UK – The acquisition of Hungary’s Dreher in 1993 is listed as an important milestone in SABMiller’s history.
SOUTH AFRICA – Nestlé South Africa has officially opened a new instant coffee manufacturing plant in Estcourt following expansion works at the factory.
ZIMBABWE – Zimbabwe Stock Exchange-listed diversified group Innscor Africa (Innscor)’s retail and distribution unit, Axia Corporation Limited (Axia), is expected to start trading on the local bourse next month.
NIGERIA – Swiss food company Nestlé has opened a new water bottling facility in Abaji, Nigeria to tap into the rising demand for bottled water in the country.
SOUTH AFRICA – Africa’s largest sugar producer Illovo Sugar has announced that Associated British Foods (ABF) plans to take the remaining shareholding in the company; gaining full control of Africa’s biggest sugar producer.
KENYA – A Kenyan therapeutic foods manufacturer is set to receive Sh1.4 billion in funding from the International Finance Corporation (IFC), enabling the firm expand its business eight-fold.
NIGERIA – GSK Consumer Nigeria Plc has confirmed that it has received a non-binding offer from, Suntory Beverage & Food, SBF Limited to diversify its drinks business comprising the bottling and distribution of Ribena and Lucozade and part of the Agbara manufacturing site.
SOUTH AFRICA – Economic Development Minister Ebrahim Patel’s determination to keep Appletiser produced in SA has prompted onerous conditions for a merger that would create the continent’s largest bottler of soft drinks.
GHANA – Caltech Ventures, a cassava cropping and processing company at Hodzo, in the Ho Municipality, is to begin the production of cassava-derived ethanol by March this year, the first in Ghana.
ETHIOPIA – Schulze Global Investments (SGI) has invested three to seven million dollars in a local milk processing company, MB Plc, for a 45pc share of the company.