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tdp2664 E money daily SABMiller plc (LON:SAB) has launched its first ever cassava lager in Mozambique. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full SAB chart at Wikinvest SABMiller plc (LON:SAB) Increases Mozambique Product Lines SABMiller plc (LON:SAB) has announced the launch of the first ever commercial-scale cassava-based beer. This launch marks SABMiller plc (LON:SAB)'s ambition to create a portfolio of high-quality, affordable beers made using locally-sourced raw materials for lower income consumers in Africa. Mark Bowman, managing director of SABMiller Africa, said that,"SABMiller plc (LON:SAB) estimate that the volume of the informal, unregulated alcohol market across Africa could be up to four times that of the formal market. By using locally-sourced raw materials, we are able to create high-quality, affordable products for consumers who would otherwise be drinking informal or illicit alcohol. At the same time, Africa's agricultural potential is enormous, but currently under-exploited. The private sector has a critical role to play – by creating market opportunities for subsistence farmers in our value chains, SABMiller plc (LON:SAB) is able to increase their productivity allowing them to feed their families and generate an income for the first time." SABMiller plc (LON:SAB) stocks stood at 2195 at the end of the last trading session. Price History Last Price: 2195 52 Week Range: 1,857.50- 2,372.00 Last Vol: 485985 3 Month Vol: 2603320
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