Sunday, June 6, 2010

East African Breweries to Distribute Diageo’s Wines

By Eric Ombok

May 31 (Bloomberg) -- East African Breweries Ltd., the Kenyan unit of Diageo Plc, will distribute Diageo’s Blossom Hill wine range in Kenya.

The wines will initially only be available in the capital, Nairobi, EABL Venture Ltd. Managing Director told reporters in the city today. They will then be introduced in neighboring Uganda and Tanzania, Ithau said. East African Breweries created Tanzania-based EABL Venture on Sept. 8, 2008 to spearhead expansion of its spirits business.

East African Breweries, which controls about 95 percent of the Kenyan beer industry, is targeting market share of as much as 20 percent within the first year, she said. “Ten percent is the minimum we are going for,” Ithau said.

Kenya, whose economy is East Africa’s biggest, is estimated to have a wine market of 6.2 million liters (1.6 million gallons) worth 2.5 billion shillings ($31.3 million), Ithau said. The industry has reported year-on-year growth of about 25 percent, the “fastest-growing category within the alcoholic beverages segment,” Ithau said.

--Editors: Ana Monteiro, Antony Sguazzin.

To contact the reporter on this story: Eric Ombok in Nairobi at eombok@bloomberg.net.
To contact the editor responsible for this story: Antony Sguazzin in Johannesburg at asguazzin@bloomberg.net.

Saturday, June 5, 2010

President Clinton to Travel to Peru and Colombia to Visit Clinton Foundation Projects

New York, NY – On Tuesday, June 8, President Clinton will travel to Lima, Peru. In the morning, President Clinton will tour the Sacro Cuore Eye Institute where potentials candidates for cataract surgery are screened to receive surgery under the program operated by the Clinton Giustra Sustinable Growth Initiative (CGSGI) and the SLIM Foundation. This event is open press.

In the afternoon, he will make an announcement with the City of Lima. He will then sign an MOU and visit the PRA Producers Fair in Lima. This event is open press.

On Wednesday, June, 9, President Clinton will travel to Colombia. In the morning, he will make an announcement and hold a press conference in Bogotá. Later, he will visit a trade fair and tour a training facility in Soacha. Both are open press.

In the afternoon, he will travel to Barranquilla, Colombia, where he will visit a skills-training facility. This event is open press.

Tuesday, June 8, 2010

11:45AM CST President Clinton makes an announcement with the City of Lima Estación Central Av. Grau Lima, Peru Call Time: 10:45 AM CST OPEN PRESS

1:00 PM CST President Clinton tours the Sacro Cuore Eye Institute Av. Grau 228-248 Miraflores Lima, Peru Call Time: 12:15 PM CST OPEN PRESS

1:45 PM CST President Clinton signs an MOU and visits the PRA Producers Fair in Lima Museo del Sitio Lima, Peru Call Time: 12:45 PM CST OPEN PRESS

Wednesday, June 9, 2010
11:00 AM CST President Clinton makes an announcement and holds a press conference in Bogotá Avenida El Dorado No. 68D-35 Bogotá, Colombia Call Time: 10:00 AM CST OPEN PRESS

12:45 PM CST President Clinton visits a trade fair and tours a training facility in Soacha SOACHA Facility Techno Parque del Sena Calle 8 No. 6-59, Entrada 3 Zona Industrial de Cazuca Soacha, Colombia Call Time: 11:45 AM CST OPEN PRESS

5:00 PM CST President Clinton visits a training facility in Barranquilla Gente Estrategica Training Facility Carrera 57 No. 72-121 Barranquilla, Colombia Call Time: 4:00 PM CST OPEN PRESS
###