Monthly Archives: February 2022

Monster Beverage And Constellation Brands Merger Could Shake Up The Beverage Landscape

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When it was announced last month that Monster Beverage was acquiring the CANarchy Craft Collective for $330 million, most thought that that meant that their possible merger with Constellation Brands was off the table. Well, it appears that the two companies are still in talks and that a potential deal may be announced in the next few weeks. First reported by Bloomberg,

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SAB wants excise tax relief – otherwise it may invest in African countries other than SA

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South African Breweries (SAB) is calling on government to adjust the excise tax rate in line with inflation in this week’s budget, saying it may have to look to other African countries for investment if it doesn’t get the relief and certainty it seeks.  Fatsani Banda, economic and excise specialist at SAB, said having a clear excise policy and an

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