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Food & Beverage News

Famous Brands posts solid interim results

By: Tasneem Bulbulia 28th October 2019 Food services franchisor Famous Brands delivered solid results in a challenging environment, CEO Darren Hele indicated in a statement announcing the group’s interim results for the six months ended August 31, on Monday. He highlighted, in particular, the good performance of the Brands division;... →

Astral Foods to report lower full-year earnings

By: Tasneem Bulbulia 28th October 2019 JSE-listed Astral Foods expects its earnings per share (EPS) and headline earnings per share (HEPS) for the year ended September 30 to decrease by between 50% and 60% year-on-year EPS are expected to be between R14.77 and R18.46, compared with the EPS of R36.91 reported for the 2018 financial year. →

Ethiopia probes possible theft of funds for sugar expansion

By: Bloomberg 23rd October 2019 Ethiopia is investigating possible misappropriation of funds meant for the expansion of ten State-owned sugar factories that are part of the industry now slated for privatization. The planned sale of factories now run by Ethiopian Sugar Corp. is part of a drive by Prime Minister Abiy Ahmed’s... →

Bidding war breaks out for food delivery service Just Eat

By: Bloomberg 22nd October 2019 Just Eat has gotten a bid from investment firm Prosus, challenging its £5-billion ($6.5 billion) deal with Takeaway.com. Prosus has offered 710p a share in cash for the UK food delivery company, valuing Just Eat at about £4.9-billion, the company said in a statement on Tuesday. →

Pioneer Foods, partner launch first combismile carton pack in MEA region

By: Tasneem Bulbulia 21st October 2019 Systems and solutions provider for aseptic packaging and filling machines for food and beverages, SIG Combibloc Obeikan (SIG CBOB), and South African producer and distributor of branded food and beverage products, Pioneer Foods, on Monday announced the launch of the first combismile carton pack... →

Combismile

Role of equipment suppliers in food safety under spotlight

By: Schalk Burger 18th October 2019 Component and equipment multinational BMG hosted clients at its inaugural industry-specific engagement days with a showcase of its food and beverage industry solutions and components at its factory in Jeppestown, Johannesburg in September. The showcase provided advice from industry experts about... →

BMG Group product and sales manager Mark Barbour details the company’s approach to quality and safety in the food and beverage industry in Africa. Camera work: Kultwano Matlala. Editing: Nicholas Boyd.

BMG industry days highlight portions of its components range to clients

17th October 2019 Equipment and components manufacturer BMG hosted its food and beverage industry day last month, which was the first of its showcase days that it intends to use to deepen its relations with clients and to highlight the products and solutions suitable for each industry. Schalk Burger has the story. →

BMG industry days highlight portions of its components range to clients.

Long4Life records reasonable interim performance in tough environment

By: Tasneem Bulbulia 14th October 2019 JSE-listed Long4Life delivered a reasonable performance for the six months ended August 31, given the difficult trading environment. Revenue increased by 20% year-on-year to R1.84-billion, while gross profit increased to R718.9-million, compared with the R627.5-million gross profit reported for... →

Listeriosis class action case could be delayed 'for years'

By: News24Wire 9th October 2019 The class action brought against Tiger Brands following a listeriosis outbreak caused by some of its products could take years before it finally gets to court. In April, Tiger Brands received the summons for a class action linked to the listeriosis outbreak from the Gauteng High Court in... →

Tribunal approves Milco, Clover merger with conditions

By: Creamer Media Reporter 25th September 2019 The Competition Tribunal on Wednesday approved the merger between Milco South Africa (SA) and Clover Industries, subject to a range of employment, local procurement of bulk juice concentrate, and information sharing conditions. Clover in February announced that it had received a buyout offer of... →

Pick n Pay rolls out low-cost reusable shopping bag

By: Tasneem Bulbulia 20th September 2019 Pick n Pay is rolling out its new budget green People n Planet reusable bag nationally after a successful trial earlier this year. The bag is expected to be available in all stores by mid-October. →

Versatile drives ideal for HVAC industry

By: Cameron Mackay 20th September 2019 Many features of the variable-speed drive (VSD) solutions provided by drive technology provider SEW-Eurodrive can be applied to projects in the heating, ventilation and air-conditioning (HVAC) industries, says SEW-Eurodrive mechatronic sales engineer Paul Strzalkowski. He states that here VSDs... →

MIXING CONVEYORS The conveyor system consists of a central conveyor that is fed by eight smaller conveyors, each of which contain various frozen-food products to be mixed

