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Food & Beverage News

South African food inflation rose sharply in May

By: Rebecca Campbell     29th June 2022 Food inflation in South Africa rose sharply in May, in both year-on-year (y-o-y) and month-on-month (m-o-m) terms, the Bureau for Food and Agricultural Policy (BFAP) has reported in its latest Food Inflation Brief. In y-o-y terms, food and non-alcoholic beverage prices last month were up 7.6%. In... 

CA&S Group lists on the JSE main board

By: Donna Slater     27th June 2022 Fast-moving consumer goods services group CA Sales Holdings, trading as CA&S Group, was listed on the main board of the JSE at the opening of the stock exchange’s markets at 09:00 on June 27. The JSE listing comes after CA&S listed on the BSE in 2017.  

CA Sales Holdings lists on the JSE

Country Bird launches expanded Tigane processing plant

By: Tasneem Bulbulia     24th June 2022 Southern African agricultural business Country Bird Holdings’ (CBH’s) newly expanded Supreme Chicken Tigane chicken production facility in Hartebeesfontein, North West, was officially launched on June 23, the culmination of over five years of planning and the realisation of R180-million worth of... 

An image showing the new air chiller at the Tigane plant
Inside the new air chiller

Is it possible to convert old coal mines into successful farms?

By: Darren Parker     24th June 2022 The rehabilitation of South Africa’s closed coal mines has long been a source of contention among miners, environmental activists and affected communities. Numerous old mines were not rehabilitated at all, while many others were rehabilitated to within only the bare minimum requirements of the... 

Magazine cover image

Testing phase of steam drum finalised

By: Halima Frost     24th June 2022 Earlier this month, steel fabricator and welding specialist Hydra-Arc finished the post weld heat treatment (PWHT) and pressure test of the third of four drums on an order for a client in the sugar industry.   The order – procured in August last year, which will be supplied and commissioned by... 

A welder at Hydra Arc's Middleburg premises is seen welding a large drum which will be used in the sugar industry
UNDER PRESSURE The pressure testing and post weld heat treatment of three of four drums on order has been finalised

Farmers petition government to intervene in Tiger Brands factory closure

By: Darren Parker     23rd June 2022 Fruit producers have made urgent requests to the Western Cape provincial government, as well as national government, to intervene in food manufacturer Tiger Brands’ decision to close down its canning factory in Ashton, in the Western Cape, which agriculture industry association Agri SA believes... 

Billionaire Wiese’s Brait is ready with IPO of food business

By: Bloomberg     22nd June 2022 Brait SE is ready to list South African food maker Premier as soon as more favourable stock market conditions allow -- in what would be the first initial public offering on Johannesburg’s bourse since 2018. The investment group has completed six to nine months of preparation work ahead of the... 

Chenin Blanc conference to be held in South Africa

By: Tasneem Bulbulia     15th June 2022 Stellenbosch, in the Western Cape, has been selected as the global meeting point this November for a multi-disciplinary congress on Chenin Blanc, a white wine grape. South Africa has more Chenin vines planted than the rest of the world combined; however, Chenin’s birthplace is the Loire, in France. 

Pandemic induces change in food and beverage behaviour for the better – Tetra Pak

By: Donna Slater     15th June 2022 The Covid-19 pandemic has resulted in a shift in the way people approach everyday life and the ways they prepare and consume food and beverages, food processing and packaging solutions company Tetra Pak’s latest index report shows. The report reveals that the pandemic has reinforced the value... 

S African coatings event well attended

By: Halima Frost     10th June 2022 This year’s Coatings for Africa 2022 conference, organised by global events organiser DMG Events, was held at the Sandton Convention Centre, in Gauteng, from May 4 to 6. The event was hosted by multinational coatings industry representatives The Coatings Group and supported by industry bodies... 

A man standing at a podium speaking on the topic of coatings and paint development at teh Coatings for Africa 2022 expo held in Sandton last month
HOT TOPIC The Coatings for Africa event was held in Sandton last month after a four year haitus

Takeover Regulation Panel nullifies shareholder waiver of Magister’s investment into Tongaat

By: Donna Slater     3rd June 2022 Sugar, ethanol, animal feeds and cattle company Tongaat Hulett reports that the Takeover Regulation Panel (TRP) has completed its investigation, concluding that the third parties and Magister Investments are concert parties, and accordingly that the shareholder waiver has been nullified as a... 

South Africa’s wine industry facing challenges, but also opportunities, this season

By: Marleny Arnoldi     3rd June 2022 Although South Africa’s 2022 wine grape crop estimate, at 1.37-million tonnes, is 5.5% smaller than in 2021, it is still larger than the five-year average of 1.34-million tonnes, says industry body Vinpro. The smaller wine grape crop this year can be attributed to a decline in the overall... 

