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Food & Beverage News

Taste Holdings to liquidate food businesses, retains luxury businesses

By: Marleny Arnoldi 16th March 2020 JSE-listed food and jewellery management group Taste Holdings has started proceedings to liquidate its three food businesses, which only have global pizza brand Domino’s Pizza remaining after it sold its other franchising rights and/or closed stores. This liquidation exercise would include... →

FairPlay, Sapa welcome higher chicken import tariff

By: Marleny Arnoldi 13th March 2020 Nonprofit trade movement FairPlay and the South African Poultry Association (Sapa) have welcomed the new, higher chicken import tariffs that was published in the Government Gazette on Friday. However, FairPlay said it remained to be seen whether or not the tariffs would stem the tide of... →

Bank funds beverages company expansion strategy into Africa

13th March 2020 Financial services group Standard Bank has successfully arranged and structured $50-million in financing facilities for beverages company Coca-Cola Beverages Africa (CCBA) to support its expansion strategy in Ethiopia over the next five years. The Coca-Cola Company holds a majority stake in CCBA,... →

Company upgrades its ERP for companies in food and bev industry

By: Khutso Maphatsoe 13th March 2020 Software company SYSPRO is working on upgrades to its SYSPRO Enterprise Resource Planning (ERP) version 8 including some additional functionalities suitable for two large consumer products companies in South Africa and is also implementing the solution at two other food companies. “The SYSPRO ERP... →

Spray drying cost effective, reduces allergens

By: Khutso Maphatsoe 13th March 2020 Food manufacturer Sunspray Food Ingredients has expanded spray drying in its operation as a technology that can ensure cost savings and minimise allergens in food and non-food segments, says food manufacturer Sunspray MD Rene Cross. Spray drying is a technology that is used to convert any liquid... →

WINDOW OF OPPORTUNITY New technology in spray drying will create opportunities in food and non-food segments such as pet food

Pneumatic components assist in disposing waste

By: Khutso Maphatsoe 13th March 2020 Industrial equipment supplier Berntel SA, part of the Hudaco Group, supplies pneumatic components that assist in mitigating the water and oil waste that is produced in airlines in the food and beverage industry. These components include the company’s JORC Condensate drain, notes Berntel SA... →

SOLUTION DRIVEN Berntel SA focuses on a wide range of pneumatic, industrial and automation components

Manufacturer offers hoists for industry

13th March 2020 New to equipment and products manufacturer Becker Mining South Africa’s range of Kito hoists are food grade electric chain hoists, designed for safe lifting applications in contaminant controlled and corrosive processing environments – particularly the food and beverage sector, where cleanliness... →

TWICE AS NICE These hoists are available as single speed units or with adjustable two-speed and dual speed selection

Data, AI to increase FMCG profits and save costs

By: Khutso Maphatsoe 13th March 2020 In order for fast-moving consumer goods (FMCG) companies to increase profits and remain cost efficient, value chain software company MACmobile believes that such companies need to consider merging artificial intelligence (AI) with the data generated in their supply chain. Owing to the amount of... →

ANDREW DAWSON Using technology will enable distributors to acquire feedback on all their products through the amount of data that is collected

Supplier offers complete solution to university

By: Cameron Mackay 13th March 2020 Local cleaning chemicals supplier Industroclean’s ability to provide holistic cleaning solutions enables it to offer the University of Cape Town (UCT) a one-stop-shop cleaning chemicals solution. Industroclean MD Emma Corder confirms that the company began supplying its solutions to UCT... →

CLEANING VARIATION While above the floor cleaning tasks remain similar, variations in floor types require different products and methodologies for maintenance or restoration

Premium instant coffee launched

13th March 2020 Last month, food and beverage company Nestlé announced the global launch of coffee company Starbucks premium instant (soluble) coffee. The new range consists of medium roast and dark roast coffees, and a variety of coffee beverages and tea lattes. →

S African wines captivate palates of the Russians

13th March 2020 Proudly South African wines that were showcased last month at the Prodexpo International Trade Show in Moscow, Russia captivated the palates of the Russians. Prodexpo is one of the largest international shows for the food and drinks sector in Russia and Eastern Europe. →

Rhodes to supply canned fruit to Walmart US stores

By: Marleny Arnoldi 10th March 2020 US retailer Walmart has selected South Africa’s Rhodes Food Group to supply it with tinned fruit products. The South African canned food company will supply Walmart with an initial order of three canned pear variations. →

