South Africa’s Kaap Agri revenue rises 8% as wheat business pays

  SOUTH AFRICA – South Africa’s agricultural retailing and service company, Kaap Agri has recorded an 8% increase in revenues to US$477 million arising from a remarkable increase in its important wheat business, reports Business Day. In the year to end September, the company said wheat seed sales had recorded a 40% increase resulting in…

Tanzania Bureau of Standards to launch new laboratory for efficiency

TANZANIA - Tanzania Bureau of Standards (TBS) is set to launch a new special laboratory that will see efficiency of service delivery by the bureau increased, reports Daily News. This is part of the commitment of the Tanzanian government in the implementation of its industrialisation agenda. With the expected increased industrialisation, the new lab will…

Tanzania to construct international shipping port to promote fishing

TANZANIA – Tanzania is set to construct an international shipping port to promote Sustainable Blue Economy and improve the fishing sector as well, reports the Guardian. Speaking during the sustainable blue economy conference in Nairobi, Kenya, Abdallah Ulega, the deputy minister for Livestock and Fisheries revealed that the government is in its final stages to…

Namibia’s MeatCo to cut 650 jobs for sustainable operations

NAMIBIA - MeatCo, Namibia’s meat processing company has said that it plans to cut down up to 650 jobs as a move to ensure sustainable operations as a result of economic downturn in the country, reports the Namibian. Employees were encouraged to apply for an early voluntary retirement as a precautionary measure. The company said…

Uganda approves safe development of genetically engineered foods

UGANDA - Uganda’s parliament has passed the Genetically Engineering Regulatory Bill, 2018 which aims at providing a regulatory framework for the safe development and application of biotechnology and release of genetically modified organisms (GMOs), reports The Observer. According to the Committee on Science and Technology through its Vice Chairperson, Hon. Lawrence Akugizibwe, the new bill…

Uganda considers rice import ban to improve domestic production

UGANDA - Uganda’s government is considering to stop importation of unprocessed rice by processors so as to improve the domestic supply, reports the Monitor. The consideration has been informed by a survey revealing that the country has a capacity of processing 7,158 metric tonnes per day, a situation arising from the increased number of rice…

Kraft Heinz acquires US condiments firm Primal Nutrition for US$200m

USA – Kraft Heinz has announced that it has agreed to acquire the US based condiments, sauces and dressings firm, Primal Nutrition, LLC for approximately US$200 million. Primal Kitchen will join Kraft Heinz under Springboard, which is Kraft Heinz’s dynamic platform created to partner with founders and brands that will disrupt the food industry. For…

PepsiCo and Coca-Cola to invest US$1.4b in Pakistan

ASIA – The world’s beverage giants are planning to invest in Pakistan with PepsiCo lining up US$1.2 billion in the next five years while Coca-Cola will further invest US$200 million in the coming two to three years, according to a statement from Prime Minister Imran Khan’s office. A report by Arab News reveals that the…

Cargill to invest US$70m in Thailand’s seafood and poultry in 2 years

ASIA – The American grain and agricultural trading corporation, Cargill has announced that it is committed to invest more than US$70 million in poultry and seafood in Thailand over the next two years. The investment aims to meet global demand and increasing consumption of the products while addressing the company’s innovation strategy. Cargill is looking…

Chr. Hansen expands natural colors range with new Red FruitMax

DENMARK -  Global Bioscience company, Chr. Hansen has developed a new red natural colour ingredient, FruitMax to provide manufacturers with vibrant natural colour solutions. The new product aims to solve technical challenges experienced by food and beverage manufacturers in creating a stable and vibrant red colour. FruitMax finds application in several food products such as…