Zimbabwe millers alert over bread shortage as flour stocks dwindle

ZIMBABWE – Grain Millers Association of Zimbabwe have warned over shrinking wheat flour stocks that may adversely impact on bread supply in the country, reports New Zimbabwe. In a notice to the National Bakers Association of Zimbabwe this week, the grain millers association said that this is as a result of the country’s inability to…

Tanzanian government calls on investors in edible oils as demand increases

TANZANIA – The Tanzanian government is seeking for investors in the edible oil sector to process and supply the product to the local market in a bid to meet the increasing demand, reports The East African. The government through the Tanzania Investment Centre (TIC) said that the call is aimed at enabling the country meet…

Wine producer Distell selects WPP as global partner agency

SOUTH AFRICA – South Africa based wine and spirit producer, Distell Group limited, has selected WPP’s Team Liquid, a global holding company, to manage the full spectrum of its marketing communications on its global portfolio of brands. WPP, a British multinational advertising and public relations company will be responsible for seven of Distell’s most prestigious…

Kenya’s dairy giant Brookside partners Co-operative Bank in a training programme

KENYA - Brookside Dairy, a leading dairy producer in Kenya, has partnered a Co-operative Bank’s capacity-building arm, the Co-op Consultancy and Insurance Agency in rolling out a training programme that seeks to enhance cooperate governance across the dairy sector. Business Daily reports that the training programme targets official from more than 300 dairy co-operatives across…

Poultry association calls for interventions as SA chicken imports hit new record

SOUTH AFRICA -  The South African Poultry Association (SAPA) has called for more interventions o protect the local poultry industry as chicken imports hit 538 434 tonnes in 2018 putting more pressure on domestic market.  According to data from the association, the imports hit a new record high last year increasing from 528 108 tons…

EU to pump US$166.74m in Ghana’s agriculture to boost food security

GHANA – The European Union, has committed US$166.74 million (£147 million) as an intervention to revolutionize the agricultural sector in Northern Ghana with an aim of improving food security in the country. The funding is part of a partnership between the European Union and the Ministry of Food and Agriculture in the country. The agricultural…

Arla’s cost-saving program pushes revenue higher, pays out all 2018 profits to farmers

DENMARK – Danish dairy producer, Arla Foods has reported improved sales and revenues from benefits of the company’s transformation program and has said that it will pay out its full year net profit to farmers. Group revenue increased to US$11.79 billion (EUR 10.4 billion) from US$11.67 billion driven by strong growth in branded sales volumes…

Glanbia Nutritionals acquires US premix and ingredient distributor Watson

USA - Glanbia Nutritionals, a nutritional subsidiary of Glanbia Plc has acquired Watson Inc., a US based supplier of nutrient premixes and ingredients for the food industry. For Glanbia, the deal whose transaction remains undisclosed strengthens its capabilities in micro-encapsulation, agglomeration, micronizing, spray drying and edible film technologies. It also cements its leadership in superior…

Coca-Cola European Partners to invest US$566m in 2019, creates CCEP Ventures

EUROPE – Coca-Cola European Partners has announced plans to invest over US$566 million (€500 million) in 2019 and has created CCEP Ventures, innovation investment programme geared towards delivering technology-focused service. The investment is part of the multi-year €1.5 billion (US$1.69 billion) investment programme, targeting to enhance new technology, supply chain capabilities and coolers. CCEP said…

Anheuser-Busch acquires US canned cocktail maker Cutwater Spirits

USA - Anheuser-Busch, a wholly owned subsidiary of Anheuser-Busch InBev has acquired American alcohol and canned cocktail maker, Cutwater Spirits for an undisclosed sum. Cutwater Spirits joins the company wide Beyond Beer portfolio with a range of canned cocktails, whiskey, Vodka, gin, rum, liqueur and mixers. Cutwater, founded in 2016, is a leader in the…