KBL profits double as consumers guzzle 70.7m litres in six months

Thursday, October 03, 2019

Alcohol consumers PIC. THALEFANG CHARLES

Kgalagadi Breweries Limited sold 70.7 million litres of alcohol in the first six months of the year, a six percent increase on the corresponding period last year.

The strong volumes were supported by the reduced alcohol levy and relaxed liquor trading hours ushered in by the Masisi administration.

In its financials for the half year ended June 30, 2019, Sechaba Brewery Holdings Limited, which owns 60% of KBL, said the stronger volumes were largely across the various products the alcohol manufacturers produces. Only traditional beer sales were down in the first six months.

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