco because they are injurious to our health, carbonated drinks, with the content of sugar, are equally injurious to our health.” The Controller-General of the Nigeria Customs Service (NCS), Col. Hameed […]

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Coca-Cola, SMEDAN empower 5,000 women with vocational skills

The Coca-Cola Foundation has partnered two Nigerian-based NGO, Karis and Eleos Hand of Hope Foundation, to equip 5,000 women with relevant vocational skills and business training. A statement by the company entitled ‘COVID-19: Coca-Cola empowers 5,000 women for economic recovery’ said the training aimed to help the women recover from the effects of the coronavirus […]

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Coca-Cola chooses plastic bottle collection over aluminium cans to cut carbon footprint

  LAGOS – Coca-Cola is committed to collecting and recycling plastic bottles rather than switching to aluminium cans as the world’s largest soft drinks maker seeks to reduce its carbon footprint, its chief executive officer told Reuters. Reuters reported that along with multinational rivals including PepsiCo and Nestle, Coca-Cola has started offering recyclable aluminium cans […]

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Ekuma Eze becomes NBC’s Public Affairs & Communications Director

  Nigerian Bottling Company (NBC) Limited, a member of Coca-Cola Hellenic Bottling Company, has announced the appointment of Ekuma Eze as the Public Affairs and Communications Director effective from March 1, 2019. In a statement issued by the company and signed by the Managing Director, George Polymenakos, the appointment is consistent with the Company’s commitment […]

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Coca-Cola moving ahead with takeover of Nigeria’s Chi juice

Alexis Akwagyiram LAGOS, Sept 19 (Reuters) – Coca-Cola is moving ahead with plans to take over Nigeria’s leading juice company Chi Ltd and aims to complete the deal early next year, a senior executive told Reuters. The acquisition for an undisclosed price is one of several steps the U.S.company is taking in a global strategy […]

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Coca-Cola Donates 1 Million Recycling Bins in the U.S.

The Coca-Cola Company and The Coca-Cola Foundation, with the help of Keep America Beautiful, The Recycling Partnership and The Closed Loop Fund, will donate their 1 millionth recycling bin this month. For the past 10 years, The Coca-Cola Foundation has supported an annual The Coca-Cola Foundation/Keep America Beautiful Public Space Recycling grant program, which has donated public space recycling bins to more than […]

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Coca-Cola’s First quarter 2018 Revenue dips 16% On Refranchising

“THE Coca-Cola Company’s net revenues declined 16 percent to $7.6 billion for the quarter of 2018, impacted by a 26 percent headwind from refranchising of bottling territories. Organic revenues (non-GAAP) grew 5 percent for the quarter, driven by concentrate sales growth of 4percent and price/mix growth of 1percent.” In a highlight of its first Quarterly […]

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Coca-Cola Nigeria will start Juice production to boost revenue

The parent company of Coca-Cola Nigeria, Coca-Cola HBC, has revealed that it will prioritize the production of plant-based beverages, juice smoothies, and PET juice packaging in Nigeria this year. The company made this disclosure in its Full year 2017 Integrated Annual Reports recently released. The company also vowed to continue to optimize and invest in its production in […]

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