Coca-Cola Beverages Africa opens new $100m Ethiopia bottling plant

By: Schalk Burger     2nd June 2022 Beverages multinational Coca-Cola Beverages Africa (CCBA) says its new $100-million bottling plant at Sebeta, in Ethiopia, will unlock export opportunities, increase local production and ease foreign exchange constraints. The company also added 500 employees to its workforce in the country. 

No racketeering decision yet in former Tongaat Hulett execs' fraud case

By: News24Wire      2nd June 2022 The National Director of Public Prosecutions has not yet made a decision on whether or not to charge former high-profile Tongaat Hulett executives with racketeering. This emerged on Thursday when the six appeared again before Durban Regional Court Magistrate Garth Davis. 

AMIE reiterates call for local chicken producers to further develop export markets

By: Donna Slater     1st June 2022 The Association of Meat Importers and Exporters (AMIE) has reiterated its stance that importing chicken into South Africa is crucial to keeping prices of locally available chicken in check for consumers, who it says are struggling to afford this vital source of protein. AMIE CEO Paul Matthew... 

Famous Brands declares dividend as headline earnings rise by 568% y/y

By: Marleny Arnoldi     31st May 2022 Food services franchisor Famous Brands has achieved a 568% year-on-year increase in headline earnings a share to 356c for the financial year ended February 28. The company declared a dividend of 200c for the year. 

Famous Brands CEO Darren Hele
Famous Brands CEO Darren Hele

South African terms of trade boon provides unique opportunity for the economy

By: Darren Parker     27th May 2022 South Africa is currently enjoying a terms of trade boon, with export prices outpacing import prices, market research firm Intellidex director and capital markets research head Peter Attard Montalto said on May 25. “It’s an unusual situation, driven by metals prices and helped by the fact that... 

Truck and fruit
South Africa is currently a net exporter of food

SA poultry producers missing out on export market with lax livestock health standards

By: Donna Slater     26th May 2022 The South African poultry industry is “missing a massive opportunity” to export products as a result of it not meeting the health and safety standards required by trade blocs such as the European Union (EU), says the South African Association of Meat Importers and Exporters (AMIE). A robust and... 

Kgodiso Development Fund investing R28m to support emerging raisin farmers

By: Schalk Burger     25th May 2022 The Kgodiso Development Fund has announced two new investments totalling R28-million, aimed at supporting emerging farmers in the raisin industry. The first project, in the Northern Cape, involves an investment of R12-million for the first year, in a partnership with industry association Raisins... 

Tiger Brands warns of more price rises as cost pressures build

By: Reuters     25th May 2022 Tiger Brands will intensify efforts to reduce costs and minimise price rises but significant increases are inevitable, South Africa's largest food producer said on Wednesday as it reported a decline in profit. Consumer goods makers around the world are raising prices to offset soaring energy,... 

South African food inflation slowed a little in April, but still heading up

By: Rebecca Campbell     23rd May 2022 South African food (and non-alcoholic beverages) inflation decelerated slightly last month, in both year-on-year (y-o-y) and month-on-month (m-o-m) terms, the Bureau for Food and Agricultural Policy (BFAP) has reported. In its latest Food Inflation Brief, the think tank noted that y-o-y food... 

Need for fire-related event realised

By: Halima Frost     20th May 2022 Event organisers Specialised Exhibitions’ inaugural Firexpo South Africa 2022 will highlight the services and products of local suppliers in the fire prevention and protection sector to visitors. The event will be hosted from May 31 to June 2 at the Gallagher Convention Centre, in Midrand, Gauteng. 

A picture of two gentlemen shaking hands at a branded stand at an event hosted by event organizer Specialised Exhibitions
FACE TIME The inaugural FireExpo 2022 will be held at the Gallagher Convention Centre and is one of the first in person expo's being held in over two years

Growing demand for fire solutions in food industry

By: Halima Frost     20th May 2022 Fire risk management company ASP Fire has noted a steady increase in its percentage of food industry-related revenue, owing to the insurance industry placing stricter fire safety requirements on clients. The increase in revenue has also been driven because of word-of-mouth referrals and ASP... 

Fire protection foam dosing system on offer

By: Halima Frost     20th May 2022 Fire protection equipment supplier DoseTech offers its FireDos fire protection foam dosing technology, known as proportioners, to the South African fire prevention and firefighting market. The company explains that foam is the only way to effectively fight certain fire scenarios. 

A large fire fighting nozzle which is fitted with a Dosetech Fire Dos proportioner which mixes air water and foam agent to effectively fight fires.
IN THE MIX Dosetech's Firedos proportioners offer the perfect mix of water air and foam agent to fight fires successfully

Tongaat chairperson Von Zeuner steps down

By: Creamer Media Reporter      19th May 2022 Louis von Zeuner has resigned as chairperson of sugar producer Tongaat Hulett, but will remain on the board until June 30 to ensure a smooth handover to interim chairperson David Noko. Noko is lead independent nonexecutive director and will serve as interim chairperson until a successor is... 

