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JSE-listed integrated poultry producer Astral Foods has reported improved results for the six months ended March 31, on the back of its “reset, refocus and restart campaign” which was launched in...
New Delhi-based multinational Varun Beverages says its acquisition of South African entity BevCo and its subsidiaries, valued at close to R3-billion, is set to expand its African footprint and...
South African banking group Absa and the International Finance Corporation (IFC – part of the World Bank group) will jointly provide a commodity trade finance facility, worth up to $60-million, to...
The International Trade Administration Commission (Itac) has asked the South African Reserve Bank to impose provisional duties on imports of active yeast originating in or imported from Zimbabwe...
The Competition Tribunal has conditionally approved the proposed merger whereby subsidiaries of JSE-listed seafood and aquaculture company Sea Harvest intend to acquire certain subsidiaries of...
A consortium led by private equity firm Alterra Capital Partners and including broad-based investment holding company the Mineworkers Investment Company (MIC) and independent private equity house...
Africa’s largest food processing company, Tiger Brands, has unveiled a new peanut butter manufacturing facility for its Black Cat brand in Krugersdorp, which marks the single-largest capital...
After not paying levies owed to the South African Sugar Association (Sasa) since October 2022, sugar producer Tongaat Hulett has again been ordered by the Durban High Court to pay the outstanding...
The World Bank has outlined in a report the actions that every country can take to make the global agrifood system more sustainable and achieve markable reductions in greenhouse-gas (GHG)...
Against the backdrop of a high unemployment rate among South Africa’s youth, beermaker South African Breweries (SAB) has launched the first edition of its SAB Talent Challenge. The SAB explains...
Coca-Cola is gearing up for a potential initial public offering (IPO) of its African bottling business as soon as next year after previously putting the plans on hold, people with knowledge of the...
Integrated poultry producer Astral Foods has advised that its earnings per share (EPS) for the six months ended March 31 will increase by between 465% and 475% year-on-year. This will result in...
Beverage multinational PepsiCo South Africa's employee share ownership programme Bašumi Trust has received the best governance policies and the most innovative funding model awards at the...
Imameleng Mothebe has been appointed as the new CEO of the Association of Meat Importers and Exporters of Southern Africa (AMIE) as of May 2. She will succeed outgoing CEO Paul Matthew.
Food processing company Tiger Brands has unveiled a new peanut butter manufacturing facility for its Black Cat brand in Chamdor, Krugersdorp. Having moved from another facility in Randfontein, the...
Five grocery retailers, including South Africa’s Shoprite group, have established a venture fund called W23 Global. W23 Global brings together Ahold Delhaize (US, Europe, Indonesia), Tesco (UK,...
Food processing and packaging solutions company Tetra Pak has reopened its newly renovated factory in Pinetown, KwaZulu-Natal, following an investment of about R500-million. The investment was...
Daybreak Farms, a chicken company controlled by Africa’s biggest fund manager, plans to seek loans to stabilize operations and fix its balance sheet following years of mismanagement. The producer...
Greener food production methods and the avoidance of food waste are required to future-proof Africa’s food supply and to meet the expected future demand for nutrition in a sustainable way, says...
In February 2024, food processing and packaging solutions company Tetra Pak announced several strategic investments designed to improve the recycling capacity for carton packages in the European...
South Africa’s North-West University (NWU) has become the lead host institution for Anglophone African countries in a pan-African initiative launched by the International Atomic Energy Agency...
South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to just as food inflation, for short) decelerated for the third month in succession, in February, the Bureau...
Executives from the South African Poultry Association (Sapa) met with Trade, Industry and Competition Minister Ebrahim Patel last week to discuss, among other matters, tariff rebates on chicken...
Independent think tank, the Bureau for Food and Agricultural Policy (BFAP), believes that the year-on-year (y-o-y) decline in the country’s agricultural sector gross domestic product (GDP) last...
Industry body South Africa Wine has partnered with the South African Grape and Wine Research Institute, the Chenin Blanc Association of South Africa and Stellenbosch University (SU) to advance the...
Consumer packaged goods group Libstar has reported year-on-year declines in its normalised earnings, headline earnings and operating profit for the year ended December 31. Normalised headline...
Demand for drive solutions specialist SEW-EURODRIVE’s energy efficient product offering is currently strong and increasing steadily with end-users in the growing food and beverage industry and the...
Market intelligence specialists IDTechEx reported in February that handbags made of mushroom leather and biodegradable foodware are two examples of how white biotechnology can produce functional...
Leading metal crown manufacturer Coleus Packaging will produce between seven- and eight-billion metal crown closures for bottling companies, breweries and other beverage industry players in South...
African metal crown manufacturer and supplier Coleus Packaging, which hosted a launch event for its new machinery at its Alrode facility in Alberton, in Johannesburg, in February, aims to enhance...
Following numerous tests that revealed higher than acceptable levels of aflatoxin, food and beverage company Clover has recalled 10 776 units of its Go Nuts Peanut Butter 400 g. The recall by...
The South African Poultry Association (SAPA) says it is puzzled by the International Trade Administration Commission’s (Itac’s) recommendation to Trade, Industry and Competition Minister Ebrahim...
JSE-listed integrated poultry producer Astral Foods has disposed of its 9.8% interest in Quantum Foods for R141.7-million. “At the time Astral acquired the 9.8% equity stake in Quantum Foods in...
Following a challenging 2022 financial year, JSE-listed vertically integrated seafood company Sea Harvest has managed to grow its earnings before interest and taxes (Ebit) by 15% to R576-million in...
JSE-listed consumer goods group RCL Foods has posted a 48% year-on-year increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R1.5-billion for the six months ended...
JSE-listed retailer Spar Group is undertaking several initiatives to curb the environmental impact of plastic packaging materials. This commitment aligns with the group’s dedication to phasing out...
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