Vinpro projects decline in South Africa’s wine production

SOUTH AFRICA – Vinpro, a South African wine industry lobby organisation, said that wine production in the country is set to decline following the drought which has pushed down grape harvest. According to Anton Smuts, chairperson of Vinpro, this year harvests are expected to hit a thirteen year low following the radical decline in production…

Private Equity firm Agri-vie acquires 36.5% stake in Jumbo Brands

SOUTH AFRICA - Agri-Vie Fund II, a private equity fund and subsidiary of EXEO, has acquired a 36.5% stake in South Africa’s non-alcoholic beverage manufacturer, Jumbo brands. Avril Stassen, Senior Partner at EXEO Capital, revealed that the firm has been eying investments into the Fast Moving Consumer Goods industry for some time now. “The continued…

Nigeria Bottling Company set to complete production of eco-friendly bottles

NIGERIA - The Nigerian Bottling Company (NBC) Limited has unveiled plans of completing its production of eco-friendly bottles which started in 2008 alongside with increasing its production capacity across various operations this year, reports Vanguard. The Managing Director, NBC Ltd, Mr George Polymenakos, said that this in pursuit of its ambitions of promoting a sustainable…

Tanzania embarks on campaign to promote local wine

TANZANIA – Tanzania has embarked on a campaign to promote local wines dubbed as “Mkeka na Mvinyo” in it seeks to unlock the sectors potential, reports IPP MEDIA. Speaking during the launch of the campaign in an event organised by Real PR Solutions (RPR), an integrated communications company, Caroline Kirwanda said that the campaign is also…