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Food & Beverage News

Fishing companies and NGOs call for moratorium on bulk sediment seabed mining

By: Kim Cloete     13th October 2016 The Responsible Fisheries Alliance (RFA), which comprises five major fishing companies and two nongovernmental organisations, is calling for a moratorium on all new and existing prospecting and mining applications related to bulk sediment seabed mining. This follows the release of a new report... 

Famous Brands sees earnings boost of up to 74%

By: African News Agency      11th October 2016 Famous Brands said on Tuesday that it expected an increase of between 67% and 74% in headline earnings per share for the six months to the end of August. The company said headline earnings per share were expected to come in at 403c to 419c a share, up from 241c a share in the corresponding period... 

AB InBev-SABMiller deal completes

By: African News Agency      11th October 2016 Anheuser-Busch InBev on Tuesday announced the successful completion of its multi-billion dollar merger with SABMiller. AB Inbev said the combined company would have operations in “virtually every major beer market” and an expanded portfolio that included global, multi-country and local brands,... 

Rhodes Food to buy Pakco for R200m

By: Megan van Wyngaardt     4th October 2016 Rhodes Food Group will acquire food product supplier Pakco for R200-million. The JSE-listed company noted in a statement that the acquisition of Pakco aligned with its strategy of expanding its business operations through value-accretive acquisitions and that it would enhance its position in... 

Famous Brands makes its fourth buy of the year

By: News24Wire      3rd October 2016 Famous Brands on Monday announced the acquisition of its fourth business in a year, as the successful food company embarks on an acquisition drive headed by its former chief executive. The latest acquisition is a 49.9% stake in catering and events company By Word of Mouth. It did not divulge how... 

MICROmega buys CSIR Food and Beverage Laboratories

By: African News Agency      21st September 2016 IT and financial services firm, MICROmega Holdings on Wednesday announced the acquisition of CSIR Food and Beverage laboratories, formerly a division of Council for Scientific and Industrial Research (CSIR). The CSIR Food and Beverage laboratories provide chemical analytical services that focus... 

Astral expects lower FY earnings

By: Megan van Wyngaardt     12th September 2016 Owing to tough trading conditions, JSE-listed Astral Foods expects its headline earnings and earnings a share for the year ended September 30 to be 50% to 70% lower year-on-year. This implies that headline earnings a share will be between R6.05 and R10.08 apiece, compared with R20.16 the year... 

Taste in no hurry to open more Starbucks stores in South Africa

By: News24Wire      6th September 2016 Starbucks South Africa subsidiary owner, Taste Holdings, is focusing on delivering a “quality” Starbucks experience and is in not going to add any “pressure” on itself to churn out more Starbucks stores for the time being. This is according to Taste Holdings CEO Carlo Gonzaga, who was speaking at... 

Taste in no hurry to open more Starbucks stores in South Africa

Famous Brands buys UK gourmet burger chain in R2.1bn deal

By: Megan van Wyngaardt     1st September 2016 South Africans will in future be able to dine at UK restaurant chain Gourmet Burger Kitchen (GBK), following Famous Brands’ R2.1-billion buyout of GBK Restaurants. The deal will see Famous Brands introduce the burger chain to strategic locations in South Africa, while it will also set out to add... 

Famous Brands buys UK gourmet burger chain in R2.1bn deal

Trade fair to provide industry networking platform

     1st September 2016 Trade fair food & drink technology Africa (fdt Africa) – taking place on September 14 and 15 at Gallagher Convention Centre, in Midrand – is set to provide a platform for networking in the food and beverage industry. 

Trade fair to provide industry networking platform

Agriculture entrepreneurs innovate to take awards

By: Megan van Wyngaardt     1st September 2016 Innovation in the local agriculture sector was highlighted at this year’s Entrepreneur of the Year Awards, with pelleting solutions provider Agricon owner Johan Eksteen named the overall winner. Pelletising is used globally by manufacturers of animal feed or at recycling facilities that... 

Agriculture entrepreneurs innovate to take awards
Agricon owner Johan Eksteen

BevSA calls on Health Minister to address sugar-sweetened beverages tax

By: African News Agency      31st August 2016 The Beverage Association of South Africa (BevSA) on Tuesday called on Health Minister Dr Aaron Motsoaledi to address outstanding issues regarding sugar-sweetened beverages tax. This comes as Motsoaledi was due to make a speech on Tuesday night to open the World Public Health Nutrition... 

BevSA calls on Health Minister to address sugar-sweetened beverages tax
Health Minister Aaron Motsoaledi

Contract manufacturing set to grow in food and beverage industry

     19th August 2016 Contract manufacturing is a common practice in the food and beverage industry, representing between 10% and 20% of total food production. According to a May 2016 report by multinational banking and financial services company Rabobank’s, this sector is growing more rapidly than food manufacturing... 

