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WOW Beverages to distribute Denmark brewer’s Faxe beer

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Wow-Beverages-Kenya-800x530 WOW Beverages to distribute Denmark brewer's Faxe beer

CHEERS: WOW Beverages On-Trade Channel Manager, Mr Muniu Mucheru (left), with Royal Unibrew Country Manager Patrick Gathara toast to the launch of Faxe Beer in Kenya at activation at Atlantis Pub, Nairobi.

Kenyan beverages marketing company, WOW Beverages, has entered the beer market with a partnership to distribute Faxe Beer. WOW Beverages will market and distribute the canned beer manufactured by Royal Unibrew, Denmark’s second largest brewer.

Royal Unibrew, a leading beverages provider with a global presence produces, sells and distributes branded products within the beer, malt beverage soft drinks, cider and long drinks market. WOW Beverages Chief Executive Officer, Chris Lucas, said the new partnership will bolster WOW Beverages’ business line and will enable it to meet a growing demand for quality international beer brands.

“This partnership is a strategic step towards the growth of our beer category and goes a long way into our broader strategy of offering a complete portfolio of brands across the consumer chain,” noted Mr Lucas.

The tie-up will enable Royal Unibrew to benefit from WOW Beverages’ market footprint in Kenya and national distribution network.  “We were looking for a company with a robust and extensive national distribution network to enable us to serve our Kenyan consumers nationwide,” said Mr Patrick Gathara, Royal Unibrew Country Manager.

Faxe beer portfolio includes Faxe Stout, Faxe 10% and Faxe Premium available in 500ml cans.

SEE ALSO: Bob Collymore on the big-bang digital disruption

Established in 1992, WOW Beverages (formerly Wines of the World) is part of the business portfolio of businessman Humphrey Kariuki and was the first private company to import wines and spirits into Kenya. The company recently moved its warehousing and offices to a new state-of-the-art plant in Thika to accommodate its expansion.

Mr Lucas reiterated that WOW Beverages would continue to invest in its physical and human resources to support its growth and expansion.

“This new partnership with Royal Unibrew, a globally recognised player, confirms that our substantial investment in sales, marketing and logistics infrastructure is paying dividends and has brought us to global standards,” said Mr Lucas.

WOW Beverages represents three major international spirits companies and carries wine brands from eight wine producing countries as well as specialist beers and premium water brands. Some of the international brands in WOW Beverages spirits portfolio include Jack Daniels, Famous Grouse, Macallan, Bacardi and Martini among many others.

The firm’s wine selection include Catena from Argentina, Douglas Green from South Africa, JP Chenet from France, Gato Negro from Chile and Tommasi from Italy.

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Firms partner to offer financed solar solutions

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Businesses looking to purchase solar can now benefit simultaneously from the market leading competencies that both companies bring to the table.

Two energy firms have agreed to join forces to offer financed solar solutions to a select portfolio of commercial and industrial customers operating in Africa.

The move by Solar specialists Solarcentury and Energy investors CrossBoundary Energy means businesses looking to purchase solar can now benefit simultaneously from the market leading competencies that both companies bring to the table.

The firms say Solarcentury’s understanding of the technical challenges in integrating solar with an operating business and CrossBoundary’s experience of financing businesses operating in fast changing circumstances are set deliver a market ready viable solar solution to businesses in the region.

Dr Daniel Davies, Africa Director for Solarcentury commented: “Solarcentury have been at the forefront of designing and building commercial scale solar PV plants in Sub-Saharan Africa. We have built the majority of Commercial and Industrial Solar PV plants in East Africa and we have seen businesses make considerable savings from day 1 of energising the PV plant. We now bring our substantial technical expertise and in partnership with CrossBoundary Energy, are able to provide a unique financing offer for any business in Africa.”

ALSO SEE: Micro-finance partnership to enhance access to solar energy

Matt Tilleard, Managing Partner at CrossBoundary Energy explained that ‘Our objective at CrossBoundary Energy is to provide financing to the best solar developers in Africa who are serving corporate customers, so we’re excited to be working with Solarcentury to bring African businesses cheaper and cleaner power’.

He added that businesses are the major consumers of electricity in most African markets and by providing them cheaper power through a solar PPA they can actually save them money from day one while also reducing their carbon emissions.

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Business News

Nakumatt warehouse taken over unpaid taxes

URA’s decision is set to exacerbate Nakumatt’s troubles with other creditors who are already short on patience.

