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Food & Beverage News

Astral Foods secures emergency water arrangement for Mpumalanga facility

By: Simone Liedtke 24th June 2019 Poultry producer Astral Foods has recently, with the assistance of a number of national government departments, secured an emergency arrangement with the Lekwa municipality as an interim measure to stave off the water crisis affecting its Goldi poultry processing facility in Standerton,... →

Libstar increases its competitiveness with new par-baked goods offering

By: Simone Liedtke 24th June 2019 Food and beverage producer Libstar Group has further increased its competitiveness by expanding its facilities to meet client requirements by converting a section of the group’s Amaro Foods facility, in Epping, into a par-bake facility. →

Vasari to invest $100m in African breweries

By: Marleny Arnoldi 21st June 2019 Alcoholic beverage investor Vasari Beverages has completed a $100-million capital raise to fund the expansion of its existing beverage operations in Ethiopia, as well as to pursue new acquisitions and greenfield development opportunities across Africa and Asia. Vasari, majority owned by CEO... →

AMIE calls on government to lead formulation of a national poultry strategy

By: Tasneem Bulbulia 14th June 2019 The right of South Africans to access a prime source of dietary protein must outweigh the factional interests of sectors of the poultry producing industry, the Association of Meat Importers and Exporters (AMIE) said on Friday, when it called on government to arbitrate in the brewing tariff battle... →

Nestlé launches R&D innovation challenge in South Africa

By: Tasneem Bulbulia 13th June 2019 Nestlé on Thursday launched a research and development (R&D) innovation challenge in South Africa as part of the company’s efforts to contribute to the local innovation ecosystem. Nestlé’s goal is to work collaboratively with startups and universities to identify sustainable and scalable science... →

Tongaat’s shares suspended amid ongoing review

By: Tasneem Bulbulia 10th June 2019 Trading in Tongaat Hulett’s shares on the JSE and LSE has been suspended at the request of the company. This is as a result of the previously announced delay in the publishing of the company’s financial statements and the continuing review into past financial practices and follows further... →

Dickon Hall Foods underpins Libstar’s strategy to mitigate tough customer landscape

6th June 2019 Food and Beverage company Libstar Group’s Dickon Hall Foods facility will allow the company to not just increase its customer relationship advantage but also allow it to develop additional channels. Simone Liedtke tells us more. →

Dickon Hall Foods underpins Libstar’s strategy to mitigate tough customer landscape.

Winetech Pitching Den entry deadline extended to June 28

By: Creamer Media Reporter 5th June 2019 Winetech and the South African Innovation Summit have extended the deadline for the Winetech Pitching Den entries to June 28. This is to enable more entrepreneurs to compete and showcase their agritech innovations to the South African wine industry. →

Valves supplier to launch new products

By: Mamaili Mamaila 31st May 2019 South African thermoplastic valves supplier Astore Keymak is engaged in research and development activities with its suppliers to launch new FIP industrial valves for chemical applications every second year. “For aggressive chemical applications, such as sulphuric acids and hydrochloric acids,... →

HIGHLY COMMITTED Astore Keymak remains committed to technology and solutions for the chemical, petrochemicals and industrial space

Impairments drive down Famous Brands’ headline earnings

By: Simone Liedtke 29th May 2019 Branded food services franchisor Famous Brands on Wednesday reported a basic loss a share of 480c for the year ended February 28, while basic headline earnings per share (HEPS) decreased to 319c . This decrease in HEPS was attributable to an impairment of R873.9-million, relating to the Gourmet... →

Famous Brands CEO Darren Hele

Lekwa municipality water supply problems hit Astral Foods poultry processing plant

By: African News Agency 28th May 2019 Integrated poultry producer Astral Foods said on Tuesday the water supply constraints stemming from the deterioration of infrastructure in the Lekwa municipality which supplies its processing plant in Standerton were having significant cost implications for the company. In its recently reported... →

Pumps manufacturer plans further growth after acquisition

By: Halima Frost 24th May 2019 Following the acquisition of South Korea-based sanitary pump manufacturer JEC Pumps, pump specialist Verder Pumps intends on proliferating its global reach over the next five years, predominantly in the medical and pharmaceuticals industry. JEC Pumps has a sizeable market share in the European... →

STICKY STUFF The JEC brand of pumps is not only hygienic but also capable of pumping a variety of viscous liquids

