China to overtake US as the world’s largest grocery market by 2023

CHINA – China is set to become the world’s largest grocery market by 2023 in value terms, overtaking the US which has been benefiting from a strengthening economy. According to the latest statistics from international […]

Symrise’s Diana Food opens R&D facility in Canada to drive innovation

CANADA – Diana Food, the nutrition and wellness division of Symrise has opened a new research & development facility in Quebec, Canada to promote innovation in consumer nutrition and well-being solutions. The new center will […]

Barentz forms joint venture with Dutch ingredients company TasteStrik

NETHERLANDS – Barentz International B.V., a leading supplier of ingredients for the food and nutrition industry has formed a joint venture with the Dutch family business, TasteStrik. The joint venture supports Barentz’ strategy of offering […]

State releases 600,000 bags of maize to ease grain shortage

KENYA – Kenya’s National Cereals and Produce Board (NCPB) has resolved to release 600,000 bags of subsidised maize to grain millers aimed at easing grain shortage in the country. According to a Business Daily report, […]

Zimbabwe’s Ariston Holdings sustains growth momentum as revenue increase 50%

ZIMBABWE – Ariston Holdings Limited, a diversified agricultural firm in Zimbabwe, is upbeat of maintaining a growth trajectory in the second half of the current financial year following a 50% growth in revenues for the […]

Zimbabwe’s Ariston Holdings sustains growth momentum as revenue increase 50%

ZIMBABWE – Ariston Holdings Limited, a diversified agricultural firm in Zimbabwe, is upbeat of maintaining a growth trajectory in the second half of the current financial year following a 50% growth in revenues for the […]

Kenya to raise US$250m to set up value-addition hubs under industrialisation initiative

KENYA – The government of Kenya is seeking to raise US$250 million (Shs25 billion) through partnership with development partners to facilitate establishment of value-addition hubs for agriculture produce. Mwangi Kiunjuri, the Agriculture Cabinet Secretary, said […]

Thermo Fisher Scientific’s metal detector meets ‘gold standard’ requirement

UK – Thermo Fisher Scientific, an American biotechnology product development company has unveiled its latest metal detection technology which has met stringent standards set by UK leading retailer Marks & Spencer. The “gold standard” requirements […]

Uber Eats to begin testing food delivery by drone in the US

USA – Uber Eats, the online food ordering and delivery platform by Uber has said that it would start testing food delivery by drone in the region of San Diego, California as it ramps up […]

Seed Co reports 16% growth in revenues as profits increase four fold to US$9.07m

ZIMBABWE – Seed Co Limited, one of Africa’s leading seed producers, reported a 16% increase in revenues to US$73.4 million offsetting a 323% jump in after-tax-profit to US$9.07 million in the year ended March 31, […]