DTIC reaches agreement with PepsiCo

By: Tasneem Bulbulia 5th March 2020 An agreement between the Department of Trade, Industry and Competition and PepsiCo has been reached, and the buyout of Pioneer Foods by PepsiCo is currently with the Competition Tribunal for approval, Trade and Industry Minister Ebrahim Patel informed during the Black Business Council's yearly... →

Chicken, sugar volume growth boosts RCL’s interim revenue, earnings

By: Marleny Arnoldi 2nd March 2020 JSE-listed consumer goods company RCL Foods grew its underlying headline earnings per share (HEPS) for the six months ended December 31, by 23.8% year-on-year to 63c. RCL again declared a 15c a share dividend for the six months. →

Tongaat Hulett to sell starch division to Barloworld for R5.35bn

By: Creamer Media Reporter 28th February 2020 JSE-listed Tongaat Hulett will sell its starch business to Barloworld for an enterprise value of R5.35-billion. Tongaat will use the proceeds to reduce its debt. →

Stainless steel growth unlikely in 2020

By: Mamaili Mamaila 28th February 2020 The level of activity in the local stainless steel sector’s value chain has dwindled in the past decade, mainly owing to international competition, low steel prices and the slow growth of the local economy. →

FULL OF VIGOR Stainless steel is one of the youngest industrial materials globally, managing to positively change people’s lives

Old wine in new cans? South African startup sniffs new export opportunity

By: Reuters 26th February 2020 A South African startup is hoping to cash in on a growing global taste for canned wines as a lighter, more convenient alternative to bottles. Canned wines are already on sale in the United States, parts of Europe and elsewhere, but they are a novelty in South Africa, which is one of the world's... →

Jungle Oats opens new Oat Mill in the Western Cape

21st February 2020 JSE-listed Tiger Brands has officially opened its new Oat Mill for its first and oldest product – Jungle Oats – in Maitland, Cape Town. Speaking at the opening event on Friday, unit manager Rees de Villiers outlined some of the advanced features of the new mill. →

Bidcorp delivers 4% rise in interim HEPS despite headwinds

19th February 2020 JSE-listed Bid Corporation (Bidcorp) achieved “a resilient performance” in the six months to December 31, despite “volatile social, political and environmental circumstances in some operating geographies and despite underperformance in a number of operations,” CE Bernard Berson said on Wednesday.... →

Bernard Berson

Grand Parade sells off Burger King South Africa and its patty supplier

By: Marleny Arnoldi 19th February 2020 JSE-listed Grand Parade Investments has entered into a binding offer to sell all its shares in fast food franchise Burger King South Africa (BKSA) to ECP Africa Fund IV. Grand Parade owns 95.36% of the issued share capital of BKSA. →

Sale of Nampak's Glass business one step closer to finalisation

By: Creamer Media Reporter 18th February 2020 Packaging products manufacturer Nampak on Tuesday said the Competition Commission had granted its approval, subject to certain conditions, for the sale of Nampak's Glass business to Isanti Glass 1. Nampak in September last year announced that it would sell the Glass business to Isanti Glass 1, a... →

Sea Harvest expects higher headline earnings

By: Marleny Arnoldi 18th February 2020 JSE-listed Sea Harvest says its South African fishing operation and its Ladismith Cheese operation made solid contributions to the group’s overall financial performance for the year ended December 31. It, therefore, expects headline earnings a share for the year to be between 28% and 37% higher... →

Tongaat mulls sale of its starch division

By: Simone Liedtke 13th February 2020 JSE-listed sugar producer Tongaat Hulett has entered into negotiations with regard to the potential sale of Tongaat Hulett Starch. The division is Africa’s largest producer of starch, glucose and related products. It converts more than 670 000 t/y of bought-in maize into starch and starch-based... →

Commission recommends approval of PepsiCo’s acquisition of Pioneer Foods

By: African News Agency 12th February 2020 South Africa's Competition Commission has recommended that the Competition Tribunal conditionally approve the acquisition of Pioneer Foods by a wholly-owned subsidiary of United States multinational food and beverage company PepsiCo. Simba gave notice last July of its intention to acquire the... →

Tiger Brands warns of interim profit fall, shares plunge

By: Reuters 12th February 2020 South Africa's leading food producer Tiger Brands warned on Wednesday that it expects half-year headline earnings to fall as much as 36% as its bakery and pasta business faced pricing pressure and a legal dispute wiped out exports to Nigeria. The warning sent shares in the owner of brands such as... →

