Industry Developments

Tanzanian regulatory authorities have cleared Diageo's East African Breweries Ltd (EABL) unit to complete a majority equity investment into Serengeti Breweries - Tanzania's second largest... 2010-07-30

BMI has revised its food consumption and mass grocery retail (MGR) forecast methodology for Saudi Arabia. Now even more closely aligned with our Middle East and North Africa (MENA)... 2010-07-29

Consumer spending in the UAE, and in Dubai in particular, remains weak. While forecast real GDP growth of 4.8% for 2010 suggests support for a strong bounce in spending, growth will... 2010-07-28

Boasting neither a high-spending consumer nor a large market, Lebanon has largely slipped under the radar over the past few years as investment into food and drink (F&D) has picked... 2010-07-27

Further emphasising copper-rich Zambia's appeal to South African mass grocery retailers (MGRs), Pick 'n' Pay plans to invest US$25mn over the next five years. Although it is competing... 2010-07-26

Pulled down by very weak volumes in emerging Europe (down 9% year-on-year (y-o-y), SABMiller's Q110 (three months to June 30 2010) organic volumes dipped 1% y-o-y. Africa (excluding... 2010-07-23

The UAE-based parastatal food and drink company Emirates Foodstuff and Mineral Water Company (Agthia) has reported a 5% year-on-year (y-o-y) increase in consolidated sales for H110.... 2010-07-22

We believe that Qatar could potentially depose the UAE (specifically Dubai) as the Gulf region's most premiumised and segmented consumer market over the next few years. With a 2009... 2010-07-20

With consumer confidence still broadly weak - reflecting the ongoing strain of the 2009 downturn on household finances and an official unemployment rate of about 25% - despite the recent... 2010-07-16

BMI continues to put out a strong view on the Ghanaian consumer, with the country's food and drink industry emerging as arguably West Africa's most promising long term. Counting on... 2010-07-15