Famous Brands blames economic crunch for casual dining slide

SOUTH AFRICA - Not even Tashas regulars have been immune to SA’s economic crunch. Releasing interim results on Monday, Famous Brands’s research showed that customers visited casual dining and quick-service restaurants 16% less frequently than a year ago as footfall through SA’s malls has dwindled. Casual dining — through its Tashas, Mythos, Turn n Tender…

Delta Corp urges Govt to adopt new excise duty regime

ZIMBABWE – Zimbabwe’s largest beverages manufacturer Delta Corporation has proposed that Government adopts a new excise duty regime on alcoholic beverages premised on absolute alcohol content as opposed to the type of alcoholic beverage, ahead of the 2018 National Budget. In its 2018 National Budget Submission to the Ministry of Finance and Economic Development seen…

Firmenich inaugurates flavours plant in Sao Paulo, Brazil

BRAZIL – Flavours and colours specialist Firmenich has officially inaugurated its manufacturing plant for encapsulated flavours in Sao Paulo, Brazil, extending its footprint to Latin America. The ceremony, which was conducted in the presence of customers, partners and its Executive committee, focused on making the new plant to serve as a centre of excellence for…

Water association reports 40% reduction in glass and plastic packaging

USA - The amount of material used to make PET, HDPE and glass water bottles fell by more than 40% between 2007 and 2015, according to a report into the environmental footprint of North America’s bottled water industry. Commissioned by the International Bottled Water Association (IBWA), the report found that total bottle material per gallon…

DanoneWave plans US$60m plant-based products plant

USA - DanoneWave, the newly combined business unit of the U.S. dairy operation of global food company Danone and WhiteWave Foods, will invest up to US$60 million in its plant-based beverage manufacturing operation in Rockingham County, Virginia. The company will add new production capacity and expand its warehouse at the Mt. Crawford facility. Virginia successfully…

Heineken unveils its first Africa inspired fashion collection

NIGERIA - Global beer brand Heineken has launched its first Africa inspired fashion collection, in collaboration with Africa’s emerging design talent, Lulu Mutuli and Azra Walji. The collections were unveiled on the catwalk of the closing show at Lagos Fashion and Design Week. It is an initiative in Heineken’s ‘Open Design Explorations’, which is global…

Local firm to set up tomato processing factory in Ethiopia

ETHIOPIA – A company that has been involved in farming and imports and exports, Gonde Import & Export Enterprise, plans to commission a tomato processing plant in Adama (Nazareth), 100Km South-west of Addis Ababa. According to Addis Fortune, the new plant, expected to start operations by mid 2018, will have a production capacity of 5000…

Tuskys to guarantee Sh3bn Nakumatt debt as part of merger deal

KENYA - The battle to save Nakumatt Supermarkets yesterday took a new turn after rival Tuskys offered to inject Sh650 million into the troubled retail chain and recurring payment guarantees of between Sh1.5 billion and Sh3 billion for the outstanding debt. The offer is subject to the Competition Authority of Kenya (CAK) approving a takeover…

Angolan food delivery startup aims for regional expansion

ANGOLA - Angolan food delivery startup Tupuca is planning on adding new features and expanding to neighbouring countries having seen solid uptake since its launch. Founded in 2015, Tupuca is Angola’s first food delivery platform, allowing users to order from multiple restaurants straight from their smartphone. The startup – which recently won the Angolan leg of the Seedstars World…