AB InBev sees Africa investment rising after $200m outlay

By: Bloomberg 23rd May 2019 Anheuser-Busch (AB) InBev sees further African investment after spending about $200-million on the continent since the world’s largest brewer bought SABMiller in 2016, according to CEO Carlos Brito. AB InBev, based in Leuven, Belgium, has invested the bulk of that money in South Africa and... →

Coca-Cola reformulates drinks following tax

By: African News Agency 23rd May 2019 Coca-Cola South Africa has cut the sugar in its drinks by a quarter (26%) since government introduced a tax on sugary drinks, according to Camilla Osborne, Head of Communications for Coca-Cola Southern and East Africa. On 1 April 2018, Treasury imposed a Health Promotion Levy of 2.1 cents per... →

Tiger Brands delivers mixed interim results

By: Tasneem Bulbulia 22nd May 2019 JSE-listed Tiger Brands has delivered a mixed set of results for the six months ended March 31. During the period, the trading environment remained difficult, with continued pressure on →

Rhodes Food interim operating profit rises 6% to R173m

By: African News Agency 21st May 2019 Rhodes Food on Tuesday reported an improved performance for the six months to March, with operating profit up six% to R173-million while turnover increased by 9.3% to R2.7-billion. The Western Cape-based firm, which owns such brands as Rhodes, Bull Brand, Magpie, Squish, Bisto, Hinds and Pakco,... →

Pioneer achieves credible performance in a constrained local market

By: Tasneem Bulbulia 20th May 2019 JSE-listed Pioneer Foods recorded a credible topline performance for the six months ended March 31, in a considerably constrained local consumer market with consequent competitive pressures. Revenue grew by 11.5% year-on-year to R11.04-billion, while sales volumes were up 2.7% year-on-year. →

Coca-Cola ends plan to refranchise Africa bottling unit, keeps majority stake

By: Reuters 20th May 2019 Coca-Cola Co said on Monday it had dropped plans to refranchise its Africa bottling business, Coca-Cola Beverages Africa, and would instead keep its majority stake in the unit for the time being. The US beverage giant had wanted to refranchise the unit as part of its global plan to divest its... →

Inaugural event to highlight local manufacturing capabilities

By: Halima Frost 17th May 2019 The first Local Southern African Manufacturing Expo (LME), which aims to highlight the capabilities of local manufacturers and, subsequently the ability to export, will be held from May 21 to 23, 2019 at the Expo Centre Nasrec, in Johannesburg. The expo will be hosted by the South African Capital... →

CENTRE OF ATTENTION The inaugural Local Southern African Manufacturing Expo is set to feature more than 130 exhibitors

Coca-Cola outlines its work on replenishing water in Africa

By: Kim Cloete 15th May 2019 Multinational beverage company Coca-Cola has outlined its efforts to replenish the water it uses through partnerships and projects across communities in Africa. “The company has made significant strides in improving its water use over the past ten years and recently announced that three-million... →

Court action suspended, parties agree on more transparency in chicken industry

By: African News Agency 15th May 2019 The Association of Meat Importers and Exporters (AMIE) and the South African Poultry Association (SAPA) have agreed to lift the veil of secrecy on "confidential" documents on which the protectionist application on chicken imports is based. In a statement in Wednesday AMIE, which had launched the... →

Clover rises above tough trading environment

By: Tasneem Bulbulia 10th May 2019 JSE-listed Clover continues to increase its markets share in various categories on the back of marketing investments and additional trade support, boding well for its future performance, despite weaker trading conditions than in the previous year. In a statement on Friday, the company indicated... →

AB InBev first quarter revenue rises 5.9%

By: African News Agency 7th May 2019 The world's largest brewer AB InBev said on Tuesday its revenue grew by 5.9% in the first quarter of 2019, driven by healthy volume growth, among other factors. The company said it expected to deliver strong revenue and growth in earnings before interest, taxes, depreciation, and amortization... →

AB InBev plans Asian IPO as brewer seeks to reduce debt

By: Bloomberg 7th May 2019 Anheuser-Busch InBev is weighing an initial public offering of its Asian unit as the world’s largest brewer jockeys for position in a massive consumer market where rivals are piling in via local alliances. The brewer on Tuesday confirmed that it might sell a minority stake in its Asia-Pacific... →

