South Africa’s Sea Harvest on a positive 2019 outlook amid aggressive acquisitions

SOUTH AFRICA – Sea Harvest, a South African fishing and food company, said that the group was well positioned for further growth after its 2018 acquisition spree saw its asset surge from US$179.6 million to […]

Zambian Breweries’ Plc profits increase six-fold as volumes surge

ZAMBIA – Zambian Breweries Plc has posted record breaking profits after tax of US$121.36 million during its 2018 financial year from just US$18.41 million in 2017 driven by increased beer volumes. In a statement announcing […]

tna appoints Matthew Walters to lead African operations

SOUTH AFRICA – Food processing and packaging solutions provider, tna solutions Pty Ltd has appointed Matthew Walters as branch manager to head up its African operations, based in South Africa. In his new role Matthew […]

South Africa’s Libstar banks on new food products as revenues surge

SOUTH AFRICA – Libstar, a South African consumer goods manufacturer and distributor, recorded a 12.5% increase in revenues US$684.34 million during its 2018 financial year which the company attributed to the increased innovation during the […]

UK Government pledges to set zero tariff regime on some imports in no-deal Brexit

UK – The UK government has pledged to set the majority of import tariffs to zero while maintaining tariffs for the most sensitive industries within the food, beverage and agricultural space. If the case that […]

FrieslandCampina, IFDC partner to boost milk production in Nigeria

NIGERIA – FrieslandCampina WAMCO Nigeria has partnered the International Fertilizer Development Center (IFDC), a science-based public organization, in a project that aims to boost milk production for pastoralist milk producers in Nigeria. Through the partnership, […]

IFF’s Frutarom acquires majority stake in European ingredients producer Leagel

ITALY – International Flavors & Fragrances Inc has said that its Frutarom division has acquired 70% stake in in Leagel S.r.l. (“Leagel”), a leading producer of ice cream and gelato ingredients in Europe. IFF said […]

Jubilant FoodWorks ventures into Chinese cuisine with launch of first own-brand

INDIA – Jubilant FoodWorks, the operator of the fast food restaurants Domino’s Pizza and Dunkin’ Donuts has entered into Chinese fast casual segment by launching its first own-brand ‘Hong’s Kitchen’. Hong’s Kitchen has opened its […]

FrieslandCampina considers building a sustainable dairy plant in the Netherlands

NETHERLANDS – Global dairy producer, Royal FrieslandCampina has announced that it is exploring options to build a sustainable and innovative dairy processing plant in the Netherlands. The plant is intended to process member milk into […]