• Accoutable government

    Mandi Smallhorne says government should be taken to court for its wasteful expenditure.

  • Inside Labour

    Terry Bell explores the connection between poultry, poverty and desperation.

  • A new ANC sweeper?

    Have the Guptas' new auditors mastered how to look the other way on cue, asks Solly Moeng.

All data is delayed
See More

SABMiller opens $100m brewery in Nigeria

Aug 30 2012 12:12
I-Net Bridge

Company Data


Last traded 888
Change 20
% Change 2
Cumulative volume 2159577
Market cap 0

Last Updated: 03-05-2016 at 05:00. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Rand hedge stocks retain their worth

SABMiller lager, soft drink volumes up

Africa's beer thirst

MillerCoors Q2 net income up 9% to $436m

SABMiller earnings up 12%

Castle Lite a hit among drinkers

Johannesburg - Brewing giant SABMiller [JSE:SAB] is to formally open a new brewery in Onitsha‚ south-eastern Nigeria - the company’s first "greenfield" brewery facility to be built in that country.

Nigerian President Dr Goodluck Ebele Jonathan will attend the opening ceremony at around midday local time on Thursday and will formally commission the new brewery‚ the company said in a statement.

Work began on the Onitsha site in 2011 following an investment of over $100m‚ making it the largest single investment in Anambra State for almost 20 years.

The communities in Onitsha and surrounding towns stand to benefit significantly through the creation of employment and through indirect commercially-related activities and support services.

Immediate direct job creation will see 180 local people employed‚ with that number increasing to approximately 450 as production volumes grow.

Local raw materials such as sorghum and maize will be used where possible supporting the local economy and the Government’s efforts toward poverty eradication and job creation‚ SABMiller said.

The new brewery will commence production of beer and malt with an annual capacity of up to 500 000 hectolitres.

The initial brand to be brewed will be newly launched Hero Lager‚ followed by other brands including Trophy Lager‚ Grand Lager and non-alcoholic malt beverages Grand Malt and Beta Malt.

Mark Bowman‚ managing director of SABMiller Africa‚ said: “Over the past five years we have invested over $1bn in Africa.

"Today’s opening is an indication of our commitment to increase our capacity further and to consolidate our position on the continent whilst contributing positively to the local communities in which we operate.”

The Onitsha brewery brings SABMiller’s total number of sites in Nigeria to four‚ having first entered the market in 2009 through its strategic alliance with Castel.

Nigeria is Africa’s second-largest beer market and is growing at around 6% per annum.

However‚ average per capita consumption is still relatively low at around 10 litres per year which compares to an average of around 60 litres in Africa’s largest beer market‚ South Africa.

SABMiller’s portfolio of brands in Nigeria includes Grand Lager‚ Trophy Lager‚ Castle Milk Stout‚ Castle Lager‚ Eagle and Redds.

*Follow Fin24 on Twitter, Facebook and Google+.

nigeria  |  alcohol  |  beer


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The drop in inflation:

Previous results · Suggest a vote