Africa: As Europe Drinks Less, Big Alcohol Turns to Africa

Africa: As Europe Drinks Less, Big Alcohol Turns to Africa

As drinking declines in Europe and North America, global alcohol companies are shifting their growth strategy towards emerging markets – including South Africa. Public health advocates warn that increased sales efforts could deepen alcohol-related harm just as the Treasury considers reforms aimed at reducing consumption. When Heineken’s global CEO, Dolf van den Brink, announced his…

Read More
Big changes at Lesaka as Bank Zero deal nears completion

Big changes at Lesaka as Bank Zero deal nears completion

Lincoln Mali JSE- and Nasdaq-listed fintech Lesaka Technologies is involved in a corporate shake-up, including an internal rationalisation of its operating portfolio and an outward facelift of its brand identity. Lincoln Mali, MD for Southern Africa at Lesaka Technologies, said the incorporation of recently acquired Bank Zero into the Lesaka stable – which still requires…

Read More