USA - Plant proteins are big business and a fast-growing category that companies and retailers can’t afford to ignore, according to a new report. The investor report, titled “Plant-based profits,” urges global food companies to diversify their protein sourcing away from a reliance on animal proteins and analyzes how 16 multinational companies are positioned to…
ETHIOPIA – The Norwegian Investment Fund for Developing Countries (Norfund) has announced an investment of US$7.4 million in Verde Beef Processing PLC, an Ethiopian beef producer.
ETHIOPIA – Ethiopia is to export donkey’s meat, following the start of operations at a slaughterhouse in Bishoftu (Debrezeit) town, 48Km east of Addis Abeba.
BRAZIL – After 11 days of arrests, bribery allegations and a full-blown international food-safety scare, the worst may finally be over for Brazil’s embattled meat industry.
SOUTH AFRICA – Avian flu in Europe, a tainted-meat scandal in Brazil and lower feed costs in SA have helped to reverse the outlook for local poultry producers and push their share prices towards two-year highs.
BRAZIL – Police detained an executive of BRF on Saturday, as the meat company and rival JBS took out full-page adverts to burnish their image after raids to investigate alleged bribes paid to conceal unsanitary conditions in Brazil’s meatpacking facilities.
NIGERIA – Smugglers are beginning to flood the markets with harmful frozen fish illegally brought into the country through land borders, the Federal Government has said.
ZAMBIA – Poultry Association of Zambia (PAZ) president Rodney Sisala says members are elated by Government’s assurance to guarantee them shelf space on all major supermarkets countrywide.
SOUTH AFRICA – RCL Foods, one of SA’s biggest chicken producers, says it faces a bleak future as it lays off 1,355 workers — or half the workforce — at its large Hammarsdale operations in KwaZulu-Natal.
MOROCCO – The National Association of Producers of Eggs for Consumption unveiled on January 15 that Morocco produced 5.2 billion eggs in 2015, or 160 eggs per capita per year, thus ensuring Morocco’s self-sufficiency in this commodity.