Contract manufacturing set to grow in food and  beverage industry
CONTRACT MANUFACTURING Food manufacturing is frequently outsourced to companies that are different from the brand names consumers will recognise

Food and beverage companies aim to minimise project risk

     19th August 2016 In line with ELB Engineering Services’ (ELB’s) diversification strategy the Industrial Projects business line has expanded from its traditional pneumatic and fine handling capability into the food, beverage and fast moving consumer goods sector, as well as the power sector associated with... 

Food and beverage  companies aim to  minimise project risk
JOHN TUCKER “A big part of minimising risk in terms of project execution is securing a one-stop service provider”

Industry validates demand for ProFood Tech

     19th August 2016 With nine months until its debut, international food and beverage corporations are lining up to support the inaugural ProFood Tech event taking place from April 4 to 6, 2017, at McCormick Place in Chicago, in the US.  

Industry validates demand for ProFood Tech
INNOVATION SHOWCASE Over 10 500 m2 of exhibit space is accounted for by over 270 exhibiting companies offering innovations in the food and beverage processing industry

Packaging manufacturer joins renewable-energy campaign

     19th August 2016 Food processing and packaging solutions provider Tetra Pak has joined the RE100 renewable-energy campaign, committing to increase its use of renewable electricity from 20% today, to 100% across all global operations by 2030. The announcement was made at the Clean Energy Ministerial (CEM) forum​... 

Packaging manufacturer joins renewable-energy campaign
ASEPTIC PACKAGE IN BANGLADESH The award follows recent upgrades, including new oxygen barrier properties, which make the company’s Evero aseptic package suitable for a wider range of products

Company implements new logistics system

By: Sascha Solomons     12th August 2016 Amid the challenges of cost transparency and inefficient vehicle use, food and beverages producer and distributor Pioneer Foods implemented solutions provider Resolve Solution Partners’ in-house transport management system PLATO at its plant. The PLATO system helps generate an optimised... 

SABMiller, AB InBev merger to cross final hurdles, conclude by Oct 

By: Natasha Odendaal     2nd August 2016 JSE-listed SABMiller and multilisted Anheuser-Busch InBev (AB InBev) continue to steadily tick off preconditions and jurisdictional approvals in a landmark deal that will see the two companies merge to form a global beer conglomerate by October. In a joint statement on Tuesday, the duo announced... 

SABMiller, AB InBev merger to cross final hurdles, conclude by Oct

Pioneer to shell out £7.5m for Streamfoods

By: Tracy Hancock     1st August 2016 JSE-listed Pioneer Foods has entered into an agreement to acquire the entire issued share capital of UK-based Streamfoods, wholly owned by the Wellness Group of companies, for £7.5-million. The acquisition was in line with the stated strategic intent of acquiring and bolstering Pioneer Foods’... 

AB InBev gets China blessings for SABMiller takeover

By: African News Agency      29th July 2016 Anheuser-Busch InBev’s (AB InBev) bid to take over SABMiller Plc and create a monolith brewer moved one step closer on Friday when China’s Ministry of Commerce gave the proposed merger a clearance. AB InBev has since welcomed the conditional approval of China’s Ministry of Commerce of the... 

Southern Africa in urgent need of food production assistance

By: African News Agency      29th July 2016 Some 23-million people in southern Africa are in need of urgent support to be able to produce enough food to feed themselves and avoid being dependent on humanitarian assistance until mid-2018, the United Nations agricultural agency has warned. According to the Food and Agricultural Organisation... 

SAB takeover getting more expensive by the day

By: News24Wire      21st July 2016 The takeover of SABMiller by Anheuser-Busch (AB) InBev is looking increasingly expensive, a merger and acquisition expert said on Thursday. Warwick Business School Professor John Colley’s pessimism comes as “various competition authorities exact a heavy price to approve the deal”, he said on... 

Tiger Brands appoints new CFO

     20th July 2016 JSE-listed Tiger Brands has appointed Noel Doyle CFO with effect from August 1. He has served as COO of the company since July 2015 and also served as the company’s acting CEO from January 1 to May 9, this year. 

DTI sets up Africa-focused trade unit in bid to grow exports beyond R300bn

By: Terence Creamer     15th July 2016 The South African government believes the launch of a new one-stop-shop to facilitate higher levels of trade and investment in the rest of Africa will help consolidate the continent as the country’s most important market for value-added goods and create the platform for an expansion in exports... 

DTI sets up Africa-focused trade unit in bid to grow exports beyond R300bn

Zim approves SABMiller, AB InBev merger with conditions

By: News24Wire      5th July 2016 Zimbabwe has given the green-light to SABMiller’s merger deal with AB InBev, but has set conditions such as maintaining farmers’ contracts and maintenance of production of local brands. SABMiller controls Zimbabwean listed biggest brewer and manufacturer of soft drinks, Delta Corporation. 

