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Food & Beverage

Association calls for a comprehensive review of poultry import duties
18th October 2022 By: Tasneem Bulbulia

Industry organisation the Association of Meat Importers and Exporters of South Africa (AMIE) is calling for a comprehensive review of import tariffs on poultry, saying “duties are simply another... 


Famous Brands acquires additional Gauteng properties as it plans expansion
11th October 2022 By: Schalk Burger

JSE-listed food services franchisor Famous Brands has entered into an agreement to acquire the entire share capital of and claims against Steers Properties and the entire share capital of and... 


Research body warns that South African fruit farming faces a challenging decade
30th September 2022 By: Rebecca Campbell

The Bureau for Food and Agricultural Policy (BFAP) has warned that the South African fruit farming sector, which is the largest employer of farm workers in the country, was, over the next decade... 


A group of Bricks baled together made out of cement and polystyrene which makes them more cost effective, lightweight and insulated
Contamination at source affecting recycling
30th September 2022 By: Halima Frost

A substantial portion of plastic waste is not recycled and ends up in landfills, contributing greatly to plastics being regarded as the biggest environmental threat, says industry body Plastics SA... 


A man wearing protective gloves holding a handful of shredded tires which have been broken down for recycling at the Unki Mine in Zaimbabwe owned by Anglo American Platinum
Circular economy uptake addressed
30th September 2022 By: Halima Frost

The need for and uptake of the circular economy mindset by larger organisations locally and globally was addressed during a webinar hosted by the Southern African Institute of Mining and Metallurgy... 


South African month-on-month food inflation hits a six-year high in August
29th September 2022 By: Rebecca Campbell

South African food and non-alcoholic beverage (NAB) inflation surged 1.8% in month-on-month (m-o-m) terms in August, the Bureau for Food and Agricultural Policy (BFAP) has reported in its latest... 


Oceana appoints new CFO designate and executive director
28th September 2022 By: Darren Parker

JSE-listed Oceana’s board has appointed Zafar Mahomed as CFO designate and executive director effective from November 1. He will succeed interim CFO and executive director Ralph Buddle. Following... 


bottles on production line
SAB launches ESG strategy
28th September 2022 By: Darren Parker

Beverage producer South African Breweries (SAB) has launched its first environment, social and governance (ESG) strategy, and will release its first Global Reporting Initiative-compliant ESG report... 


Remgro’s full-year headline earnings recover to above pre-pandemic levels
27th September 2022 By: Tasneem Bulbulia

Investment holding company Remgro recorded a strong financial year ended June 30, despite headwinds that the company says can be regarded as extreme events, which disrupted the global and local... 


A photo of crops being irrigated
Agri SA seeks meeting with Eskom, warns load-shedding may affect food security
22nd September 2022 By: Marleny Arnoldi

With load-shedding escalating as South Africa enters the summer crop planting season, the current energy crisis may have implications for food security into the coming year unless farmers can put... 


A photo of the Spier wine farm
Winemaker Spier sets the tone for lower-carbon production
21st September 2022 By: Marleny Arnoldi

Wine production, from growing to packaging and selling, has a heavy carbon footprint despite having “green” vineyards and, therefore, the winemaking industry has turned its attention to reducing... 


Accused Tongaat execs in court over R3.5bn fraud charges
15th September 2022 By: News24Wire

Former executives of struggling sugar producer Tongaat Hulett made their first appearance in the Durban High Court on Thursday, facing charges related to fraud amounting to about R3.5-billion.... 


Basa calls for inflation-based excise duty increases in Draft Tax Bill comments
14th September 2022 By: Schalk Burger

Industry organisation the Beer Association of South Africa (Basa), in submissions made on the 2022 Draft Tax Bills, strongly advocates for, at minimum, an increase in excise duties that is... 


Libstar CFO and incoming CEO Charl de Villiers
Libstar achieves 22% profit growth despite inflation, supply chain pressures
13th September 2022 By: Marleny Arnoldi

Consumer packaged goods group Libstar’s diverse category-led and multichannel operating model has, once again, proved its mettle with the company posting 14.1% year-on-year growth in normalised... 


Charl de Villiers
Libstar CFO to take the helm as CEO next year
12th September 2022 By: Marleny Arnoldi

Consumer packaged goods group Libstar has announced its CFO Charl de Villiers will take over as CEO, effective January 1, 2023. This follows after CEO and co-founder Andries van Rensburg... 


Commission recommends conditional approval of Heineken’s proposed takeover of Namibian Breweries
9th September 2022 By: Tasneem Bulbulia

The Competition Commission has recommended that the Competition Tribunal approve, with conditions, the proposed transaction whereby the Heineken Group through Sunside Acquisitions (Newco) intends... 


Tongaat progressing debt restructuring, provides guidance on full-year losses
9th September 2022 By: Schalk Burger

JSE-listed agriculture and agroprocessing company Tongaat Hulett this week said it was making progress with its debt restructuring plan, which has resulted in a new R600-million borrowing base... 


RCL Foods grows revenue, declares dividend, despite higher input costs
5th September 2022 By: Schalk Burger

JSE-listed diversified food company RCL Foods’ revenue increased by 10.2% to R34.9-billion for the financial year ended June 30. Earnings before interest, taxes, depreciation and amortisation... 


