Sugar tax takes toll on South Africa’s Clover Industries Limited performance

SOUTH AFRICA – Clover Industries Limited, a South African branded consumer goods and beverages group, has revealed that sugar tax has continued to implicate on its performance shaving off US$2.98 million during its recent half […]

Clover’s annual profit more than triples after a US$29m impairment in DFSA

SOUTH AFRICA – Clover Industries has reported that normalized annual profit more than tripled following the exit from the dairy business, Dairy Farmers of SA (DFSA) in which it recorded US$29 million impairment relating to […]

Clover shares grow on expected increase in headline earnings

SOUTH AFRICA – The branded foods and beverages group, Clover Industries said it expects its headline earnings a share to increase by between 207.13% and 227.13% for the year to June, IOL reports. Following the […]

Clover Industries partners with FUTURELIFE to launch new nutritional dairy drink

SOUTH AFRICA – Clover Industries Limited, the branded foods and beverages group has partnered with the South Africa’s functional food company FUTURELIFE to introduce Smart Drink, a nutritional dairy product to add to its portfolio […]