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Food & Beverage

BevCo acquisition expected to drive competition in the local market
17th May 2024 By: Sabrina Jardim

New Delhi-based multinational Varun Beverages says its acquisition of South African entity BevCo and its subsidiaries, valued at close to R3-billion, is set to expand its African footprint and... 


Coffee beans in a cup
Absa partnering with development finance agency to help East African coffee farmers
15th May 2024 By: Rebecca Campbell

South African banking group Absa and the International Finance Corporation (IFC – part of the World Bank group) will jointly provide a commodity trade finance facility, worth up to $60-million, to... 


instant dry yeast
Itac makes strides in investigation of active yeast dumping from Zim
15th May 2024 By: Marleny Arnoldi

The International Trade Administration Commission (Itac) has asked the South African Reserve Bank to impose provisional duties on imports of active yeast originating in or imported from Zimbabwe... 


fish processing line
Tribunal conditionally approves Sea Harvest’s acquisition of Terrasan businesses
15th May 2024 By: Marleny Arnoldi

The Competition Tribunal has conditionally approved the proposed merger whereby subsidiaries of JSE-listed seafood and aquaculture company Sea Harvest intend to acquire certain subsidiaries of... 


Cans of Score energy drinks
Alterra-led consortium to acquire majority stake in Chill Beverages
15th May 2024 By: Darren Parker

A consortium led by private equity firm Alterra Capital Partners and including broad-based investment holding company the Mineworkers Investment Company (MIC) and independent private equity house... 


Tiger Brands invests R300m in new Black Cat factory
Tiger Brands invests R300m in new Black Cat factory
9th May 2024

Africa’s largest food processing company, Tiger Brands, has unveiled a new peanut butter manufacturing facility for its Black Cat brand in Krugersdorp, which marks the single-largest capital... 


Sugar inside Durban export terminal
High Court dismisses embattled Tongaat’s appeal on levies owed to industry
8th May 2024 By: Marleny Arnoldi

After not paying levies owed to the South African Sugar Association (Sasa) since October 2022, sugar producer Tongaat Hulett has again been ordered by the Durban High Court to pay the outstanding... 


Cans with food
World Bank suggests actions for lower-emission agricultural land use
7th May 2024 By: Marleny Arnoldi

The World Bank has outlined in a report the actions that every country can take to make the global agrifood system more sustainable and achieve markable reductions in greenhouse-gas (GHG)... 


SAB VP of people Bridget Makhura.
SAB launches talent programme, invites young graduates to apply
3rd May 2024 By: Sabrina Jardim

Against the backdrop of a high unemployment rate among South Africa’s youth, beermaker South African Breweries (SAB) has launched the first edition of its SAB Talent Challenge. The SAB explains... 


Cases of Coca-Cola bottles being loaded onto a truck
Coca-Cola gears up for IPO of $8bn Billion bottling arm
30th April 2024 By: Bloomberg

Coca-Cola is gearing up for a potential initial public offering (IPO) of its African bottling business as soon as next year after previously putting the plans on hold, people with knowledge of the... 


Astral Foods broiler house
Astral to post 465% rise in earnings as operations normalise
29th April 2024 By: Marleny Arnoldi

Integrated poultry producer Astral Foods has advised that its earnings per share (EPS) for the six months ended March 31 will increase by between 465% and 475% year-on-year. This will result in... 


PepsiCo Bašumi Trust wins awards at employee share ownership conference
24th April 2024 By: Lisete Bigala

Beverage multinational PepsiCo South Africa's employee share ownership programme Bašumi Trust has received the best governance policies and the most innovative funding model awards at the... 


Imameleng Mothebe appointed AMIE CEO
23rd April 2024 By: Sabrina Jardim

Imameleng Mothebe has been appointed as the new CEO of the Association of Meat Importers and Exporters of Southern Africa (AMIE) as of May 2. She will succeed outgoing CEO Paul Matthew. 


Jars of Black Cat peanut butter
Tiger Brands unveils brand new Black Cat peanut butter factory in Krugersdorp
12th April 2024 By: Marleny Arnoldi

Food processing company Tiger Brands has unveiled a new peanut butter manufacturing facility for its Black Cat brand in Chamdor, Krugersdorp. Having moved from another facility in Randfontein, the... 


Image of Shoprite Group CEO Pieter Engelbrecht
Shoprite, four global retailers form $125m venture fund aimed at innovation
9th April 2024 By: Irma Venter

Five grocery retailers, including South Africa’s Shoprite group, have established a venture fund called W23 Global. W23 Global brings together Ahold Delhaize (US, Europe, Indonesia), Tesco (UK,... 


Tetra Pak Southern Africa MD Klaus Plenge, President Cyril Ramaphosa and KwaZulu-Natal Premier Nomusa Dube-Ncube on a tour of Tetra Pak's revamped Pinetown factory
Tetra Pak reopens Pinetown plant following R500m upgrade
4th April 2024 By: Sabrina Jardim

Food processing and packaging solutions company Tetra Pak has reopened its newly renovated factory in Pinetown, KwaZulu-Natal, following an investment of about R500-million. The investment was... 


Chickens and eggs
Chicken producer owned by the PIC seeks new debt
4th April 2024 By: Bloomberg

Daybreak Farms, a chicken company controlled by Africa’s biggest fund manager, plans to seek loans to stabilize operations and fix its balance sheet following years of mismanagement. The producer... 


