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Soft Drinks

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Beverages industry irked by high taxes

They said reduction in the excise tariff would free some income, allowing them to expand production and create more jobs.

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Coca-Cola reports 4Q loss on hit from US...

The soft drink giant reported a loss of $2.8 billion in the quarter ending December 31, compared with a $550 million profit in the year-ago period.

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Coca-Cola bottles African stake from ABInbev...

CCBA runs operations in South Africa, Namibia, Kenya, Uganda, Tanzania, Ethiopia, Mozambique, Ghana, Mayotte and Comoros.

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Britain imposes sugar tax on soft drinks...

"We all know one of the biggest contributors to childhood obesity is sugary drinks."

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US coronavirus deaths exceed 100,000...

Europe meanwhile has slowly started reopening businesses as outbreaks on the continent slow, but Italy and Spain lack the firepower of richer European nations to rebuild their economies.