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Food & Beverage News

Wine looking positive in the face of poor economy

16th November 2018 Despite the poor performance of the economy, industrial research company BMi Research says the wine industry yielded a positive volume growth relative to the previous year. The company notes that the growth in production may be attributed to farmers investing in improved irrigation systems as... →

Big five to save water for wine producers

By: Halima Frost 16th November 2018 Owing to the prolonged drought that has caused severe challenges, the local wine industry is researching more efficient ways of monitoring and managing water use through five projects, says representative body of the South African wine industry Vinpro. This comes after what has been recorded as... →

RIPE FOR THE PICKING The harvest done at exactly the right time makes for a good wine

Canning can become a reality for microbrewers

By: Halima Frost 16th November 2018 Canning in the South African microbrewery industry is set to be the “new big thing”, which brewery company founder Apiwe Nxusani-Mawela believes will develop tremendously in the next year or two. However, she notes that the cost implications of installing a canning plant are a challenge. “With... →

LOVE LOCAL BREW Brewing in Soweto headed by Apiwe Nxusani-Mawela

Stable growth forecast for 2019 wine grape crops

By: Marleny Arnoldi 15th November 2018 Wine industry representative body Vinpro expects 2019 wine grape crops will return to normal levels in most regions, owing to good rainfall after a three-year-long drought. However, the Klein Karoo region is still experiencing serious water shortages, it warned on Thursday. →

SAB, AB InBev launch alcohol-free snack

By: African News Agency 14th November 2018 South African Breweries and AB InBev are piloting a savoury grain snack made from locally grown grain, the proceeds of whose sale will be used to help develop emerging farmers and support community development initiatives, the companies said. Castle Lager Better Bites is available for purchase at... →

Cane valuations, land negotiations dent Tongaat Hulett’s H1 headline earnings

By: Marleny Arnoldi 12th November 2018 JSE-listed agriculture and agroprocessing group Tongaat Hulett suffered a 64% year-on-year decrease in operating profit for the six months ended September 30 to R530-million, compared with the R1.4-billion profit reported for the six months ended September 30, 2017. Tongaat said on Monday that... →

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.... →

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... →

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. →

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... →

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... →

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... →

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... →

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... →

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... →

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 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... →

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 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... →

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