Zimbabwe’s Simbisa Brands doubles half-year profits amid tough economy

ZIMBABWE – Simbisa Brands Limited, Zimbabwe’s largest fast-food group, has posted an increase in profit after tax of US$16.5 million during its six months to 31st December 2018, up from US$7.9 million posted in the […]

Zimbabwe millers close 79 businesses amid economic hardships

ZIMBABWE – The Grain Millers Association of Zimbabwe (GMAZ) has revealed that at least 79 milling companies have folded up in the country as a result of economic hardships which have seen an increase in […]

Netherlands partners Rwanda in US$18.17m project to boost horticulture output

RWANDA – Netherlands has partnered Rwanda in the launch of a US$18.17million project that seeks to increase horticulture production and improve food security in the country. The project dubbed as ‘Investment in Horticultural Development in […]

JM Smucker, Stonyfield, Grain Millers join organic fraud prevention program

USA – J.M. Smucker Co., Stonyfield and Grain Millers, Inc. have joined the Organic Fraud Prevention Solutions program launched by the Organic Trade Association (OTA) to help minimize or eliminate organic fraud. The three among […]

Olam strengthens cocoa traceability with commitment to end deforestation in supply chain

SINGAPORE – Olam International has announced that it has achieved 100% traceability of its sustainable cocoa supply chain in Ghana and Côte d’Ivoire and has committed to end deforestation in its entire global cocoa supply […]

Flour Mills of Nigeria’s shareholders approve merger of five subsidiaries

NIGERIA – Flour Mills of Nigeria Plc (FMN), an agro-allied company, has received approval from its shareholders to merge five of its subsidiaries with its holding company under a Scheme of External Restructuring. The merger […]

KP Snacks partners TerraCycle to launch packaging recycling initiative in UK

UK – KP Snacks, British producer of branded snacks has partnered with the US-based recycling firm, TerraCycle to launch a nationwide recycling scheme for its products including nuts, popcorn, crisps and pretzels packets. The partners […]

Egypt unveils plans of increasing wheat output, targets 3.6m tonnes

EGYPT – Egypt, the world’s largest wheat buyer, has unveiled plans of increasing local production to 3.6 million tonnes in the coming season that starts in April. According to a report by Reuters, Egypt’s supply […]

Tetra Pak launches Cube packaging to optimize space in distribution and storage

SWITZERLAND – The multinational food packaging and processing company, Tetra Pak has launched the Tetra Classic® Aseptic 65ml Cube package designed to optimize the use of space in distribution and storage. The new packaging is […]