Flipkart and Amazon appeal for more time to comply with new FDI policy

ASIA – Amazon and Walmart-owned Flipkart have appealed to the Indian government seeking more time to comply with the new Foreign Direct Investment (FDI) policy for ecommerce. The firms have requested an extension by up to six months to comply with the new regulation announced by the government in December last year that requires a…

High intake of dietary fiber and whole grains can reduce risk of non-communicable diseases, report

WORLD - High intake of dietary fiber and whole grains has been associated with reduced risk of non-communicable diseases, according to a series of systematic reviews and meta-analyses published in The Lancet. The study, commissioned by the World Health Organization show that people who eat higher levels of the products have lower rates of non-communicable diseases…

Walmart to hire 2,000 technology experts in ecommerce boost

USA – The American retail giant, Walmart Inc plans to hire 2,000 technology experts including data scientists, engineers and designers this year to bolster its ecommerce strength. A Bloomberg report indicated that the retail giant is looking for technology hires to work in nine offices from Silicon Valley to Bangalore. According to Walmart Chief Technology…

Coca-Cola Amatil ditches plastic straws and stirrers in Australia

AUSTRALIA – Coca-Cola Amatil has announced that it will no longer distribute single-use plastic drinking straws or stirrers in Australia, and would instead stock fully recyclable and biodegradable FSC (Forest Stewardship Council) accredited paper straws starting February. The company said the new paper drinking straws will be sourced from suppliers BioPak and Austraw and made…

Arla creates new organisation to drive innovation, appoints Senior VP to lead role

DENMARK – The Danish dairy cooperative, Arla Foods has created a new Product and Innovation division and appointed Lars Dalsgaard as new Senior Vice President to lead the organisation effective April 1, 2019. This is the dairy company’s approach to driving the innovation and product development capabilities. The company said the new company fit strengthens…

Givaudan opens new US$1.2m flavour commercial center in Morocco

MOROCCO – Givaudan, a leading flavour and fragrance company, has commissioned a new Flavours technical and commercial centre in Morocco, an investment valued at US$1.22 million. The investment is part of Givaudan’s growth plan in tandem with its high growth markets strategy and demonstrates its ongoing commitment to the Maghreb and West Africa regions. Louie…

Firmenich joins RE100, commits to 100% renewable electricity by 2020

SWITZERLAND – The Swiss flavors and fragrance company, Firmenich has joined the RE100, an initiative comprising global companies that endeavour to use 100% renewable energy for electricity. The group has announced that it has achieved using 100% renewable electricity at its manufacturing sites in the US and Europe, and has committed to meet its ambitious…

South Africa’s maize and soya production to decline as drought prolongs

SOUTH AFRICA – Africa’s second largest economy, South Africa, may experience a decline in soya beans and maize production following the continued drought that has affected planting in the countries western regions, reports Business Day. According to Grain SA chief Executive Officer, Jannie de Villiers, the passing of the planting presents a likelihood of increasing…

Kenya’s KTDA to pay farmers higher prices

KENYA – The board of Kenya Tea Development Agency (KTDA) is expected to approve small-scale farmers’ monthly pay of between Sh20 and Sh25 a kilo in February 2019 as a move to curb tea hawking which has cut off supplies to the Agency. This will come as a relief to growers who have for many…

Pepsi unveils ‘For The Love of It’ campaign in a global marketing overhaul

EUROPE – The global snacks and beverage giant, Pepsi Co has launched a global marketing campaign, ‘For The Love of It’ beginning with countries from Eastern Europe and Latin America. The company aims to adopt the marketing campaign in more than 100 countries throughout the year. It looks to ‘celebrate the pop and fizz of…