Africa’s largest Coca-Cola bottler begins operations

By: African News Agency      4th July 2016 Africa’s largest bottler, Coca-Cola Beverages Africa (CCBA), on Monday opened its doors for the first day of operations. CCBA was formed in 2014 through the combination of African non-alcoholic ready-to-drink bottling interests of SABMiller, the Coca-Cola Company, and Gutsche Family Investments –... 

Africa’s largest Coca-Cola bottler begins operations

Horizontal flow wrapper available for Southern African countries

     1st July 2016 Processing and packaging equipment supplier Bosch Packaging Technology is focusing on entry-level and mid-range automation solutions for its customers in the Southern African countries, which will enable producers with small to medium production volumes to tap into automation or increase their... 

Plant-based packaging gains popularity

By: Sascha Solomons     1st July 2016 Food processing and packaging solutions provider Tetra Pak produced the world’s first package made entirely from plant materials, the Tetra Rex Bio-based, using a combination of Forest Stewardship Council-certified paperboard and certified bio-plastics materials. The company is expected to... 

BevSA welcomes KPMG sugar report 

By: Anine Kilian     23rd June 2016 The Beverage Association of South Africa (BevSA) has welcomed a report by accounting and auditing firm KPMG calling for a socioeconomic impact assessment (SEIAS) of the sugar tax proposed by National Treasury.   In the report, titled ‘Taxing your sweet tooth – Effective nudge or economic... 

Spat over saltwater levels in SA chicken 

By: News24Wire      22nd June 2016 The Association of Meat Importers and Exporters of SA (Amie) said on Tuesday it does not agree with the SA Poultry Association (Sapa) that new regulations limiting the practice of injecting chicken with saltwater (brining) would render chicken unaffordable to the poor and hurt the local industry.... 

Spat over saltwater levels in SA chicken

Unilever head urges South African firms to prioritise society not just shareholders

By: Terence Creamer     21st June 2016 The global head of consumer goods group Unilever has urged South African companies to eschew short-termism and begin integrating the United Nations’ 17 sustainable development goals (SDGs) into their operating models, describing their attainment as not only achievable, but also a high-return... 

Unilever head urges South African firms to prioritise society not just shareholders
Unilever CEO Paul Polman

Coca-Cola opens new $130m bottling plant in Mozambique

By: African News Agency      21st June 2016 Coca-Cola Bottling Company on Tuesday announced the official opening of its world-class bottling facility in Matola Gare, near Maputo, Mozambique. The plant, built over three years at a cost of $130-million, is the largest green-field facility in Coca-Cola Sabco’s history across its seven-country... 

SABMiller CEO to get R1.2bn payout – report

By: News24Wire      21st June 2016 SABMiller CEO Alan Clark will get a R1.2-billion (£55m) payout when Anheuser-Busch (AB) InBev takes over the company, the Financial Times (FT) revealed on Tuesday. Crunching the numbers from SABMiller’s annual report released on Monday, the UK-based finance publication said while Clark’s... 

SABMiller CEO to get R1.2bn payout – report

Patel to face competition watchdog in SABMiller merger

By: News24Wire      20th June 2016 The Competition Tribunal expects to hear a submission from Economic Development Minister Ebrahim Patel in the biggest proposed beer deal in history between Anheuser-Busch (AB) InBev and SABMiller. The proposed R1.657trn merger plan was reached in November as a way to gain access to emerging... 

Patel to face competition watchdog in SABMiller merger
Photo by Duane Daws
Economic Development Minister Ebrahim Patel

Prioritise labour-intensive industries – EU Chamber

By: Nadine James     17th June 2016 The European Union Chamber of Commerce and Industry in Southern Africa (EUCCIISA) believes that the manufacturing sector and the Department of Trade and Industry (DTI) should prioritise less complex, labour-intensive production – as opposed to high-end, high-precision production –  to increase... 

Prioritise labour-intensive industries – EU Chamber
Photo by Bloomberg
DRIVING GROWTH? Industry stakeholders call for greater public-private engagement and warn against prioritizing high-end high-precision industries

Why SAB–AB Inbev won’t be freezing out craft brewers

By: African News Agency      10th June 2016 As Anheuser-Busch InBev (AB InBev) sails over the hurdles it must clear before gulping down SABMiller to form a company that would brew one in every three beers consumed globally, craft beer enthusiasts will be pleased to note that the South African Competition Commission has acted to protect... 

Why SAB–AB Inbev won’t be freezing out craft brewers

Another multimillion-rand expansion at Coega IDZ

By: Dylan Slater     10th June 2016 State-owned company for the development of 11 500 ha of industrial land in Port Elizabeth, the Coega Development Corporation (CDC), last month announced a R22-million expansion project by agroprocessing company Dynamic Commodities to be developed in Zone 3 of the Coega industrial development zone... 

Another multimillion-rand expansion  at Coega IDZ
MULTI-USER FACILITY A multi-user facility worth R86-million was recently launched in Zone 3 of the Coega industrial development zone

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