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Food & Beverage News

Slow start to year to impact on Tiger Brands’ FY18 performance

By: Creamer Media Reporter      21st February 2018 JSE-listed Tiger Brands’ shares fell by 9% on Wednesday morning after the company announced that its revenue for the four months to January 31 had decreased by 5% year-on-year, driven by price deflation of 1% and volume declines of 4%. In a voluntary trading update to the market, the company... 

GBI takes steps to further expand Chesanyama footprint

By: Megan van Wyngaardt     14th February 2018 JSE-listed franchising company Gold Brands Investments (GBI) has entered into a development agreement with a master franchisor, who will have the exclusive right of developing the Chesanyama brand in all countries outside Africa. The master franchisor will own the exclusive rights to roll out and... 

Proposed sugar levy unlikely to make sizeable dent in fiscal deficit – PwC economists

By: African News Agency      13th February 2018 Economists on Monday predicted that the proposed levy on sugar-sweetened beverages (SSBs) set to take effect in April this year in South Africa was unlikely to make a sizeable dent in the fiscal deficit. In 2016, National Treasury announced a Sugar Beverage Levy (SBL) on sugar-sweetened beverages... 

Proposed sugar levy unlikely to make sizeable dent in fiscal deficit – PwC economists

RCL Foods reports uptick as chicken processing business improves

By: Megan van Wyngaardt     12th February 2018 South African food producer RCL Foods expects to report an upswing in its financial results for the six months ended December 31, with its headline earnings a share to be between 46% and 66% higher year-on-year at between 69.5c and 79c. Earnings a share are expected to increase by between 93.5%... 

Taste Holdings appoints new CEO

By: Anine Kilian     12th February 2018 Tyrone Moodley has been appointed Taste Holdings' CEO, effective immediately. He will succeed Carlo Gonzaga, who has resigned. 

South African grape variant to be launched at German fruit trade fair

By: Dylan Slater     6th February 2018 South African science institution, the Agricultural Research Council (ARC), in partnership with the South African Table Grape Industry (Sati) and Culdevco, plans to launch a seedless red table grape at the South African National Pavilion during the Fruit Logistica Trade Fair, which takes place in... 

Quantum Foods performing well, despite avian flu outbreak

By: Anine Kilian     5th February 2018 JSE-listed Quantum Foods’ South African-based feeds business performed satisfactorily in the four months to January 31, with stable rand-per-tonne margins and profitability compared with the previous year. In a trading update on Monday, the company reported that the favourable feed raw material... 

Sea Harvest to make big arrival with maiden full year results

By: Megan van Wyngaardt     5th February 2018 Seafood processing company Sea Harvest on Monday said it expects to report basic earnings per share (EPS) of between 110c and 124c for the year ended December 31, paired with headline earnings per share (HEPS) of between 99c and 113c apiece. This will be the company's maiden full-year results... 

Industry body authorised as verification authority

2nd February 2018 The Department of Labour has authorised industry body the Southern African Gas Association (Saga) to be the verification authority for the natural gas and liquefied petroleum gas (LPG) industrial equipment industry for South Africa.  All industrial equipment needs to conform to the SANS 329 and... 

IBM open-source food-safety blockchain system launched

By: Schalk Burger     2nd February 2018 Computing multinational IBM in December launched an open-source, blockchain system designed to provide transparency on food safety in China. The Blockchain Food Safety Alliance has as its initial signatories US mass retailer Walmart, Chinese e-commerce firm, as well as IBM and the Tsinghua... 

Showcase of SA's manufacturing prowess to debut in 2019

By: Dylan Slater     2nd February 2018 To showcase the best South Africa has to offer in terms of local manufacturing and South African-produced capital equipment, capital equipment manufactures lobby group the South African Capital Equipment Exporters Council (Saceec) has partnered with exhibition organisers Specialised Exhibitions... 

Sea Harvest says makes progress in talks to buy Viking Fishing

By: African News Agency      25th January 2018 Seafood company Sea Harvest said on Thursday it had made progress in negotiations to acquire the entire fishing business of Viking Fishing Holdings and a 51% stake in the issued share capital of Viking Aquaculture. "An announcement providing further details will be made as soon as practicably... 

SAB to quench Capetonians' thirst – but with a different drink

By: News24Wire      23rd January 2018 South African Breweries (SAB) will be helping Capetonians struggling through the drought crisis by shipping out 12-million quarts of a drink not usually associated with the company. SAB general manager John Stenslund confirmed that 9-million litres of water – bottled in 12-million quarts – would... 

