Grand Parade to sell 10% stake in Spur Corporation

SOUTH AFRICA – Grand Parade Investments (GPI), a South African restaurant and gaming group, has said it will sell its 10% stake in Spur Corporation back to the steakhouse company, freeing it up to focus […]

Famous Brands partners with Moving Tactics on digital signage menu boards

SOUTH AFRICA – Famous Brands, South Africa’s leading quick service and casual dining restaurant franchisor, has appointed Moving Tactics as their digital menu board supplier. Moving Tactics, a digital signage solutions company in the country, […]

Indomie Noodles opens first ‘Heroes’ store in Lagos to expand operations

NIGERIA – Indomie Noodles, instant noodle giant in Nigeria, has opened its first ‘Heroes’ store in Lagos as part of efforts to expand its business and strengthen its operations. According to the company, the store, […]

Massmart chief executive Guy Hayward to step down

SOUTH AFRICA – Massmart, Walmart-owned South African retailer, has announced that Guy Hayward will step down from as the company’s chief executive officer by the end of the year after five years in the position. […]

PepsiCo names winner of first North American Nutrition Greenhouse program

USA – PepsiCo has announced Hapi Drinks, an Austin, Texas-based company as the winner of its inaugural North American Nutrition Greenhouse program. Hapi drinks which makes sugar-free drinks for kids was named the recipient of […]

Muller invests in Milk & More delivery fleet to expand UK operations

UK – Dairy company, Muller has announced that it is set to invest in its milk delivery service, Milk & More by expanding its fleet of electric vehicles for more deliveries in the UK. The […]

Nestle and Carrefour partner to offer full brand traceability using blockchain

FRANCE – Nestle and the French retail giant, Carrefour have partnered to use blockchain technology to offer full traceability of famous mashed potato brand, Mousline purée. Customers in France will be able to have full […]

Givaudan records a strong start to the year with 4.3% sales increase in flavors

SWITZERLAND – The Swiss flavors and fragrances company, Givaudan has recorded sales of US$1.52 million, a 6.3% increase compared to the previous year boosted by the flavors division. In the first three months of 2019, […]

Nestle launches new 100% plant-based burger in Europe, plans US debut

SWITZERLAND – The global food and beverage giant, Nestle has announced that it is launching a new 100% plant-based burger in Europe, with plans to roll out the same in the United States. From April, […]

Retail giant Pick n Pay opens 55th store in Zimbabwe in expansion drive

ZIMBABWE – International retail giant Pick n Pay has opened a new branch in Zimbabwe as it continues to pursue ambitions of growing its footprint in the country by launching more stores. Located in Victoria […]