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Food & Beverage News

Tiger Brands says FY earnings to fall as much as 30%

By: Reuters     9th November 2018 Tiger Brands expects full year headline earnings per share to fall between 25% and 30% compared with the previous year, the food group said on Friday, sending its shares 3% lower. In August, the company had forecast headline earnings per share, excluding costs from a disposal of its Haco business... 

Bearings mitigate health concerns in F&B industry

By: Paige Müller     9th November 2018 Amid stringent health and hygiene standards in South Africa’s food and beverage industry, bearings and power transmission products distributor, Bearings International (BI), offers the industry a bearing solution that will ensure the highest health and hygiene standards in food processing plants.... 

Bearings mitigate health concerns in  F&B industry
HIGH-PRESSURE READY All KML bearings housing units have smooth surfaces that can be cleaned easily with high-pressure washing equipment

SAB, AB InBev Africa open second production line at PE brewery

By: Marleny Arnoldi     8th November 2018 South African Breweries (SAB) and AB InBev Africa have invested R438-million in installing a second production line at the Ibhayi brewery in Port Elizabeth. The new 6 000 m2 packaging line for returnable glass bottles can produce 34 500 bottles an hour, in 910 mℓ and 1 ℓ sizes, equating to an... 

SAB, AB InBev Africa open second production line at PE brewery

Karan Beef, I&J face charges over alleged cartel conduct

By: Marleny Arnoldi     29th October 2018 The Competition Commission has referred to the Competition Tribunal the prosecution of beef processing companies Irvin & Johnson (I&J) and Karan Beef for alleged cartel conduct. The two companies have been charged with dividing markets in the supply of processed beef products, such as beef... 

McDonald’s SA to invest R3bn in opening 120 new restaurants in 5 years

By: Marleny Arnoldi     29th October 2018 Fast food franchise McDonald’s South Africa (McDonald’s SA) has committed to investing R3-billion in South Africa over the next five years. This was announced at the South African Investment Conference, held in Johannesburg, last week.  

McDonald’s SA to invest R3bn in opening 120 new restaurants in 5 years

Famous Brands posts H1 organic growth, despite pressure on some business segments 

By: Marleny Arnoldi     29th October 2018 JSE-listed franchiser Famous Brands on Monday reported strong organic growth by its brands in the South Africa and Africa and Middle East (AME) regions during the six months to August 31. Operating profit for the first half of the financial year was up 3.9%, at R421.8-million, compared with... 

Prototype soil sampling device being tested for use in agriculture

By: Schalk Burger     26th October 2018 A cost-effective, handheld soil and water chemical testing device for use in agriculture is being developed and tested by information technology research subsidiary IBM Research, says IBM Research Brazil Industrial Technology & Science manager Dr Mathias Steiner. The AgroPad is a business... 

Prototype soil sampling device being tested for use in agriculture
AGROPAD SCAN Farmers can gain meaningful information to optimise conditions to grow a specific crop

Anheuser-Busch InBev third quarter revenue up 4.5%

By: African News Agency      25th October 2018 The world's largest brewer Anheuser-Busch InBev said on Thursday its revenue grew by 4.5% in the third quarter, while total volumes were up 0.2%. AB Inbev said ​good growth in own beer volumes achieved in Europe, Mexico and many African markets during the quarter were partially offset by Brazil... 

PIC buys into Africa's biggest feedlot in $365m deal

By: Bloomberg     24th October 2018 The Public Investment Corporation (PIC) and black economic empowerment group Pelo Agricultural Ventures agreed to pay as much as R5.2-billion ($365-million) for a majority stake in Karan Beef, which operates the continent’s largest cattle feedlot and abattoir. Founded by the Karan family on their... 

Dairy firm Clover says in takeover talks, shares jump

By: Reuters     19th October 2018 Clover Industries said on Friday it has entered into talks with an unnamed party that intends to acquire the entire issued share capital of the dairy company, sending its shares up nearly 12%. Clover, which processes products including yoghurt, beverages, cheese and olive oil, did not provide... 

Coca-Cola says all containers to be made from recyclable materials by 2025

By: Schalk Burger     19th October 2018 Beverages multinational subsidiary Coca-Cola Southern and East Africa (CCSEA) continues to reduce the weight of its bottles and has committed to recovering the equivalent of 100% of  all its packaging by 2025, says CCSEA head of sustainability Dr Casper Durandt. These commitments are part of... 

Better recycling requires pact with consumers

By: Schalk Burger     19th October 2018 While commercial companies continue to work to reduce the impact of their products on the environment, improving the recycling of polyethylene terephthalate (PET) requires the involvement and understanding of consumers, said recycling company Mpact GM Nicholas Schild. PET recycling rates in South... 

