South Africa’s Distell eyes expansion in China and Latin America

South Africa’s Distell eyes expansion in China and Latin America Growth-hungry South African drinks maker Distell is looking at both China and Latin America for further expansion, although the African continent – which bolstered its results for the first half of the year – remains its main focus. The company, which makes wines, spirits and ciders, is in the early stages of an ambitious expansion plan as it looks to become Africa’s premier drinks brand. It said previously that it wants to expand in one major emerging market. Reuters reports.   Roberto Campos Neto sworn in as new Brazil central bank chief Roberto Campos Neto, a 49-year-old Brazilian banker, financial market trader and U.S.-trained economist, was officially sworn in as […]

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