AB InBev and SA Breweries invest US$30m in new production line

SOUTH AFRICA – Anheuser-Busch (AB) InBev Africa and South African Breweries (SAB) have invested US$30.92 million in a new production line launched at SAB’s Ibhayi Brewery in Port Elizabeth. This is the second line at […]

Unilever Ghana names Gladys Amoah as new Managing Director

GHANA – Unilever Ghana, the country’s largest producer and retailer of consumer goods has appointed Mrs Gladys Amoah as the new Managing Director effective November 1, 2018. Prior to her appointment, the new MD was […]

Cargill and DSM to establish a joint venture for zero-calorie sweetener options

USA – Royal DSM and Cargill have partnered to form a joint venture that seeks to develop zero-calorie, great tasting sweetener options for food and beverage producers. This comes to address the increasing need for […]

Ingredion launches new clean label potato fiber for meat and savory applications

USA – The food and beverage ingredient corporative, Ingredion has expanded its portfolio with a new clean label potato fiber for bakery, savory and meat products applications. The new Potex and Potex Crown potato fibres […]

Krones acquires Germany’s PET equipment manufacturer MHT Holding

GERMANY – German packaging and bottling machine manufacturer, Krones has acquired MHT Holding, a PET equipment manufacturer for an undisclosed amount. According to the company, the deal strengthens its PET capabilities through portfolio expansion and […]

Uganda receives US$1.5m equipment from aBi Trust to boost coffee production

UGANDA – Agribusiness Initiative Trust (aBi), a multi-donor entity devoted to private sector agribusiness development in collaboration with the Technical Centre for Agricultural and Rural Cooperation has donated US$1.51 million worth of equipment to enhance […]

Tiger Brands expects 30% decline in full year earnings with recovery from listeriosis

SOUTH AFRICA – Tiger Brands has revised its profit warning and now expects headline earnings per share to fall by between 25% and 30% as the company struggles to recover from the listeriosis tussle, reports […]