Packaging system saves about 76% of plastic

19th October 2018 Brewery company Carlsberg Group has switched to packaging solution Nature Multipack which is aligned to its new industry-leading sustainability programme called ‘Together towards Zero’ to be implemented by 2030. Being an innovation of global company KHS subsidiary NMP Systems, Nature Multipack... 

Packaging system saves about 76% of plastic
GROUND BREAKING The Snap Pack replaces plastic wrapping

Famous Brands sees R874m impairment as UK burger business struggles

By: Reuters     15th October 2018 South African fast-food chain owner Famous Brands, which owns Wimpy, Steers and Debonairs pizza said on Monday it will take a pre-tax impairment charge of R874-million, sending its shares down 7%. The company blamed the impairment on the difficult trading conditions and sustained underperformance... 

Why AB InBev may cut its generous dividend

By: Bloomberg     15th October 2018 Anheuser-Busch InBev is the most generous big food-and-beverage company in the world when it comes to paying cash out to shareholders. That largess could end as soon as next week. The reason? The Belgian beermaker is the most indebted company in the industry, in both absolute terms and relative... 

Tiger Brands reopens processing facility after listeria outbreak

By: Reuters     12th October 2018 Tiger Brands said on Friday it had re-opened a facility that was closed after South Africa's biggest food producer was implicated in the world's largest outbreak of listeria which killed more that 200 people. The health department recalled processed meat products known as "polony" and closed some... 

Dube TradePort continues to inject billions into local economy, job creation – MEC

By: Simone Liedtke     2nd October 2018 The Dube TradePort, which incorporates the King Shaka International Airport, has in the past ten years invested R11.5-billion into the South African economy and created nearly 100 000 jobs, KwaZulu-Natal Economic Development, Tourism and Environmental Affairs MEC Sihle Zikalala said on Tuesday.... 

Durban company called Poison to sell cannabis beer, BD says

By: Bloomberg     2nd October 2018 A South African craft brewery has received funding from a number of well-known Durban-based investors to start making and selling a lager containing cannabis, after the private use of the plant was legalized in the country, Business Day reported. Poison City Brewing investors include RCL Foods... 

Long4Life’s Chill acquisition price set at R481m

By: Simone Liedtke     1st October 2018 The final purchase consideration for JSE-listed Long4Life’s acquisition of beverage producer, packer and distributer Chill Holdings, amounted to R481-million, the company announced on Monday. This amount was based on actual earnings before interest, taxes, depreciation and amortisation of... 

Recycled PET use held back by collection rates

By: Schalk Burger     21st September 2018 Beverage multinational subsidiary Coca-Cola Bottling South Africa (CCBSA) uses 10% recycled polyethylene terephthalate (rPET) and has completed technical and production validation of 25% rPET content, but are constrained by the availability of rPET, Coca-Cola Bottling Gauteng and Inland regional... 

Recycled PET use held back by collection rates

Increased investment in refrigeration model planned

By: Paige Müller     21st September 2018 Core energy utilities provider Energy Partners Refrigeration plans to invest a further R30-million this year still in its increasingly popular refrigeration outsourcing model. Energy Partners Refrigeration CEO Dawie Kriel tells Engineering News that the company’s two-year-old refrigeration... 

Increased investment in refrigeration model planned
DAWIE KRIEL Businesses are operating refrigeration systems that are performing poorly and are expensive to maintain

Coca-Cola moving ahead with takeover of Nigeria's Chi juice

By: Reuters     20th September 2018 Coca-Cola is moving ahead with plans to take over Nigeria's leading juice company Chi and aims to complete the deal early next year, a senior executive told Reuters. The acquisition for an undisclosed price is one of several steps the US company is taking in a global strategy to diversify from... 

New tech will change nature of work, but could also create jobs

By: Schalk Burger     14th September 2018 New technologies, including advanced computing systems and the automation of various job activities, will change about 30% of activities in about 60% of occupations, and will require new skills across most industries, management consulting multinational McKinsey Global Institute global economic... 

Quantum Foods sees 219% jump in earnings for year ending September

By: African News Agency      12th September 2018 Diversified feeds and poultry business Quantum Foods said on Wednesday it expected headline earnings per share (HEPS) for the twelve months ending September 30 to be at least 219% or 107.5c higher than reported in the same period last year. "This implies that for the twelve months ending 30... 

Clover’s FY18 earnings rise despite challenging trading conditions

By: Marleny Arnoldi     12th September 2018 JSE-listed food and beverage group Clover Industries returned the business to historical profitability levels in the financial year ended June 30, declaring a final gross cash dividend of R92.9-million, or 48.6c apiece. The company reported normalised headline earnings of R394-million, which... 

Clover’s FY18 earnings rise despite challenging trading conditions
Photo by Creamer Media
Clover CE Johann Vorster

Go Life acquires Wellness Brands, other Ascendis Health assets

By: Marleny Arnoldi     3rd September 2018 JSE-listed Go Life International and its subsidiary Go Life Healthcare have entered into two agreements with Ascendis Health, to acquire the Wellness Brands – the Biobalance, Foodstate, Osteoflex and Homeoforce brands – and 100% of the shares and claims in Sportron, Heritage Resources, Ascendis... 

