South Africa’s Taste Holdings appoints Dylan Pienaar as new CEO

SOUTH AFRICA – Taste Holdings, South Africa’s licensed operator of Starbucks Coffee and Domino’s Pizza, has appointed its chief operating officer, Dylan Pienaar, as chief executive officer effective. Dylan will replace Tyrone Moodley who stepped […]

Grand Parade Investment’s Hassen Adams to step down as chairman

SOUTH AFRICA – Grand Parade Investments (GPI), a South African restaurant and gaming group, has announced that Dr Hassen Adams will step down as executive chairman of the company effective 30th June this year. The […]

Nestle’s first-quarter revenues jump 4.3% supported by high-growth categories

SWITZERLAND – Nestle has posted 4.3% rise in revenues in the first three months as the food and drinks giant continues its focus on high-growth categories. The company achieved 3.4% increase in organic growth while […]

Grand Parade Investments’ founder reduces stake amid retirement plans

SOUTH AFRICA – Grand Parade Investments’ (GPI) founder and executive chair, Hassen Adams, has reduced his holding in the South African restaurant and gaming group by 37.6% and unveiled plans of retiring from the position […]

McDonald’s to acquire Israeli personalization platform Dynamic Yield

ISRAEL – The American fast food company, McDonald’s has announced that it has reached an agreement to acquire Dynamic Yield, a Tel Aviv based provider of automated conversion optimization tools for marketers and retailers. Dynamic […]

Grand Parade to roll out more Burger King outlets to boost revenues

SOUTH AFRICA – Grand Parade Investment (GPI), the South Africa franchise operator of the Burger King has unveiled plans of opening 15 new Burger King outlets a year over the next three years across the […]

Swiggy’s parent invests US$4.3m in ready-to-cook food startup Fingerlix

INDIA – Bundl Technologies, the parent company of online food ordering restaurant chain, Swiggy has invested US$4.37 million (Rs 31.2 crore) in a ready-to-cook food delivery startup, Fingerlix. According to filings with the Registrar of […]

Mane accelerates vegetable juice development partnership with Agrival in France

FRANCE – Flavors and fragrances company, Mane is accelerating its partnership with Agrival, a specialist in the development of natural ingredients from vegetables in France. The companies are expanding their capabilities in vegetable processing at […]

Pizza Hut Ethiopia launches first exceptional gender empowerment outlet

ETHIOPIA – American pizza chain, Pizza Hut, has launched its first ever women-operated restaurant in line with its gender empowerment ambitions through the Ethiopian Business, reports Addis Standard. Speaking during the launching event at Century […]

South Africa’s Grand Parade appoints Mohsin Tajbhai as acting CEO

SOUTH AFRICA – Grand Parade Investments (GPI) said it has appointed Mohsin Tajbhai, as acting Chief Executive Officer in its strategy to shore up confidence in the listed empowerment company, reports Business report. The new […]