Wine industry sees positives despite expected R700m shortfall

By: Megan van Wyngaardt     22nd January 2018 The smaller wine grape harvest anticipated by industry body Vinpro for this year is expected to result in a R700-million shortfall at farm gate, at a time when production costs have doubled in the past decade and the minimum wage for farm workers is set to increase by 17% in May. However, despite... 

Wine industry sees positives despite expected R700m shortfall

Sawis warns wine grape crop may be smallest since 2005

By: Megan van Wyngaardt     19th January 2018 Continuing drought and low water supplies in the Western Cape may lead to South Africa’s smallest wine grape harvest since 2005, when 1.15-million tonnes were harvested owing to drought and diseases in some production areas. Industry body South African Wine Industry Information and Systems... 

Sawis warns wine grape crop may be smallest since 2005

Industry demand sets high targets for company

By: Simone Liedtke     19th January 2018 Activated carbon manufacturer Rotocarb aims to become the biggest activated carbon producer in Africa by 2019, owing to increasing demand and dependence on activated carbon in the wastewater treatment, purification and desalination industry. 

Industry demand sets  high targets for company
PROUDLY SOUTH AFRICAN The company’s water-intensive processing and wastewater treatment operations use local raw materials, technology and deployment

Plant to be completed in March

By: Simone Liedtke     19th January 2018 Integrated solutions provider ImproChem will be completing the construction and commissioning of a desalination plant for a large factory on the West Coast, in South Africa, with the plant expected to supply its first water in the second week of March 2018. 

Plant to be completed in March
REVERSE OSMOSIS Sea water will be pumped through a Suez Reverse Osmosis plant where the salt and mineral particles will be separated

South Africa white maize futures scale 11-month peak on hot, dry conditions

By: Reuters     15th January 2018 South African white maize futures prices hit 11-month highs on Monday as a spell of hot, dry weather raised concerns about plantings and yields over a swathe of the maize belt. Maize is South Africa's staple crop and policy makers such as the central bank, which will meet later this week on... 

South Africa white maize futures scale 11-month peak on hot, dry conditions

Aspen Pharmacare to start selling its infant formula milk Alula in China

By: African News Agency      15th January 2018 South African multinational pharmaceutical drug maker, Aspen Pharmacare, said on Monday that it would start distributing its infant formula milk in China. This comes after the China Food and Drug Administration (CFDA) announced on Friday that it had approved the registration of Aspen's infant... 

Distell to sell cognac business in R800m deal

By: Megan van Wyngaardt     20th December 2017 JSE-listed Distell today entered into a definitive agreement to sell its cognac business, Bisquit Dubouche et Cie to Italian branded beverage company Campari Group for an enterprise value of 2.5 million, or R800-million. The disposal is expected to close during the first quarter of 2018. 

Drought to hit South Africa's 2018 wine harvest

By: Reuters     19th December 2017 South Africa, the world's seventh biggest wine producer, is expected to see the smallest harvest in more than a decade in 2018 after drought and lower plantings hit yields, industry experts said. The winelands are mostly in the coastal Western Cape province which was declared a disaster area in... 

Drought to hit South Africa's 2018 wine harvest

Sars to collect sugar tax from April

By: Natasha Odendaal     15th December 2017 The South African Revenue Service (Sars) will start collecting the sugary beverages levy (SBL) from April 1. The levy is fixed at 2.1c/g for a sugar content exceeding the levy-free threshold of 4 g per 100 ml. 

Pioneer Foods eyes acquisition of UK granola brand Lizi’s

By: Creamer Media Reporter      14th December 2017 JSE-listed Pioneer Foods plans to acquire, for an undisclosed amount, UK-based The Good Carb Food Company, the owner of granola brand Lizi’s, to add to its breakfast cereals portfolio. Pioneer Foods UK has been manufacturing Lizi’s products under contract for The Good Carb Food Company. 

Brimstone says subsidiary Sea Harvest in acquisition talks

By: African News Agency      11th December 2017 South African investment holding company Brimstone said on Monday its subsidiary Sea Harvest had entered into negotiations to acquire the entire fishing business of Viking Fishing. Brimstone, which has a 54.9% stake in Sea Harvest, said a consortium of broad-based black economic empowerment... 

Heat exchangers made compact

1st December 2017 Wisconsin-based shell and tube heat exchangers company Enerquip has added a new line of compact heat exchangers to meet growing demands from customers with low flow-rate applications. Enerquip is one of the leading providers of heating and cooling equipment for production plants and... 

