{"id":12392,"date":"2012-07-14T00:42:04","date_gmt":"2012-07-13T22:42:04","guid":{"rendered":"http:\/\/www.myza.co.za\/07\/sabmiller-zambia-unit-to-open-90-mln-plant\/"},"modified":"2012-07-14T00:42:04","modified_gmt":"2012-07-13T22:42:04","slug":"sabmiller-zambia-unit-to-open-90-mln-plant","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/sabmiller-zambia-unit-to-open-90-mln-plant\/","title":{"rendered":"SABMiller Zambia unit to open $90 mln plant"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Says $70 million from rights issue<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Plant capacity 100 mln liters beer\/yr<\/p>\n<p><span><\/span><\/p>\n<p><span class=\"articleLocation\">LUSAKA, July 13<\/span> (Reuters) &#8211; Zambian Breweries Plc,<br \/>\na unit of global brewer SABMiller, said on Friday it<br \/>\nplans to begin production at its new $90 million brewery by<br \/>\nmid-November.<\/p>\n<p><span><\/span><\/p>\n<p>Brewers across Africa are building new facilities to ramp up<br \/>\nbeer production and meet growing demand from the continent&#8217;s new<br \/>\nmiddle classes.<\/p>\n<p><span><\/span><\/p>\n<p>Zambian Breweries said the new brewery in Ndola, more than<br \/>\n200 km north of Lusaka, will have an annual production capacity<br \/>\nof 100 million litres, or 267 million million bottles, a year.<\/p>\n<p><span><\/span><\/p>\n<p>The company concluded a rights issue in December through<br \/>\nwhich it raised $70 million of the total financing.<\/p>\n<p><span><\/span><\/p>\n<p>Beer consumption in the poor but fast-growing country<br \/>\nincreased 15 percent in 2010 and was up 31 percent last year.<br \/>\nZambian Breweries accounts for about 90 percent of beer output<br \/>\nin the southern African country.<\/p>\n<p><span><\/span><\/p>\n<p>SABMiller plans to spend up to $500 million a year for the<br \/>\nnext three to five years on building and upgrading breweries in<br \/>\nAfrica.<\/p>\n<p> (Reporting by Chris Mfula; Editing by David Dolan)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Says $70 million from rights issue * Plant capacity 100 mln liters beer\/yr LUSAKA, July 13 (Reuters) &#8211; Zambian Breweries Plc, a unit of global brewer SABMiller, said on Friday it plans to begin production at its new $90 million brewery by mid-November. Brewers across Africa are building new facilities to ramp up beer [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-12392","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=12392"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/12392\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=12392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=12392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=12392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}