KBL TO EXPORT CHIBUKU TO SA

Announcing the results for subsidiary, Sechaba Brewery Holdings Limited (SBHL) on Thursday, KBL managing director Johan de Kok, said the group is planning to export Chibuku to South Africa because the Botswana market is limited.

"We are cooperating with the government concerning the closure of our depots because we can not keep on running at a loss," said De Kok. He said the total alcoholic beverages sales declined by 13 percent, with Chibuku and Phafana leading by 24.6 percent." Our alcoholic beverages brands were 13 percent below last year as a result of the Chibuku sales decline. The trading environment for alcohol-related products remain challenging as the impact of high levy felt by consumers," he said.