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Food & Beverage

Bidcorp pleased with recent performance
6th June 2023 By: Tasneem Bulbulia

JSE-listed Bidcorp is “very pleased” with the business’ performance in the four months to April 30, with CEO Bernard Berson saying the business was performing well and delivering a record result to... 


Premier delivers strong yearly performance despite headwinds
6th June 2023 By: Tasneem Bulbulia

JSE-listed Premier Group and its subsidiaries delivered a robust performance for the financial year ended March 31, under dynamic market and trading conditions. The group states that exceptionally... 


Astral Foods to list on A2X
1st June 2023 By: Schalk Burger

JSE-listed poultry producer Astral Foods has announced that its ordinary shares will be traded on A2X with effect from June 7. The company will retain its primary listing on the JSE and its issued... 


PepsiCo South Africa acquires remaining 50% of Futurelife Health Products
30th May 2023 By: Schalk Burger

Food and beverage company PepsiCo South Africa, through its subsidiary Pioneer Foods, will acquire the remaining 50% stake in Futurelife Health Products. It bought an initial 50% interest in... 


Clover's Queensburgh factory
Energy Partners invests R360m in 20-year refrigeration, power and steam services contract for Clover
30th May 2023 By: Schalk Burger

Energy solutions company Energy Partners has constructed a R360-million integrated refrigeration, power and steam plant at dairy company Clover South Africa's Queensburgh factory, which it will... 


One of Tiger Brands' beverage production lines
Tiger Brands taking strain amid loadshedding, rising costs, flat demand
30th May 2023 By: Schalk Burger

The JSE share price of branded food, home care and personal care products manufacturer Tiger Brands fell by nearly 16% on May 30, following the release of its financial results for the six months... 


Research group reports fractional deceleration in South African food inflation
30th May 2023 By: Rebecca Campbell

In its latest “Food Inflation Brief”, the Bureau for Food and Agricultural Policy (BFAP) reported that South Africa’s food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to... 


Famous Brands CEO Darren Hele
Famous Brands’ profit ticks up despite high inflationary environment
22nd May 2023 By: Marleny Arnoldi

Food services franchisor Famous Brands has recorded an uptick in its operating profit for the year ended February 28, to R861-million, from R630-million in the prior year. The group declared a... 


Fries
Potatoes SA welcomes reinstatement of frozen chips antidumping tariff
18th May 2023 By: Marleny Arnoldi

The International Trade Administration Commission of South Africa (Itac) has decided to reinstate import duties on frozen potato chips after tariffs lapsed earlier this year. The decision,... 


Vineyards in South Africa's Western Cape
Vinpro expects 2023 wine grape season to deliver 'excellent' wines
17th May 2023 By: Schalk Burger

The 2023 wine grape season in South Africa commenced harvesting at the usual time in early February, at which point experts were impressed by grape analysis, which showed low pH levels and high... 


A sugarcane plantation
Canegrowers urge govt, industry to resume work on value chain masterplan
10th May 2023 By: Creamer Media Reporter

To safeguard the future of sugarcane growers and the sugar sector as a whole, industry body SA Canegrowers believes it is critical that both government and all industry stakeholders commit to... 


An image of PepsiCo CEO Riaan Heyl
PepsiCo South Africa appoints Riaan Heyl as CEO
8th May 2023 By: Tasneem Bulbulia

Food and beverage company PepsiCo South Africa has announced the appointment of Riaan Heyl as its new CEO, effective May 1, to succeed Tertius Carstens, who is retiring after 29 years with the... 


Truck Trailer Bus and Bakkie Road Freight Association Convention
Yearly convention will address industry priorities
5th May 2023 By: Halima Frost

Industry body The Road Freight Association’s (RFA’s) yearly convention, which will be held later this month, seeks to attract top executives in the trucking, logistics and warehousing sectors to... 


chickens
Astral warns of lower earnings amid loadshedding, high feed costs
3rd May 2023 By: Marleny Arnoldi

JSE-listed integrated poultry producer Astral Foods expects to report an 87% to 92% decrease in headline earnings per share (HEPs) for the six months ended March 31. The company advises that HEPS... 


Potatoes grown at McCain's Farm of the Future in Lichtenburg
McCain showcases Farm of the Future in Lichtenburg
28th April 2023 By: Marleny Arnoldi

Frozen food manufacturer McCain Foods has officially launched the second of three Farm of the Future farms in Lichtenburg, North West. This follows the launch of the group’s first Farm of the... 


Food prices to remain elevated, World Bank report indicates
28th April 2023 By: Tasneem Bulbulia

Global commodity prices are expected to decline this year at the fastest clip since the onset of the Covid-19 pandemic, clouding the growth prospects of almost two-thirds of developing economies... 


Basson announced CEO of new industry body SA Wine
25th April 2023 By: Marleny Arnoldi

The new umbrella body for the wine and brandy industry, SA Wine, has appointed Rico Basson as its CEO, effective June 1. Basson also serves as the MD of another industry body, Vinpro. 


South African sugar cane field
South African food inflation was again up, in March
25th April 2023 By: Rebecca Campbell

The Bureau for Food and Agriculture Policy (BFAP) on Tuesday highlighted, in its latest “Food Inflation Brief”, that South African food and non-alcoholic beverage (NAB) inflation (hereafter,... 