MD hails exhibition success
2nd September 2022

Hostex took place at the Sandton Convention Centre from 26 to 28 June, just a few days after the Covid-19 mask-wearing restrictions were lifted. Gary Corin, MD of Specialised Exhibitions - a... 


An image depicting two people using their smartphones to scan barcodes
OMRON is shaping traceability in food and beverage packaging
2nd September 2022

In the food and beverage packaging industry, authenticity is essential. Consumers need to know that the foods they are purchasing consist of the things listed on their labels, because food... 


An image depicting the PGW23 Industrial Internet of Things-ready burdon tube pressure gauge
Industry is digitalising
2nd September 2022 By: Sabrina Jardim

The introduction of the Fourth Industrial Revolution has shifted the focus towards enabling better monitoring of some critical and noncritical processes in the food and beverage industry, with... 


An image depicting Tsubaki 'Match & Tag' chains
Tsubaki ‘match and tag’ service used in sector
2nd September 2022

Modern machinery used in the food and beverage sector often requires chains of the same length to be used in pairs or other multiples. For these applications, specialists from industrial equipment... 


An image portraying a smiling man, Adrian van Wyk
SMMEs hesitant on new tech
2nd September 2022 By: Sabrina Jardim

While multinational companies in the local food and beverage industry have implemented integrated multidiscipline control systems for their operations, small, medium-sized and microenterprises... 


An image depicting the Varispeed V Drive Plus
Russia-Ukraine war impacting on sector
2nd September 2022 By: Sabrina Jardim

The war between Russia and the Ukraine has impacted the local food and beverage sector on several fronts, says bearings and power transmission supplier Bearings International (BI) market segment... 


South African food inflation hit its highest level in six years in July
31st August 2022 By: Rebecca Campbell

South African food and non-alcoholic beverage inflation hit 9.7%, in year-on-year terms, in July, the Bureau for Food and Agricultural Policy (BFAP) has reported. This is the highest level since... 


Sea Harvest grows interim revenue, but earnings, net profit decrease
29th August 2022 By: Schalk Burger

JSE-listed seafood and aquaculture company Sea Harvest achieved a 29% year-on-year increase in revenue to R2.7-billion for the six months to June 30, as revenue grew across all segments. Gross... 


Outgoing Hulamin CEO Richard Jacob
Hulamin reports strong interim results despite headwinds
29th August 2022 By: Darren Parker

Despite the global impact of the war in the Ukraine on shipping rates, the impact of commodity prices and the effects of general inflation on JSE-listed aluminium supplier Hulamin’s production... 


Photo of a glass of beer
Beer association lobbies for uniform alcohol industry tax
29th August 2022 By: Schalk Burger

Industry organisation the Beer Association of South Africa (Basa) is appealing to government to redress the disparities in the application of excise duties within the alcohol industry, which have... 


Distell profits surge on South African demand for alcoholic drinks
25th August 2022 By: Reuters

South African drinks maker Distell reported a 36.7% jump in annual profit on Thursday as consumers bought more wine, ciders and spirits despite cost of living pressures, but said rising costs were... 


Bidcorp praises staff as revenue returns to pre-Covid levels
24th August 2022 By: Schalk Burger

JSE-listed foodservice multinational Bidcorp's 25 000 employees deserve the credit for a “phenomenal job” during the financial year ended June 30, during which net revenue increased by 28.2% to... 


Oceana extends interim CFO’s tenure to January 2023
24th August 2022 By: Donna Slater

JSE-listed fishing company Oceana has been granted a dispensation for the extension of interim CFO Ralph Buddle’s tenure until January 31, 2023. Oceana suspended CFO Hajra Karrim on February 7 and... 


sunflower
Commission report points to opportunistic price increases by sunflower oil processors
24th August 2022 By: Darren Parker

According to the ‘Essential Food Pricing Monitoring Report’, released by the Competition Commission on August 24, South African consumers may be facing opportunistic price increases in sunflower... 


Solar panles
Tiger Brands moves to buy first 2 MW of solar from IPPs as part of big renewables ramp-up
17th August 2022 By: Terence Creamer

Food and beverage manufacturer Tiger Brands is moving to procure 2 MW of solar across four manufacturing sites as part of a broader initiative to introduce renewable energy across 35 sites by 2030... 


Tongaat Hulett signs 99-year lease for 2 000 ha Shongweni land parcel
15th August 2022 By: Darren Parker

A 99-year lease in Shongweni, KwaZulu-Natal, has been announced between local development company Fundamentum Property Group and sugar producer Tongaat Hulett.  The transaction, which has been... 


Libstar performs well despite supply chain disruption, cost inflation
10th August 2022 By: Marleny Arnoldi

Packaged goods manufacturer Libstar says it has experienced another period of supply chain disruptions, significant cost inflation and consumer pressures in the six months ended June 30, but still... 


Poultry association says capacity built under masterplan may lie idle
3rd August 2022 By: Schalk Burger

The South African Poultry Association (Sapa) says it is disappointed in the suspension of anti-dumping duties on certain imported chicken products, adding that the South African industry has... 


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