Poultry producers positive about engagement with Patel

By: Simone Liedtke 19th September 2019 Following a recent meeting with the Department of Trade, Industry and Competition and other stakeholders, the South African Poultry Association on Wednesday said it was feeling “positive” about the progress made in addressing the crisis threatening the industry. Trade and Industry Minister... →

No more 'eating' paper? Maties student, 19, wins prize for edible straws

By: News24Wire 18th September 2019 There is nothing more "sucky" than when a paper straw collapses while you're trying to sip your drink. So a Stellenbosch University student decided to create an edible straw that would allow people to enjoy their drinks and still be environmentally-conscious. Leila Siljeur, 19, a second-year... →

Tongaat Hulett announces its project with Zimbabwe is on track

By: African News Agency 18th September 2019 KwaZulu-Natal based agroprocessing business Tongaat Hulett on Tuesday announced that Project Kilimanjaro, which will result in the development of a significant portion of land to sugarcane, is on track. The project, which is supported by the government of Zimbabwe and a consortium of banks led... →

Nigeria’s biggest tomato facility idle again as farmers dump crop

By: Bloomberg 16th September 2019 Nigeria’s biggest tomato plant is counting on the government’s restriction of food imports to sustain operations after going idle again six months after it resumed operations from an almost three-year shut down. When Aliko Dangote, Africa’s richest man, decided to set up the plant, it was with... →

Castle Lite world-first secondary packaging keeps beer colder for longer

By: Tracy Hancock 13th September 2019 Africa’s biggest premium beer brand, Castle Lite, has launched lab-tested secondary packaging that will keep consumers’ beer extra cold for three hours without the use of ice after refrigeration. Castle Lite, launched in 1994, is the only beer lagered at 2.5 °C and the lager’s clean crisp taste... →

Land Bank posts healthy results for agriculture sector, despite difficult times

By: Schalk Burger 13th September 2019 State-owned development finance institution the Land and Agricultural Development Bank of South Africa (Land Bank) grew its transformational loans to R7.9-billion and maintained a strong balance sheet in the 2018/19 financial year, despite challenging conditions in the agricultural sector, Land... →

Tribunal to investigate complaint against AB InBev

By: Marleny Arnoldi 12th September 2019 The Competition Tribunal will, on September 12 and 13, hear a matter in which local alcoholic beverage company Distell accused global beer brewer Anheuser-Busch InBev (AB InBev) and local brewer South African Breweries (SAB) of breaching their merger conditions. The tribunal in June 2016... →

Strong performances by core businesses bolster Libstar’s interim results

By: Tasneem Bulbulia 4th September 2019 JSE-listed consumer packaged goods producer and supplier Libstar recorded a 12.4% increase in headline earnings per share (HEPS) for the six months ended June 30. Normalised earnings before interest, taxes, depreciation and amortisation (Ebitda) increased by 5.9% and normalised earnings per share... →

Save the world, one bottle of wine at a time

By: Bloomberg 3rd September 2019 Whatever you’re concerned about – oceans, rhinos, cardiovascular research, hunger, oysters, injured dogs, salmon, veganism, art projects, politics, climate action – there’s a wine out there for you. (And no, not just to forget your woes.) So-called “activist wines,” those that inspire drinkers to... →

Grindrod sells NWK stake for R204m

By: Marleny Arnoldi 2nd September 2019 JSE-listed freight and logistics company Grindrod on Monday signed an agreement to sell its 20.3% stake in grain services provider NWK Limited to NWK Holdings Limited for R204-million. The transaction is expected to be finalised by the end of this month. →

Sugar tax, chicken oversupply dent RCL’s profitability

By: Simone Liedtke 2nd September 2019 JSE-listed consumer goods company RCL Foods’ headline earnings for the financial year ended June 30, decreased by 60.7% to R329.5-million, mainly as a result of a R761.9-million impairment in the company’s sugar business and an adverse performance by the chicken business. A declining local market... →

Tereos Commodities to shut sugar operations in Kenya, South Africa

By: Reuters 30th August 2019 French sugar maker Tereos said on Thursday Tereos Commodities would close its offices and halt sugar trading in Kenya and South Africa by the end of March 2020 as part of a global review of its strategy. Tereos, which has reported a sharp drop in profits in the last fiscal year due mainly to a... →

Post-harvest tech expands to fire sector

By: Cameron Mackay 30th August 2019 While on-site industrial gas generation solutions provider Gas at Site has traditionally focused on the post-harvest sector using technology – referred to as controlled atmosphere – that controls the concentration of atmospheric gases to store fruit at low oxygen levels, this technology can also... →