Pick n Pay strengthens efforts to reduce single-use plastic packaging

7th February 2020 Retailer Pick n Pay plans to contribute significantly to reducing the impact of single-use plastic and packaging by 2025. Since 2018, it has successfully implemented a number of initiatives to reduce packaging and single-use plastic at its stores and throughout its supply chain. →

AB InBev appoints new CFO

By: Tasneem Bulbulia 6th February 2020 Publicly traded company Anheuser-Busch (AB) InBev on Thursday announced that chief financial and technology officer Felipe Dutra would step down. Fernando Tennenbaum has been appointed CFO. He is a 15-year veteran of the company and presently serves as VP of finance for the company’s South... →

Wine producers, cellars to participate in wine tourism survey

By: Marleny Arnoldi 5th February 2020 To determine the economic value of the wine tourism sector, wine industry body Vinpro has launched a survey among its members and South Africa’s wine route offices. The organisation, in a statement on Wednesday, said the survey would provide a credible benchmark that could be used to track the... →

Tiger Brands appoints interim CFO

By: Creamer Media Reporter 31st January 2020 JSE-listed Tiger Brands has appointed Pamela Padayachee interim CFO, effective February 1. This follows the resignation earlier this week of CEO Lawrence MacDougall and the appointment of CFO Noel Doyle to the role of acting CEO. →

Tongaat to resume JSE trading next week; interim headline loss narrows

By: Marleny Arnoldi 31st January 2020 JSE-listed sugar producer Tongaat Hulett managed to turn an operating profit of R1.2-billion in the six months ended September 30, 2019, compared with an operating profit of R315-million in the six months ended September 30, 2018. This helped the company narrow its headline loss to R314-million... →

Tongaat's Felixton mill, in KwaZulu-Natal

Company supplies motor units for German project

31st January 2020 Drive technology company SEW-Eurodrive supplied 64 Movigear servo motors from its Cape Town branch to a major original-equipment manufacturer (OEM). →

IDEAL SOLUTIONS The Movigear solution was ideal for this application owing to its 200:1 speed range

Flowmeter continues to offer control solutions

By: Halima Frost 31st January 2020 Instrumentation, solutions and services supplier Endress + Hauser’s Promag H 100 electromagnetic flow meter has been widely adopted by the South African food and beverage, as well as life sciences industries, since its introduction to the market. Promag H 100 is a multivariable measurement... →

PRO FLOW The Promag H 100 controls the flow of materials through proven sensor technology and ultra-compact transmitter electronics

Successful installation creates further opportunities

By: Halima Frost 31st January 2020 Subsequent to the successful installation of an automated control solution at a confectionary manufacturer, in KwaZulu-Natal, engineering solutions provider Hybrid Automation has seen an uptick in demand for control systems in the fast-moving consumer goods sector. “The need for the upgrade was... →

PERFECT PANEL The installation included control panels, which offered a new human-machine interface

Tongaat to report smaller interim loss

By: Marleny Arnoldi 29th January 2020 JSE-listed Tongaat Hulett expects to report a headline loss for the six months ended September 30, 2019, of between R300-million and R322-million, which is an improvement on the headline loss of R354-million recorded in the six months ended September 30, 2018. That translates to a headline loss... →

Doyle to succeed MacDougall as CEO of Tiger Brands

By: Creamer Media Reporter 29th January 2020 Branded food, home care and personal care product manufacturer Tiger Brands' CFO Noel Doyle will succeed Lawrence MacDougall as CEO, effective February 1. MacDougall, who has been CEO since 2016, has reached the company's mandatory retirement age of 63 and will exit the company on March 31 to... →

Standard Bank helps Coca-Cola Beverages expand in Ethiopia

By: Simone Liedtke 29th January 2020 Financial institution Standard Bank has successfully arranged and structured $50-million in financing facilities for Coca-Cola Beverages Africa (CCBA) to support its expansion strategy in Ethiopia over the next five years. The Coca-Cola Company holds a majority stake in CCBA, which is the largest... →

South Africa will caution Trump against ‘premature’ trade review

By: Bloomberg 29th January 2020 South Africa’s government will tell President Donald Trump’s administration that its review of a preferential trade agreement that could put as much as $2.4-billion in exports at risk is premature and potentially damaging for both economies. The US Trade Representative will start public hearings... →

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autox Africa Aluminium Hulamin Energy Export Mining Paper Stainless Steel Steel Technology Building Business Fencing Industrial ... more

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