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Commonwealth News

Heineken to acquire South Africa’s Distell and Namibia Breweries

Heineken to acquire South Africa’s Distell and Namibia Breweries

Heineken agrees to buy South Africa's Distell Group Holdings for $2.5 billion and a majority stake in Namibia Breweries Ltd to form a southern Africa drinks group worth $4.6 billion. The expansion is expected to restore profit margins and boost earnings. This...

Rwanda President Kagame invites PM Modi to CHOGM summit in Kigali

Rwanda President Kagame invites PM Modi to CHOGM summit in Kigali

Rwanda’s President Paul Kagame invites Indian Prime Minister Narendra Modi to participate in the next Commonwealth Heads of Government Meeting (CHOGM) summit during a call by Minister of State for External Affairs V. Muraleedharan in Kigali. The two sides also...

SBM Offshore wins ExxonMobil FPSO order for Yellowtail off Guyana

SBM Offshore wins ExxonMobil FPSO order for Yellowtail off Guyana

Exxon’s Yellowtail development project marks the fourth floating production, storage and offloading (FPSO) to be deployed in Guyana. ExxonMobil has selected Dutch conglomerate SBM Offshore to construct, install and lease the FPSO after approvals for the next two...