KBL, BBL merger to deliver growth prospects
Wednesday, May 15, 2013
The two entities operate as a single entity under the name Kgalagadi Breweries Limited. The merger has been described as necessary for future survival and profitability. Speaking at the company's 40th anniversary celebrations in Gaborone, De Kok said the merger, which took effect April 9, 2013 "presents opportunities for rationalisation of depots and operating plants as well as provide increased potential to leverage scale across the new entity and increase efficiency and extract other than enhancing business benefits and synergies.
As a result, it has been announced that the new entity will now operate four divisions being the manufacture, distribution and sales of clear beer, soft drinks and traditional opaque beer respectively and also importation, distribution and sales of alcoholic beverages and soft drinks".
A young man suspected of breaking into a car was seized by residents, severely assaulted, and died in the hospital within an hour. We unreservedly condemn this mob justice. It is not a solution to crime, but a criminal offence that turns citizens into murderers.Residents are understandably angry about theft. The person who raised the alarm at 4am acted lawfully, and the neighbours who rushed to help showed community spirit. But what followed was...