Wineries crushed by bans will take years to recover
Larger players in the industry have survived but small businesses were crushed by alcohol bans. The recovery will take years.
Larger players in the industry have survived but small businesses were crushed by alcohol bans. The recovery will take years.
Converting bars into beer-collection points is but one proposal desparate drinks makers have put to government to ease the 50-day ban on alcohol sales.
Distell Group is considering raising funds through a rights issue as SA’s largest alcoholic-drinks maker seeks acquisitions outside its home market.
Remgro plans to raise more than R9.9 billion from shareholders as it considers deals including a right to buy SABMiller’s stake in Distell.