South African retailer Spar Group to acquire controlling stake in Piotr Pawel

SOUTH AFRICA - Spar Group, a South African grocery chain said that it is in the final stages of talks to buy a controlling stake in Polish deli and supermarket chain Piotr i Pawel group as part of efforts to expand in Europe. Spar, which has more than 4 000 stores, runs its business majorly…

Government commissions fruit processing factory under industrialization initiative

GHANA – The Ghanaian Government has commissioned an avocado processing factory in Akuapem under government’s One-District-One-Factory industrialization initiative. The Akuapem Gold Agro Processing Limited has a capacity to process six to eight tons of avocado per hour, which also integrates 200 acres of land to support consistent fruit supply. Speaking during the inauguration ceremony, Albert…

Fonterra considers sale of stake in Brazilian joint venture, to close Australian facility

USA – New Zealand dairy giant, Fonterra has announced that it has reached an agreement with Nestle for potential sale of respective stakes in their Dairy Partners Americas (DPA) Brasil joint venture. Fonterra has also unveiled plans to close its Dennington site in Australia, a move it says is part of its new strategic direction-…

UK government to ban plastic straws, stirrers from April 2020

UK – The UK government has announced a ban on plastic straws, stirrers, and cotton buds across England, which will take effect starting April 2020. The ban which has received overwhelming support from the public, will include exemptions to ensure that those with medical needs or a disability are able to continue to access plastic…

Zimbabwean government unveils new boards for key agriculture parastatals

ZIMBABWE – The government of Zimbabwe has unveiled new board members across major agriculture parastatals in the country under the ongoing restructuring. This follows the approval of the head of state, President Mnangagwa, to dissolve entire boards and appoint new board members of the Cold Storage Commission (CSC) and Grain Marketing Board (GMB) among other…

Quantum Foods half year profits plunge 51% despite growth in revenues

SOUTH AFRICA - Quantum Foods, South African animal feeds and poultry producer, has reported 51% decline in operating profit to R121m during the six months to end March 2019 attributed to economic pressure on both divisions. Quantum said that the decline in performance was largely affected by rising raw material costs for its animal feed…

Huhtamaki opens new paper straw manufacturing facility in Ireland

IRELAND – Finnish food packaging specialist, Huhtamaki has inaugurated a new, state-of-the-art foodservice packaging manufacturing facility dedicated for producing paper straws in Northern Ireland. Located in Antrim, Belfast, the new facility is expected to employ approximately 100 people over the next few years. Huhtamaki said it plans to expand the range of products manufactured at…

Bühler opens Cubic innovation campus after investing US$49m

SWITZERLAND – Global technology company, Buhler Group has inaugurated its CUBIC innovation campus, featuring eight application centers at its headquarters in Uzwil, Switzerland. The group has invested approximately US$49.9 million (CHF 50 million) in the new facility which aims to drive innovation, training and development of new and sustainable solutions. The innovation campus looks to…

Massmart appoints Walmart veteran Mitchell Slape as new CEO

SOUTH AFRICA – Massmart, Walmart owned South African retailer, has announced the appointment of Mitchell Slape as the new Chief Executive Officer (CEO) and executive director of the company. Mitchell Slape, the chief executive officer of Walmart Japan, will replace Guy Hayward who is set to step down from as chief executive by the end…

Nigerian state government secures US$95m to finance agriculture sector

NIGERIA – Kano State in Northern Nigeria has secured a US$95 million agriculture credit facility from the Islamic Development Bank in Saudi Arabia that seeks to improve the agriculture sector. Mallam Nasiru Gawuna, Deputy Governor, Kano State, said that the funds will be used to improve the irrigation facilities in the region and strengthen its…