R/€ = 15.75 Change: -0.12
R/$ = 13.82 Change: -0.09
Au 1285.36 $/oz Change: -8.50
Pt 809.95 $/oz Change: 6.09


Taste appoints new CFO

By: Creamer Media Reporter      11th January 2019 JSE-listed Taste Holdings has appointed Hannes van Eeden CFO, effective January 14. Van Eeden is a qualified chartered accountant and an experienced CFO, the company said on Friday. 

Taste expects to widen FY headline loss a share

By: Anine Kilian     23rd May 2018 JSE-listed Taste Holdings expects to widen its headline loss a share to between 40.6c and 43.1c for the year ended February 28. This represents a 62% to 72% widening on the 25c headline loss in the prior year. 

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. 

Taste Holdings’ H1 loss widens

By: Schalk Burger     12th October 2017 The brutal and sustained decline in consumer spending across almost all categories that fast food and luxury goods company Taste Holdings trades in has overshadowed operational gains made during the six months ended August 31, Taste Holdings CEO Carlo Gonzaga said in a statement on Thursday. The... 

Taste to sell luxury goods division in group restructure

By: Anine Kilian     29th September 2017 JSE-listed fast-food business franchising group Taste Holdings has decided that each of its food and luxury goods divisions would be better served as stand-alone businesses and that it will sell its luxury goods division in due course. Part of this intended restructure will see Taste settle its... 

Taste Holdings’ FY loss widens, revenue up 7%

By: Anine Kilian     29th May 2017 Business franchise management group Taste Holdings, which has launched Starbucks Coffee and Domino’s Pizza outlets in South Africa, has widened its loss to R101.15-million in the financial year ended February 28, compared with a loss of R74.1-million the year before. Its headline loss a share... 

Brimstone pays out 15th consecutive dividend

By: News24Wire      28th February 2017 Brimstone recorded a 22% increase in revenue and a 147% increase in operating profit for the financial year ended 31 December 2016, the company announced on Monday. A dividend of 42c a share was declared. 

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 Holdings takes knock as it aims for growth 

By: Tracy Hancock     25th May 2016 JSE-listed Taste Holdings reported an operating loss of R78.7-million for the year ended February 29, compared with a R31.6-million profit in the year ended February 28, 2015. In 24 months, Taste Holdings had become the licensee of the worlds’ leading pizza delivery and ecommerce brand, Domino’s... 

First South African Starbucks opens

21st April 2016 The first Starbucks store in South Africa opened its doors to the public on Thursday. The store, in Rosebank, Gauteng, would offer a range of Starbucks beverages and food, including Starbucks’ ethically sourced 100% Arabica coffee. However, South African customer tastes were also taken into... 

Starbucks reveals location of first two S African stores

By: Megan van Wyngaardt     3rd March 2016 US coffee company Starbucks will open its first two stores in Rosebank and the Mall of Africa, in Midrand, next month. “Taste [Holdings] has chosen two fantastic store locations to bring the first Starbucks to South Africa and we are so excited to get started,” Starbucks Europe, Middle East and... 

Taste Holdings to raise R226m to invest in Starbucks, Arthur Kaplan

By: African News Agency      13th October 2015 Taste Holdings on Tuesday announced a rights offer to raise up to R226-million to launch Starbucks in South Africa and expand the Arthur Kaplan brand. The management company, whose diverse range of brands also includes the Domino’s pizza chain, said it already had commitments for more than 70% of... 

Taste sees Starbucks growing to 200 outlets in S Africa in five years

By: Tracy Hancock     23rd September 2015 JSE-listed Taste Holdings expects its Starbucks Coffee Company outlets in South Africa to grow from a conservative market opportunity of more than 150 outlets, initially, to more than 200 outlets in five years, following market analysis. “Despite this material market opportunity, Taste is, in the... 

Food industry continues to add value for Brimstone shareholders

By: Tracy Hancock     24th February 2015 JSE-listed Brimstone Investment Corporation has reported a total asset increase of R1.1-billion to R7.9-billion for the year ended December 31, with investments in the food sector contributing 40% of the company’s intrinsic gross asset value. In its reviewed preliminary condensed consolidated... 

Brimstone 2012 profit up 80% as investments deliver good performance

By: Idéle Esterhuizen     5th March 2013 The good performance of most of its investment companies, subsidiaries and associate companies resulted in black-empowered investment group Brimstone’s profit for the year ended December 31, 2012, having increased by 80% to R842.1-million from the previous year’s R468.8-million, CEO Mustaq Brey... 


Latest News


Latest Videos



Engineering News is a product of Creamer Media.

Other Creamer Media Products include:
Mining Weekly
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on Engineering News is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Subscribe Now for $119
Free daily email newsletter Register Now
Subscribe Now for $119 Close