Heat exchangers  made compact
U-TUBE Heat exchangers are available in U-tube and straight tube designs, and save a significant amount of space due to their size

Local company popularises electrical heat tracing

By: Nica Schreuder     1st December 2017 Amid escalating costs of heating containers using traditional methods, such as steam or gas, a more cost-effective, efficient and controlled method of ensuring the constant heating of containers is electrical heat tracing (EHT), says eltherm South Africa MD Peter Stone. EHT specialist eltherm... 

Local company popularises electrical heat tracing
EFFICIENT HEATING Eltherm’s EHT system makes controlled, efficient and constant heating solutions for tanktainers and road tankers

Makwana appointed chairperson of Illovo Sugar

By: Natasha Odendaal     30th November 2017 Illovo Sugar South Africa on Thursday announced the appointment of Mpho Makwana as chairperson, effective December 1, succeeding Gavin Dalgleish who stepped down to focus on his role as group MD. Makwana previously co-chaired the World Economic Forum on Africa in 2011 and served as Eskom... 

Crookes Brothers profits down on lower sugar cane revenue

By: African News Agency      29th November 2017 Agricultural firm Crookes Brothers said on Wednesday its after-tax profit decreased by 70.5% to R26.4 million in the six months ended September 2017, driven down by a decline in sugar cane revenue in the aftermath of drought. Crookes however said it expected results for the full year to March... 

Rhodes Food's FY17 performance dragged by international operations

By: Natasha Odendaal     21st November 2017 The headline earnings of JSE-listed Rhodes Food declined by 19.1% to R237-million for the financial year ended October 1, as regional gains were offset by a disappointing international performance. Diluted headline earnings a share decreased by 27% to 93.4c for the year under review, with... 

Astral Foods trumps difficult trading period with sterling FY17 results

By: Megan van Wyngaardt     20th November 2017 JSE-listed Astral Foods on Monday attributed the 96.8% increase in headline earnings a share to R18.99 for the year ended September 30 to the recovery in poultry profits during the second half of the financial year. “Stable prices for poultry products during the winter months, together with... 

Adverse trading conditions slash Pioneer Foods' earnings by half

By: African News Agency      20th November 2017 South African food group Pioneer said on Monday its adjusted headline earnings per share for the year ended 30 September 2017 fell by half, largely due to constrained trading conditions. The company also said maize procurement in the period to May had been hit by severe drought in the northern... 

SAB entrepreneurship for employment initiative welcomed

17th November 2017 Business Unity South Africa (Busa) has welcomed South African Breweries (SAB’s) entrepreneurship campaign aimed at enabling South African entrepreneurs to create 10 000 jobs by 2021. 

SAB entrepreneurship for employment initiative welcomed
SAB PROGRAMME The SAB entrepreneurial programme, which provides a package of support, was launched in September

DCD success in winemaking opens new markets

17th November 2017 Having proven that its Disruptor technology is more than suitable for the winemaking and beer sectors, South African biotechnology company Green Cell Technologies (GCT), states that it has turned its attention to the lucrative fruit sugar concentrates market. 

DCD success in  winemaking opens new markets
LESS SUGAR Consumers are more informed about the effect of foodstuffs they consume and the growing demand for less sugary products

New Summerstrand-based ale house opened

By: Simone Liedtke     17th November 2017 Eastern Cape-based manufacturing micro-brewery Dockside Brewery opened its Dockside Ale House in Summerstrand, Port Elizabeth, last month. 

New Summerstrand-based ale house opened
GLOBAL STYLES Globally, there are more than thirty main styles of beer

Value-for-money centrifugal pumps to change process

17th November 2017 The food and beverage industry is continuously looking for solutions to increase production efficiency with extremely high system pressure applications becoming more common, especially in typical reverse osmosis applications for whey, wine and beer filtration. 

Value-for-money centrifugal pumps to change process
UPCOMING AVAILABILITY Higher flow rates are expected to be available very soon

Embraco enters local markets with strong R&D background

By: Schalk Burger     17th November 2017 Brazil-headquartered hermetic compressors and refrigeration solutions multinational Embraco will leverage its research and development (R&D) competitive advantage to gain market share in Africa, says Embraco business and marketing VP Marcio Schissatti. The company invests 3% to 4% of its net... 

Gold Brands to mitigate tough economic conditions with unique concepts

By: Megan van Wyngaardt     16th November 2017 While South African franchiser Gold Brands’ revenue for the six months ended August 31 fell 72.6% to R27.6-million year-on-year, owing to losses experienced from store closures incurred by lease expiries, the company’s gross profit margin increased from 30.9% to 47.3%, thanks to a more aligned... 

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