Anheuser-Busch InBev plans to launch Budweiser in SA, it said in its March quarter results on Thursday morning. The group’s overall revenue grew 3.7% to $12.9bn from the matching quarter in 2016. Its South African business, gained via its acquisition of SABMiller, grew revenue by "mid-single digits" despite a 1.6% decline in beer volumes. Anheuser-Busch InBev blamed the drop on "the timing of Easter". "Castle Lite continues its strong growth in the core plus segment with packaging innovations aimed at improving convenience for in-home consumption. Core brands recovered some of the prior year volume losses to cheap wines and spirits through our commercial initiatives," the company said in its statement. "The business is well-positioned to grow our global brands, with Stella Artois and Corona already present in the market and plans to launch Budweiser later in the year." The world’s largest brewer also suffered volume declines in the US and Colombia, which were partly offset by gains ...
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