African food sustainability needs greener production, less waste, PwC study shows
2nd April 2024 By: Schalk Burger

Greener food production methods and the avoidance of food waste are required to future-proof Africa’s food supply and to meet the expected future demand for nutrition in a sustainable way, says... 


The above image depicts the polyethylene and aluminium, or polyAl, a residue remaining after paper mills have recovered the paper fibres
Investments to help increase recycling in EU
29th March 2024

In February 2024, food processing and packaging solutions company Tetra Pak announced several strategic investments designed to improve the recycling capacity for carton packages in the European... 


NWU partners with IAEA to boost nutrition in Africa
28th March 2024 By: Rebecca Campbell

South Africa’s North-West University (NWU) has become the lead host institution for Anglophone African countries in a pan-African initiative launched by the International Atomic Energy Agency... 


South African food inflation continues to decelerate
28th March 2024 By: Rebecca Campbell

South African food and non-alcoholic beverage (NAB) inflation (hereafter to be referred to just as food inflation, for short) decelerated for the third month in succession, in February, the Bureau... 


white chickens
Chicken industry needs no tariff rebates because there is no shortage, Sapa stresses
27th March 2024 By: Darren Parker

Executives from the South African Poultry Association (Sapa) met with Trade, Industry and Competition Minister Ebrahim Patel last week to discuss, among other matters, tariff rebates on chicken... 


Stats SA has overestimated agriculture’s GDP decline last year, says think tank
25th March 2024 By: Rebecca Campbell

Independent think tank, the Bureau for Food and Agricultural Policy (BFAP), believes that the year-on-year (y-o-y) decline in the country’s agricultural sector gross domestic product (GDP) last... 


South Africa Wine announces deep-dive research initiative into improving Chenin Blanc value chain
20th March 2024 By: Marleny Arnoldi

Industry body South Africa Wine has partnered with the South African Grape and Wine Research Institute, the Chenin Blanc Association of South Africa and Stellenbosch University (SU) to advance the... 


Libstar Lancewood yoghurt
Libstar’s earnings dragged down by weak consumer demand
15th March 2024 By: Marleny Arnoldi

Consumer packaged goods group Libstar has reported year-on-year declines in its normalised earnings, headline earnings and operating profit for the year ended December 31. Normalised headline... 


Fish on production line
Greater energy efficiency demand in growing food, bev industry
15th March 2024 By: Tracy Hancock

Demand for drive solutions specialist SEW-EURODRIVE’s energy efficient product offering is currently strong and increasing steadily with end-users in the growing food and beverage industry and the... 


Mushrooms next to two manufactured leather rounds
White biotechnology solutions highlighted
15th March 2024

Market intelligence specialists IDTechEx reported in February that handbags made of mushroom leather and biodegradable foodware are two examples of how white biotechnology can produce functional... 


An image of the PMC500 machine for metal crown manufacturing
Cap output will benefit breweries, bottling companies
15th March 2024 By: Trent Roebeck

Leading metal crown manufacturer Coleus Packaging will produce between seven- and eight-billion metal crown closures for bottling companies, breweries and other beverage industry players in South... 


Coleus Packaging showcases new machinery for bottle crown manufacturing
Coleus Packaging showcases new machinery for bottle crown manufacturing
13th March 2024

African metal crown manufacturer and supplier Coleus Packaging, which hosted a launch event for its new machinery at its Alrode facility in Alberton, in Johannesburg, in February, aims to enhance... 


Clover recalls some peanut butter products, NCC investigates
11th March 2024 By: Sabrina Jardim

Following numerous tests that revealed higher than acceptable levels of aflatoxin, food and beverage company Clover has recalled 10 776 units of its Go Nuts Peanut Butter 400 g. The recall by... 


Roast chicken
SAPA says rebates for chicken imports are unjustified, unnecessary
11th March 2024 By: Marleny Arnoldi

The South African Poultry Association (SAPA) says it is puzzled by the International Trade Administration Commission’s (Itac’s) recommendation to Trade, Industry and Competition Minister Ebrahim... 


Astral Foods disposes of Quantum Foods stake
6th March 2024 By: Schalk Burger

JSE-listed integrated poultry producer Astral Foods has disposed of its 9.8% interest in Quantum Foods for R141.7-million. “At the time Astral acquired the 9.8% equity stake in Quantum Foods in... 


Sea Harvest CEO Felix Ratheb
Sea Harvest generates solid profit despite cost increases, low prawn pricing
6th March 2024 By: Marleny Arnoldi

Following a challenging 2022 financial year, JSE-listed vertically integrated seafood company Sea Harvest has managed to grow its earnings before interest and taxes (Ebit) by 15% to R576-million in... 


Chicken portions being packed
RCL reports higher interim earnings, unbundling of its Rainbow business
4th March 2024 By: Marleny Arnoldi

JSE-listed consumer goods group RCL Foods has posted a 48% year-on-year increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R1.5-billion for the six months ended... 


An image of The Spar Group sustainability executive Kevin O’Brien
Spar Group advancing sustainability initiatives to reduce plastic waste
28th February 2024 By: Tasneem Bulbulia

JSE-listed retailer Spar Group is undertaking several initiatives to curb the environmental impact of plastic packaging materials. This commitment aligns with the group’s dedication to phasing out... 


Heineken's returnable star bottle
Heineken invests R2.3bn in returnable glass programme in South Africa
27th February 2024 By: Schalk Burger

Multinational beer producer Heineken has invested R2.3-billion in its returnable bottle programme in South Africa, more than doubling its share of returnable glass beer bottles, as part of its goal... 


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