Ghana’s seafood and fish products imports up US$ 311.4m on increasing demand

GHANA - Ghana’s fish and seafood imports in 2018 grew to about US$ 311.4 million on account of increasing demand and dwindling fish stocks. According to a recent report by the Global Agricultural Information Network (GAIN), of the United States Department of Agriculture, the country imported an estimated 370,000 MT in during the period. The…

Long serving AEEI’s director Dr Charles Mehana resigns

SOUTH AFRICA – Dr Vukile Charles Mehana, non-executive director at Premier Fishing and Brands Limited’s parent company, African Equity Empowerment Investment Limited (AEEI) has resigned from the position after 12 years of service in the firm. This follows his appointment as the new chief executive officer at Sizwe Africa IT Group, a subsidiary of AYO…

AVI reports decline in revenues on constrained consumer spending

SOUTH AFRICA – AVI Limited, a South Africa based food and beverage company, posted a decline in overall headline earnings down 6% to US$69.38 million during its six months to end December 2018. AVI said that the trading environment was expected to remain difficult, with constrained consumer spending. “Selling prices of core ranges have not…

Tyson Foods in partnership to trace beef using DNA technology

USA – World’s leading meat and poultry processor, Tyson Foods has partnered with DNA diagnostics company, IdentiGEN to use DNA technology to trace beef back to the individual animal of origin. Tyson’s beef and pork subsidiary, Tyson Fresh Meats will utilize IdentiGEN’s signature DNA TraceBack® system to trace the cattle raised for Tyson’s Open Prairie®…

South Africa’s Sea Harvest on a positive 2019 outlook amid aggressive acquisitions

SOUTH AFRICA – Sea Harvest, a South African fishing and food company, said that the group was well positioned for further growth after its 2018 acquisition spree saw its asset surge from US$179.6 million to US$335.03 million in the year ended December. Sea Harvest chief executive Felix Ratheb said that the group continued invest in…

FDA lifts import ban on genetically engineered salmon, advocates for safe biotechnology

USA – The U.S. Food and Drug Administration has lifted an import ban on genetically engineered salmon as part of the efforts in advancing development of safe biotechnology innovations in the country. The 2016 import ban prevented genetically engineered salmon from entering the US until the agency finalizes on guidelines on how it should be…

Marfrig’s National Beef acquires Iowa Premium from Sysco for US$150m

USA – National Beef, the Missouri based beef processor and subsidiary of Marfrig Global Foods has acquired Iowa Premium, a meat packer previously owned by Sysco in a transaction valued at US$150 million. Iowa Premium, which is headquartered in Tama, Iowa, has daily processing capacity of 1,100 head of cattle. The company offers meat slaughtering…

USDA’S FSIS issues best practices guideline in response to customer complaints

USA - Food Safety and Inspection Service (FSIS) of the U.S. Department of Agriculture (USDA) has issued a best practices guideline to help the meat and poultry industry respond to customer complaints related to adulterated or misbranded products. The guidance reinforces the need for the industry to clearly respond to customer complaints of foreign materials…

DuPont launches poultry feed supplement Syncra® AVI in Asia Pacific

ASIA – DuPont Animal Nutrition has launched DuPont™ Syncra® AVI, a feed supplement designed to maximize nutrient digestibility in poultry production in Asia Pacific region. Syncra® AVI is a combination of two proven technologies, enzymes and probiotics, known to optimize gut health and maximize performance in poultry production. It was formulated with a unique blend…

Government unveils plans of investing in new fish processing factory

KENYA – The Nakuru County government in Kenya has unveiled plans of investing Sh13 million (US$130, 000) in setting up of a fish processing plant on the shores of Lake Naivasha. According to the Nakuru County Fisheries Officer Mathew Ngila, the fish processing plant will contribute to value addition and will also include a fish…