Winemakers pleased with quality of 2019 vintage, despite record low harvest

By: Tasneem Bulbulia 7th May 2019 The 2019 South African wine grape harvest hit a record low, largely owing to the preceding drought and fluctuating weather conditions during the season; however, winemakers are positive about the quality of this year’s vintage, Vinpro said in a statement on Monday. Vinpro is a nonprofit company... →

Famous Brands’ earnings fall on impairments

By: Simone Liedtke 6th May 2019 JSE-listed franchiser Famous Brands on Monday said it was likely to report a basic loss a share of between 432c and 528c for the financial year ended February 28, compared with the earnings per share (EPS) of 22c reported for the prior financial year. This decrease in EPS was attributed to an... →

Biggest grocers to use blockchain for food safety, traceability by 2025 – Gartner

By: Tasneem Bulbulia 3rd May 2019 Gartner expects that, by 2025, 20% of the top ten global grocers by revenue will use blockchain for food safety and traceability to create visibility to production, quality and freshness. The company indicated in a media release issued this week that yearly grocery sales are on the rise in all... →

Sugar industry advised to diversify product offering, enter niche product markets

By: Marleny Arnoldi 29th April 2019 Trade and Industry Minister Dr Rob Davies and the South African Cane Growers Association have agreed that increases in sugar imports in South Africa have an unavoidable impact on the competitiveness of the local sugar industry and that certain measures were necessary to restore its... →

Poultry association says importers should support local jobs

By: African News Agency 25th April 2019 The South African Poultry Association (SAPA) said on Thursday it was concerned about what it called irresponsible claims by a consumer protection body and a new organisation for black chicken importers and exporters in support of predatory trade from Brazil, at the expense of local jobs. Last... →

Tongaat to restate prior results after review

By: Reuters 24th April 2019 South African sugar producer Tongaat Hulett said on Wednesday it expects to restate prior financial information, after a review showed some accounting practices that might require remedial action. "The implementation of a turnaround plan resetting the financial and commercial priorities,... →

Petrol, bread and cereals drive CPI up to 4.5% in March

By: Marleny Arnoldi 18th April 2019 The annual headline consumer inflation accelerated to 4.5% in March, from 4.1% in February, owing to another 74c fuel price hike in the same month. Land Bank economist Tebogo Mashabela on Friday commented on Statistics South Africa’s Consumer Price Index release, pointing out that the fuel... →

Higher import tariffs on chicken will hurt poor consumers – EBieSA

By: Tasneem Bulbulia 17th April 2019 The Emerging Black Importers and Exporters South Africa and the South African National Consumer Union say raising tariffs on imported chicken could hike local chicken prices by up to 32%, putting South African consumers under further financial strain and impacting on food security for the poor.... →

Class action summons issued against Tiger Brands

By: Nadine James 17th April 2019 Packaged goods company Tiger Brands on Wednesday confirmed receipt of a summons in respect of a class action lawsuit seeking damages for the 2018 listeriosis outbreak. The Johannesburg High Court granted a certification order in December 2018, authorising the issue of a summons in a class action... →

Libstar to drive in-depth analysis, new product innovation at Dickon Hall Foods facility

By: Simone Liedtke 16th April 2019 Amid a tough customer landscape, food and beverage producer Libstar Group intends to drive in-depth analysis of category gaps and new product innovation – particularly through its Southdale-based Dickon Hall Foods facility – this year to increase its customer relationship advantage and develop... →

Brimstone to exit Clover deal on anti-Israel pressure

By: Bloomberg 12th April 2019 Brimstone Investment Corporation will exit a deal led by an Israeli company to buy a stake in South Africa’s biggest dairy producer after protests by a pro-Palestinian activist group. The investment holding firm is in “advanced talks” with a replacement shareholder that could see it exiting its... →

Projects in DRC keep local businesses afloat

By: Khutso Maphatsoe 12th April 2019 With a lack of investment and new projects locally, stainless steel fabricator Vessel Fab has expanded its offering into Africa and has been working on a few projects in the Democratic Republic of Congo (DRC) and its neighbouring countries. Over the past decade there has been an exponential... →

Photo by Creamer Media
EXCLUSIVELY MANUFACTURED PRODUCTS The company provides custom-built products based on client designs and specifications

Mondelēz to add Cocoa Life symbol to its chocolate products

By: Chanel de Bruyn 3rd April 2019 Global snack maker Mondelēz International has announced plans to add the message “Helping Farmers to Grow” on its chocolate products. The company indicated that this means it will not only consider commercial imperatives but also environmental, social and ethical factors when choosing where to... →

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