Africa Connected

King of pop making headway in Mozambique

On her final stop in Mozambique for Africa Connected, South Africa’s leading journalist, Nikiwe Bikitsha met with the Managing Director of the world’s most recognised brand – Coca-Cola to discuss their decision to invest in the country.

Establishing operations in 1994 as a joint venture between the South African bottling company and the Mozambican government, Coca-Cola’s optimism about the country’s future has encouraged them to invest over 200m dollars over the last few years.

Whilst business is growing, the fizzy drink giant hasn't had it easy.

I’ve worked in many markets around the world and Mozambique is probably the most challenging.

Simon Everest, Managing Director at Coca-Cola Sabco

Hit by the harsh economic climate, the company felt a severe decline when prices had to be raised. Another challenge was the change in the exchange rate between the rand and the metical, which saw South African products become more expensive in relation to those produced in Mozambique.

Whilst consumption of Coca-cola’s products is low in comparison to the rest of the world, the company’s belief in the Mozambique’s potential will keep them around for the long haul.

Click here to access the Africa Connected portal or click below to watch Nikiwe's full interview with Simon Everest...


Recommended

by THE NEWSROOM
Read More
Mauritius is fast becoming Africa’s textile hub

Mauritius is fast becoming Africa’s textile hub

The textile industry has helped transform the Mauritian economy - constantly evolving to meet the world's needs.

The University of the future has African roots

The University of the future has African roots

With a fresh approach to new age tertiary education, the doors of learning are wide open at African Leadership University.

Profiting from Paradise? Here’s why Mauritius comes out tops

Profiting from Paradise? Here’s why Mauritius comes out tops

Mauritius has built a good reputation for moving efficient in terms of innovation and implementation.

Buckle up, young entrepreneurs are doing it for themselves

Buckle up, young entrepreneurs are doing it for themselves

Just a few years ago, Karrim Abbasakoor took the leap and left corporate Mauritius to venture into entrepreneurship.

Mauritius is inviting the world for an authentic Creole (business) lunch

Mauritius is inviting the world for an authentic Creole (business) lunch

Greeted with a warm welcome, Nikiwe sits down with the owner of a local eatery to chat about traditional Creole food.

Make Mauritius your second home

Make Mauritius your second home

Nikiwe visits Intercontinental Trust Limited to explore investment opportunities in Africa’s top holiday destination, Mauritius.

Popular articles
Signal jammers and other devices confiscated at China Mall

Signal jammers and other devices confiscated at China Mall

Several communications devices were confiscated from businesses in a raid by Icasa at China Mall on Wednesday.

Trump confirms his first visit to Africa

Trump confirms his first visit to Africa

United States President Donald Trump has disclosed his first stop on an African visit.

Former Body Beat TV host Dr Phil Joffe catches up with Afternoon Drive team

Former Body Beat TV host Dr Phil Joffe catches up with Afternoon Drive team

Dr Phil Joffe presented SABC's famous Good Morning South Africa breakfast show for ten years, from 1989- 1998.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.