UK commits £4m to address lack of cold chain in Africa
21st April 2023 By: Schalk Burger

The UK has committed to providing developing countries with £4-million to drive down harmful emissions from outdated air conditioning units, cooling refrigeration and cold supply chains. In... 


Poultry sector urged to agree on heat treatment protocol
20th April 2023 By: Schalk Burger

Frozen foods importer, exporter and distributor Hume International said South Africa urgently needs to agree on a heat treatment protocol for mechanically deboned meat (MDM), such as the protocol... 


Sugar cane
Tongaat, Gledhow’s nonpayment of levies, fees result in lower revenue for canegrowers
17th April 2023 By: Marleny Arnoldi

Industry body South African Canegrowers Association (SA Canegrowers) has decried the 8% drop in the final accurate recoverable value (RV) price for the 2022/23 season and asked Industry, Trade and... 


Red wine bottle and grapes on barrel
Vinpro announces wineland tourism data gathering pilot
17th April 2023 By: Marleny Arnoldi

Industry body Vinpro has announced its support for a new wine tourism research pilot programme, which intends to generate tourism intelligence and help wineries use this information to grow their... 


The SAB logo
SAB commits to invest R5.8bn in South Africa this year
13th April 2023 By: Schalk Burger

The South African Breweries (SAB) has announced a R5.8-billion commitment to investment in the South African economy this year in addition to the R11.7-billion invested in the preceding two years.... 


Tiger Brands
Tiger Brands lauches Sensorium, partners for healthier products
13th April 2023

Fast moving consumer goods manufacturer Tiger Brands launched a new centre to promote research and innovation within the groups various divisions on March 16. 


Lactalis invests R140m in powder facility to boost skimmed milk production capacity
11th April 2023 By: Schalk Burger

Dairy producer Lactalis South Africa has invested R140-million in a new evaporator dryer powder plant facility at its cheese manufacturing plant in Bonnievale, in the Western Cape, which will... 


Westfalia avos
Standard Bank helps Westfalia expand its footprint with $100m facility
6th April 2023 By: Creamer Media Reporter

Africa’s largest bank by assets Standard Bank has participated in a $300-million dual-currency revolving credit facility (RCF) extended to multinational fresh fruit and related products supplier... 


Pick n Pay truck
PnP unpacks importance of food waste reduction
31st March 2023 By: Marleny Arnoldi

Grocery retailer Pick n Pay (PnP) has managed to reduce the volume of food waste in its operations by 28% in the past four years. The company is working towards reducing food waste by 50% by 2030.  


Container ship
Report highlights costs of South Africa’s ‘opaque and lethargic’ tariff investigations
29th March 2023 By: Terence Creamer

A new report into ongoing tariff investigations in South Africa indicates that it is taking an average of 22 months to finalise decisions on whether to either increase or remove an import duty,... 


White bread
Commission zooms in on poultry products, bread prices in latest EFPM
28th March 2023 By: Marleny Arnoldi

The Competition Commission notes in its latest ‘Essential Food Pricing Monitoring (EFPM)’ report for 2021 and 2022 that maize meal, sunflower oil and white and brown bread had seen opportunistic... 


South African food inflation still running high in February
28th March 2023 By: Rebecca Campbell

South African food and non-alcoholic beverage (hereafter: food) inflation jumped 1% in month-on-month terms in February, the Bureau for Food and Agricultural Policy (BFAP) has reported. In... 


A bakery
Diesel refund does not cover all of the food value chain – FASA
27th March 2023 By: Schalk Burger

Industry organisation the Franchise Association of South Africa (FASA) is concerned that giving relief to only one section of the food chain, namely food manufacturers, is unfair to retailers,... 


Oceana to list on the A2X
27th March 2023 By: Creamer Media Reporter

Diversified fish protein company Oceana Group has been approved for a secondary listing on A2X Markets in South Africa, with its shares to be available for trade on A2X from April 3. “From an... 


Premier rises in Johannesburg as billionaire Wiese’s Brait lists food unit again
24th March 2023 By: Bloomberg

Premier Group rose from its listing price as the company, which makes South African staples such as Blue Ribbon bread and Snowflake flour, started trading on Johannesburg’s stock exchange Friday.... 


A sugar mill
Major sugar mill in KwaZulu-Natal enters business rescue
22nd March 2023 By: Marleny Arnoldi

The Gledhow sugar mill in Stanger, KwaZulu-Natal, which services more than 245 sugarcane growers, has been placed in business rescue. Industry body the South African Cane Growers Association (SA... 


the sensorium
Tiger Brands rethinks product innovation with launch of head office-based Sensorium
17th March 2023 By: Donna Slater

Fast-moving consumer goods (FMCG) producer Tiger Brands has launched a new multipurpose centre – the Sensorium, which is designed and intended to foster a culture of innovation in the business and... 


A portrait photo of Navisha Bechan-Sewkuran from Mondelēz International who is committed to inspiring consumers to snack mindfully
Nutrition programme delivering the goods
17th March 2023

South African learners and schools continue to benefit measurably, meaningfully as a result of holistic health and nutrition initiative the Health in Action (HIA) programme. The number of children... 


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