According to the local company, Heineken wants to buy a majority of theirbusiness.
Distell is no small-scale company, the manufacturing giant owns popular brands like Savanna, Hunter’s and Klipdrift.
Due to the impact of the pandemic and other factors, Heineken took a hit in sales.
Heineken are looking to purchase Distell, the manufacturer of Hunter’s and Savanna. Image: FlickrSource: Depositphotos
The company is slowly emerging from the crisis.
Earlier this year, the company released 8 000 employees.
Heineken has performed well in SouthAfricadespite the ongoing alcohol bans.
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Absa is the lead arranger and the senior lender for the multi-billion rand project.
The bank said that the project is part of the countrys renewable energy programme.
A CSP tower plant uses mirrors to generate electricity from a large area of sunlight.
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The energy is then converted into thermal energy for power.
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She has worked at Independent Media and 1KZNTV and has contributed columns to the Washington Post.
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