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The revenue agency later took over the retail chain’s three stores in Kampala as part of the revenue recovery effort.

The Uganda Revenue Authority (URA) has taken control of Nakumatt Supermarkets main warehouse, seeking to recover $86,000 (Sh8.6 million) in unpaid taxes. Officials descended on Nakumatt’s Kampala-based warehouse, which is also the retail chain’s headquarters in Uganda, on Wednesday taking control of distribution of goods to its five stores.

The revenue agency later took over the retail chain’s three stores in Kampala as part of the revenue recovery effort. “The URA has sent several tax demands to Nakumatt in recent months with no success. Their officers have now moved in seeking to recover the outstanding amount,” a source familiar with the matter told the Business Daily.

URA said its action means it will appropriate all the income Nakumatt makes from the five outlets until the tax arrears are cleared. The unprecedented administrative action also saw the URA seize several Nakumatt trucks that had recently made deliveries to the Kampala warehouse from Kenya.

Doris Akol, the URA commissioner-general, declined to comment on the matter while Atul Shah, Nakumatt’s managing director, did not pick our calls or respond to text messages.

SEE ALSO: Nakumatt seeks courts protection as debt piles

Nakumatt, which is facing a crisis due to a mountain of debt and delays in securing an investor, has since the year closed several stores in Uganda and Kenya.  In Uganda, aggrieved suppliers and landlords have sued the retail chain seeking to recover about Sh515 million in unpaid invoices and rent arrears.

Uganda’s minster for veterans, Bright Rwamirama, in mid-June took Nakumatt to court seeking to be paid Sh58.6 million in rent arrears he, and other partners, are claiming from the retailer for use of their premises in Mbarara.

Nakumatt was expecting a six-week phased injection of Sh7.7 billion from an unnamed private equity fund beginning March.

 Knight Frank Uganda, the property manager of the Acacia Mall, Village Mall and Victoria Mall, where Nakumatt was a tenant, took over their space on June 28, saying the retailer was “not adding much value to the three shopping malls.”

The URA’s decision to take control of the retailer’s Ugandan operations, and give itself first priority on all income, is set to exacerbate Nakumatt’s troubles with other creditors who are already short on patience.

READ: Factory that turns maize cobs into gold

Nakumatt was expecting a six-week phased injection of Sh7.7 billion from an unnamed private equity fund beginning March.

Failure to secure the funding has caused widespread product stockouts and seen it delay employees’ pay, prompting demonstrations and court action from the financially-strained workers.

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Business News

Java to open Sh50m outlet in Machakos

New restaurant expected open in time for December holidays after Kericho and Eldoret branches, with a target of 8 new outlets by year-end.

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Group Chief Executive Officer Ken Kuguru says the expansion is in line with the corporate ambition to grow its national and regional footprint.

Java House has announced plans to set up an outlet in Machakos County, its latest branch outside Kenya’s capital, Nairobi. The outlet will be located at Crystal Rivers Mall and Residences in Athi River, bringing the total number of branches to 56.

Group Chief Executive Officer Ken Kuguru said the expansion is in line with the corporate ambition to grow its national and regional footprint.

Athi River and the wider Machakos County has a burgeoning residential and working population, Mr Kuguru said, adding that that the firm had already signed an agreement with Safaricom Staff Pension Scheme (SSPS), the developers of Crystal Rivers Mall and Residences to invest about Ksh 5o million in its new outlet that will occupy 2,800 square feet.

“We found Crystal Rivers to be a very strategic location for our new restaurant,” he said, “ideally positioned between Nairobi and Machakos, along Mombasa Road and right next to a rapidly expanding residential and commercial area.”

He said Java had sets its eyes on the emerging market which, while already positioned as a weekend outing destination, offered limited choices in Kitengela town. Java be seeking to plug the existing gap in the variety of restaurant offerings in the region.

RELATED: Kenyans drinking too much coffee? 

“Java will fit neatly into the Crystal Rivers Mall whose positioning is nearly similar as a family entertainment and fun destination,” said Mr Kuguru.

The new Java restaurant is expected open before December holidays just after Kericho and Eldoret branches, with a target of opening eight outlets by yearend.

Pension Secretary Richard Gitahi said Safaricom Staff Pension Scheme (SSPS) was keen to get the ‘Tenancy Mix’ correct at Crystal Rivers Mall, which has been positioned as a lifestyle mall, with unique wholesome offers for everyone – Dad, Mum and Kids as well as the business community.

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