Dairy firm to introduce Journalists Award to promote sector

TANZANIA - ASAS Dairies Ltd, a private dairy processing firm in Tanzania is contemplating on introducing Journalist Award to enhance growth in the sector by promoting existing opportunities as well as attract investments. According to Daily News, the award would motivate journalists to write more about prospective opportunities in the sector, in the long-run boost…

US-China trade war intensifies with additional tariffs on selected US products

CHINA - China’s State Council Tariff Committee (SCTC) has announced additional tariffs on selected US products set to impact roughly US$2 billion in U.S. food and agricultural exports, cites USDA. Despite the fact that it affects most food products, dairy remains unaffected after the US Dairy Export Council signed a new agreement on March 30…

Ghana’s poultry industry to grow with 6% increase in annual chicken consumption

GHANA - Ghana’s local poultry industry is predicted to possess the potential to grow in the next few years due to a 6% increase in consumption of chicken per year, report GNA. According to the Netherlands Ambassador, Mr Ron Strikker, national demand for frozen chicken stood high at 175,000Metric Tonnes(Mt) paving way for large importation…

Astral Foods wants chicken to be among VAT free food items

SOUTH AFRICA - The South African integrated poultry producer, Astral Foods has expressed its concerns following the increase of Value Added Tax (VAT) on basic commodities, saying that chicken should be exempted from the list. SA Treasury increased VAT to 15% in April from 14% it had been for the past 25 years, adding to…

Korea’s soybean production to rise 20% while consumption remains steady

KOREA - USDA has forecasted that soybean production in Korea is likely to rise steadily by 20% to 100,000 tonnes in the year 2018/2019 following government plans to plant less rice. This comes even after drought conditions during the spring 2015 planting season resulted in less rice sown, along with stressful growing conditions for newly planted…

Local and Chinese firms compete for a bid to construct US$73.24m food reserves

ETHIOPIA - Both local and Chinese firms have come out to compete in a bid to construct over 50 silos worth US$73.24 million to be used for food reserves across Ethiopia. In November 2017, the Strategic Food Reserve Agency (SFRA) through Public Procurement & Property Disposal Services (PPPDS) placed the bid to construct three silos…

Kenyans import $31.2m maize from Uganda, TZ to meet demand

KENYA - Kenya will next month waive duty to allow millers to import maize from Uganda and Tanzania. Kenyan traders imported more than 77,500 tonnes of maize worth $31.2 million since January from its neighbours. This is the highest amount of imports in the past five years as drought and the effects of the fall…

Nigeria’s maize output may fall 7% amid rising imports, pests

NIGERIA - Corn output for the 2017-18 season will probably decline by as much as 750,000 metric tonnes due to the impact of pests and increased imports, according to the Maize Association of Nigeria. Bloomberg sources quoted the President, Maize Association of Nigeria, Tunji Adenola, as saying that Nigeria was estimated to produce 10 million tonnes of…

BASF, GAIN partner on study to combat post-harvest losses

NIGERIA - A leading chemical company, BASF, has collaborated with Global Alliance for Improved Nutrition on a study aimed at finding solutions to post-harvest losses in Nigeria. According to statement from the partners, the study aims to identify the current cold storage capacity of Nigeria in both frozen and ambient temperature segments. It said the…