FIRE SUPPRESSION ACCEPTANCE The challenge lies in presenting this solution, which cannot be seen, compared to solutions which can be physically seen such as foam or sprinkler systems

Heineken set to increase Sedibeng facility’s capacity by 2020

29th August 2019 Despite an economic downturn, international beer brewer Heineken South Africa will be expanding its Sedibeng brewery’s production from 5.3-million hectoliters to 7.5-million hectoliters a year by 2020. Simone Liedtke visited the facility ahead of International Beer Day earlier this month. →

Heineken set to increase Sedibeng facility’s capacity by 2020

Bidcorp ‘well positioned’ for the year ahead

By: Simone Liedtke 28th August 2019 International food, service and technology group Bidcorp increased its headline earnings per share (HEPS) for the year ended June 30 by 12.5% to R14.44, while basic earnings a share increased by 14.8% to R14.51. These increases were achieved despite the volatile economic conditions in many of the... →

Distell FY profit drops as local markets face crisis

By: Reuters 28th August 2019 Distell Group posted on Wednesday a 1.8% drop in its full-year profit after the South African alcoholic beverages company was hit by currency swings in Angola and an economic crisis in Zimbabwe. The company, which makes Amarula liqueur and Hunter's and Savanna cider, said earlier in August its... →

Coca-Cola Beverages Africa acquires 60% of Eswatini Beverages

By: Marleny Arnoldi 27th August 2019 Coca-Cola Beverages Africa (CCBA) has acquired a 60% interest in soft drinks business Eswatini Beverages. The remaining 40% interest in the company is owned by Tibiyo TakaNgwane – a Swazi sovereign wealth fund. →

Cocoa Life brings sustainability to South Africa’s chocolate

By: Tasneem Bulbulia 26th August 2019 Cadbury Dairy Milk has added the Cocoa Life logo to its chocolate slabs sold in South Africa. Cocoa Life is parent company Mondelēz International’s global cocoa sustainability programme. →

Bread industry campaign to increase S Africa’s fibre consumption

By: Tracy Hancock 23rd August 2019 Nonprofit industry association the South African Chamber of Baking is working on a joint campaign with the Consumer Goods Council of South Africa and the Department of Health (DoH) to encourage South Africans to consume more fibre as part of a healthy eating plan. South African Chamber of Baking... →

WHITE OR BROWN? The chamber is working on a campaign to increase local consumption of brown and whole-wheat bread by South African consumers

Innovation critical for survival

By: Tracy Hancock 23rd August 2019 Increasing consumer demands and changing trends have made planning around product life more difficult and, with increased regulations around quality and traceability, innovation is now critical for survival in the food and beverage industry over the years, says enterprise software solutions... →

BETTER, FASTER FOOD PRODUCTION The automation of mundane and repeatable tasks improves accuracy, drives efficiency and lowers risks

New entrants should be cautious, protect ideas

By: Tracy Hancock 23rd August 2019 While large food and beverage manufacturers in South Africa are generally advised by in-house counsel, intellectual property law firm Spoor & Fisher senior associate Zama Buthelezi says it is important for smaller players in the industry to familiarise themselves with their intellectual property... →

South African blueberry industry sets its sights on key export markets

By: Simone Liedtke 22nd August 2019 The South African Berry Producers Association (Sabpa) expects South Africa’s blueberry production to reach a record high of 17 000 t this year, up from the 11 300 t produced in 2018. It expects production to increase further to 50 000 t/y by 2023 and says this will help to grow employment in the... →

Govt, poultry industry collaborate to open up new export markets

By: Simone Liedtke 21st August 2019 The South African poultry industry and government have started working together to open up new export markets for the South African poultry industry. The Department of Trade, Industry and Competition (DTIC) on Wednesday said this collaboration was one of the key interventions that would be... →

Distributor extends food handling belting range

16th August 2019 New to engineering components supplier Bearing Man Group’s (BMG’s) range of belting certified for safe food handling, is the KleenEdge non-fray series. It is developed by conveyer belt solutions provider Ammeraal Beltech to “minimise the problems of belt-edge fray and associated contamination... →

Specialist moves to diversify into agriculture, food & bev

By: Nadine James 16th August 2019 Gauteng-based material transfer specialist Weba Chute Systems is diversifying its client base, officially venturing into the agricultural, food and beverage and paper and pulp industries, says Weba MD Mark Baller. He explains that while Weba had often received and acted on inquiries from... →

SMOOTH TRANSITION Weba Chute Systems is officially diversifying its client base, having infrequently participated in non-mining projects over the years

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