Listeriosis outbreak officially over – Motsoaledi

By: News24Wire      3rd September 2018 Health Minister Aaron Motsoaledi has announced that the country's listeriosis outbreak is officially over. At a media briefing on Monday, Motsoaledi said that no new cases have been detected in the last three months. "I'm here to announce that we no longer have a listeriosis outbreak." This means... 

Listeriosis outbreak officially over – Motsoaledi
Health Minister Aaron Motsoaledi

Montego expands Eastern Cape pet food factory

By: Schalk Burger     31st August 2018 Local pet food manufacturer Montego Pet Nutrition increased production at its Graaff-Reinet facility, in the Eastern Cape, by 30%. The R70-million expansion, which will also create 30 more direct jobs, included a new 3 600 m2, R15-million depot, divided equally for use as a warehouse and treats... 

Montego expands Eastern Cape pet food factory
MONTEGO PET NUTRITION FACTORY The company distributes to nearly 2 000 stores across 16 countries, including South Africa, Mozambique, Namibia, Seychelles, Tanzania and the United Arab Emirates

South African winemakers look to Peru for growth

By: Marleny Arnoldi     30th August 2018 Wine producer La Ric Mal owner and winemaker Malcolm Green and other wine producers from four South African provinces will travel to Lima, Peru, this weekend, with the aim of expanding the market for South African wines. This expedition forms part of the Trade and Investment Mission organised and... 

South African winemakers look to Peru for growth

BevSA appoints corporate services GM

By: Marleny Arnoldi     29th August 2018 The Beverage Association of South Africa (BevSA) has appointed Mpho Thothela GM for corporate services, effective August 1. Thothela will be responsible for BevSA’s marketing and communications, brand positioning and reputational management, financial management, revenue growth, budget... 

BevSA appoints corporate services GM
BevSA corporate services GM Mpho Thothela

Sea Harvest acquires Ladismith Cheese for R527m

By: Marleny Arnoldi     28th August 2018 JSE-listed fishing and food business Sea Harvest’s Cape Harvest Food Group subsidiary has concluded a share purchase agreement to acquire dairy processing company Ladismith Cheese for R527-million. The transaction represents the acquisition of a profitable branded fast-moving consumer goods... 

Organiser extends show to cater to demand

By: Halima Frost     24th August 2018 This year’s biennial Food & Drink Technology Africa (fdt Africa) trade fair will take place over three days, enabling visitors to meet more industry players and decision-makers. Scheduled to take place at the Gallagher Convention Centre, in Midrand, from September 4 to 6, event organisers Messe... 

African cacao-producing country starts making top-quality chocolate

By: Rebecca Campbell     24th August 2018 Cooperation between a South African and a British business has resulted in the establishment of the first ever chocolate factory in the West African island state of São Tomé e Príncipe. The enterprises are HBD Venture Capital (HBD standing for “Here Be Dragons”), an enterprise of South African... 

Appletiser wins over the European market

24th August 2018 Global beverage company Coca-Cola announced that its sparkling fruit juice brand Appletiser, has taken off in Spain, with new market launches set to follow across Western Europe and the Americas. 

Appletiser wins over the European market
EUROPEAN APPEAL Appletiser has been welcomed outside of the African continent

Compact aluminium gear units used in F&B industry

24th August 2018 Automation and drive specialist SEW-EURODRIVE South Africa has introduced a new assembly line at its Johannesburg head office for local production of its K19 and K29 helical bevel gear units. One of the key features of the K19 and K29 series is its compactness and all-aluminium construction,... 

Compact aluminium gear units used in  F&B industry
MAKING THE GRADE Food grade bevel gears being locally produced

Company first to use CO2 refrigeration in South Africa

By: Halima Frost     24th August 2018 Food manufacturer BM Foods – the holding company of South African food brand Mediterranean Delicacies – has become the first food manufacturing company in South Africa to use a carbon dioxide- (CO2-) driven refrigeration system at its Cape Town factory. “With the more aggressive cooling potential... 

Company first to  use CO2 refrigeration  in South Africa
ON TOP OF IT The fans of the CO2 refrigeration units at the top of the factory, in Cape Town

Electropolished metals making pumping smoother

By: Halima Frost     24th August 2018 Following the introduction of the Packo Pump brand to the South African food and beverage industry, industrial equipment supplier Verder Pumps South Africa says the brand is electropolished as part of its finishing process. Verder Pumps Packo Pumps product specialist Dwight Nortman explains that... 

Electropolished  metals making  pumping smoother
PACKING A PUNCH Smaller yet as powerful, the Packo Pump is food grade across the board
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