It was they who suggested that we use a digital stamp, and the AT is working to satisfy this request from the operators". AB InBev is the worlds largest brewer with a diverse portfolio of well over 500 beer brands includes global brands Budweiser, Corona and Stella Artois; multi-country brands Beck’s, Castle, Castle Light, Leffe and Hoegaarden. The world's second largest brewer and maker of brands such as Castle, Miller Lite and Peroni has set ambitious annual targets for Africa to grow volumes 6-8 percent and earnings by over 10 percent, and Bowman says the main limiting factor is capacity constraint after a recent spurt of growth. © 2004-2020, Birkner GmbH & Co. KG, News - CDM Cervejas de Moçambique S.A.R.L., AB InBev Group, Energy management, working and packaging materials, Trade press, associations, institutes, institutions. The CDM production lines can fill between 60,000 and 120,000 bottles per hour. For these inquiries please contact your local country. The page you are looking for no longer exists, sorry for the inconvenience.Please use the menu to navigate or search for the information you are looking for! In a bid to reduce costs, the company is trying to secure supplies from domestic farmers to cut imports, such as the $50 million of barley brought in to supply its Mozambican breweries each year. Anti-Harassment & Anti-Discrimination Policy, Responsible Sourcing Principles for Farms. Global Headquarters Leuven. Bowman expects the new brand - Impala Cerveja - to contribute about 10 percent of its annual sales in Mozambique over the next two to three years. Absolicon Solar Collector AB Earlier this year, the company said it planned to contract as many as 2,000 farmers to produce sorghum or cassava to supply its breweries. Its first cassava beer, named Impala, was launched in late October and within just over 2 months had taken 1.7 percent of Mozambique's beer market and has boosted output at SABMiller's third and newest brewery at Nampula in the north of the country. Jency.John@ab-inbev.com, Daniel Strothe Sourcing the crop domestically will enable the company to cut the cost of its beverages, Liversage said. A large part of the strategy directed by its African regional managing director Mark Bowman is to make beer more affordable and less of a luxury product than when it is priced at around $1 a bottle across the continent. Mariya.Glukhova@ab-inbev.com, Jency John Institutional Investors & Analysts, Americas Africa's biggest brewer SABMiller is ratcheting up production of more affordable beers in the continent using sorghum and cassava in place of more expensive barley to drive growth in what is already the group's fastest growing region, Reuters reported on March, 13. The Mozambican Tax Authority (AT) is pushing ahead with plans to impose fiscal stamps on bottled and canned beer, despite warnings from the drinks industry that the stamps may lead to a reduction, rather than an increase, in tax revenue, AllAfrica.com reported on May 2. Jency.John@ab-inbev.com. 1000 Brussels Currently only one company produces beer in Mozambique, CDM (Beers of Mozambique), with breweries in Maputo, Beira and Nampula. "By African standards, beer is expensive so we look at sub-inflation pricing and to develop an affordable category," Bowman said. Tel +32 16 27 68 88 Belgium, Exchange Grand Place 1 Open Share. The AT's southern regional coordinator for fiscal stamps, Rogerio Machava, insisted "this process will not cause any constraints for the operators. Alexandre Bueno Global VP, Treasury Alexandre.Bueno@ab-inbev.com. These cookies will be stored in your browser only with your consent. 76% optical efficiency. This category only includes cookies that ensures basic functionalities and security features of the website. Contact us. Daniel Strothe Global Director, Treasury Tel +1 646 746 9667 Daniel.Strothe@ab-inbev.com. Necessary cookies are absolutely essential for the website to function properly. News - CDM Cervejas de Moçambique S.A.R.L., AB InBev Group 07.05.2018 Mozambique: Tax Authority pushing ahead with plans to impose fiscal stamps on beer ( E-malt.com ) The Investor Relations team will not be able to respond to other inquiries such as those regarding sponsorships, product ideas, consumer issues, etc. Tel +1 212 573 9287 Institutional Investors & Analysts, EMEA and Asia Pacific The strategy has not worked as well in Tanzania as the nation has a more moderate excise tax regime and the cut for sorghum-based Eagle was only to 75 percent that of barley beers, and so only allowed Eagle to be priced at 88 percent of its mainstream national beers brands Kilimanjaro and Safari. If adding the fiscal stamp slows down the line, then less beer will be produced, and less will be consumed. Tel: +32 16 276 111. media.relations@ab-inbev.com. Privacy policy AB InBev already brews the 2M and Laurentina brands in Mozambique in another brewery. Global VP, Treasury Daniel.Strothe@ab-inbev.com, Alexandre Bueno In 2004, SABMiller introduced its first sorghum beer Eagle in Uganda which now accounts for half of its 55 percent market share, and with major competitor Diageo also seeing success, around half of Uganda's beer is sorghum-based. Tapioca is a root starch derived from the vegetable. According to a report in the May 2nd issue of the Maputo daily "Noticias", the AT will begin to test the technology next week. Anheuser-Busch InBev NV is readying new African operations as the world’s largest brewer continues its expansion on the continent after the blockbuster Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. This was not sufficient to boost demand and Goetzsche says the brand which accounts for around 5 percent of the group sales has seen a volume decline of 12 percent, in a country where SABMiller expects its overall beer volumes to rise 17 percent in the year to end-March 2012. The cheapest 550- milliliter (1.2-pint) bottle of beer in Mozambique currently costs 25 meticais (68 cents). We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Labeled Solar Impulse solution. AB InBev is committed to reduce the CO2 emissions up to 25 % across the entire value chain by Year 2025. SABMiller's Africa region, excluding South Africa, saw the fastest growth in underlying beer volumes, up 15 percent, of all its regions in its half-year to end-September. Euronext Brussels SABMiller Plc’s Mozambican unit said it plans to contract farmers to grow cassava for the company to produce a cheaper brand of beer, Bloomberg reported on September, 9.

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