Libstar seeks to partner with food-focused small businesses

By: Marleny Arnoldi     18th May 2022 Consumer packaged goods manufacturer Libstar is on the lookout for well-established, food-focused small businesses to partner with. The company, through its incubator project Libstar Nova, aims to enrich and scale up the operations of local entrepreneurs that average between R15-million and... 

Pick n Pay, Takealot partner to sell groceries, liquor on Mr D app

By: Darren Parker     17th May 2022 Retail chain Pick n Pay and online store Takealot have signed a commercial services agreement which will enable customers across South Africa to buy Pick n Pay food, groceries and liquor on a new platform on the food delivery services application (app) Mr D.   In a statement issued on May 17, the... 

Pick n Pay delivery bikes parked in front of a store

Astral posts higher interim profit, revenue

By: Donna Slater     16th May 2022 Integrated poultry producer Astral increased its revenue for the six months ended March 31 by 26.5% year-on-year to R9.4-billion, while its net profit from continuing operations increased by 145% year-on-year to R546.86-million. Operating profit from continuing operations increased by 134%... 

South African coal consumers face tough decisions as miners prioritise exports over domestic offtakers – Jones 

By: Donna Slater     13th May 2022 A potential food crisis may be brewing in South Africa as domestic coal consumers face increasing difficulty in securing coal supplies at a fair price to fire their processing plants, says commodity insights and marketplace company African Source Markets CEO Bevan Jones. He tells Mining Weekly... 

An image of African Source Markets CEO Bevan Jones
African Source Markets CEO Bevan Jones

SAB, AB InBev reiterate commitment to investing in South Africa

By: Darren Parker     12th May 2022 Despite the negative impact of the lockdown-related alcohol bans in South Africa – particularly in 2020 – beer maker South African Breweries (SAB) CEO Richard Rivett-Carnac and parent company Anheuser-Busch InBev (AB InBev) CEO Michel Doukeris have reiterated the group’s commitment to investing... 

Beer bottles being manufactured

Industrial software professionals engage during technical streams at conference

By: Schalk Burger     11th May 2022 The Industry Software Solutions and Support (IS3) X-Change User Conference, aimed at providing the attending industrial software professionals with technical overviews and insights into industrial automation solutions and processes, saw the professionals get detailed updates on various industrial... 

Ukraine war fuels food crisis in distant Africa

By: Reuters     11th May 2022 Zimbabwean security guard Edwin Dapi was already struggling to provide for his wife and four children before a conflict 11 000 km away in Ukraine sent global prices for grains, cooking oils, fuel and fertilizer soaring. Now his monthly pay of 18 000 Zimbabwe dollars, worth roughly $55 at the... 

SA Canegrowers assists 21 000 small-scale sugar growers as industry faces headwinds

By: Donna Slater     10th May 2022 Contributions by sugarcane organisation the South African (SA) Canegrowers made up a significant portion of R225-million that was distributed to small-scale growers in January, after funds were distributed to help combat severe challenges that continue to plague the industry, including cheap... 

AB InBev joins rivals in benefiting from higher beer prices

By: Bloomberg     5th May 2022 Anheuser-Busch InBev’s profit was boosted as consumers kept buying more expensive beers, which mitigated the impact of soaring expenses. First-quarter earnings before interest and other items rose 7.4% on an adjusted basis, the company said Thursday. Analysts expected a 3.9% gain. 

Coca-Cola African bottler's $3bn IPO delayed by Ukraine turmoil

By: Reuters     3rd May 2022 Coca-Cola's estimated $3-billion initial public offering (IPO) for its African bottling unit will likely take place in the third quarter after market turmoil linked to the war in Ukraine upset plans to list earlier, three sources said on Tuesday. The flotation of Coca-Cola Beverages Africa (CCBA)... 

Food, energy price shocks from Ukraine war could last for years, warns World Bank

By: Tasneem Bulbulia     26th April 2022 The war in Ukraine has dealt a major shock to commodity markets, altering global patterns of trade, production and consumption in ways that will keep prices at historically high levels through the end of 2024, the World Bank’s latest ‘Commodity Markets Outlook’ report shows. The increase in... 

Astral expects to report up to 150% increase in interim earnings

By: Schalk Burger     25th April 2022 JSE-listed poultry producer Astral Foods expects its earnings a share for the six months ended March 31, to increase by between 140% and 150% year-on-year. In a trading statement, the company says this implies that earnings a share are likely to be between R14.21 and R14.80, compared with the... 

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