Tongaat Hulett shareholders reject remuneration policy as CFO steps down

SOUTH AFRICA - The complementary sugarcane and maize feedstocks company, Tongaat Hulett’s shareholders have voted against a non-binding advisory resolution endorsing the company’s remuneration policy at its Annual General Meeting. Meanwhile, CFO Murray Munro who joined the group in 2003 has stepped down due to health reasons but will remain as an employee of the…

Tongaat Hulett’s CEO Peter Staude to retire end of October

SOUTH AFRICA - The agricultural and sugar processor Tongaat Hulett has announced that its long-serving Chief Executive Peter Staude will be stepping down his role at the end of October after attaining the retirement age of 65 in June, Business Day reports. Staude who has been CEO of the agri-processing business since 2002 said in…

Greek yogurt maker Chobani launches the first lower-sugar yogurt range

USA – Chobani, America's number one Greek Yogurt, has launched "Hint Of" line, its first foray into the growing lower-sugar segment of the national yogurt market. The nation's No. 1 Greek yogurt maker launched the line, made solely at its South Edmeston plant in Chenango County, in December as a test, with limited distribution in…

Acqua Vitasnella launches “Le Linfe” range with sugar-free and zero-calorie functional waters

ITALY - Acqua Vitasnella, one of Italian mineral water's brands belonging to Ferrarelle SpA, has launched a “Le Linfe” range, three sugar-free and zero-calorie functional waters. The new range combines the lightness of Vitasnella with the purifying qualities of aloe vera, the draining properties of birch sap and the hydrating benefits of coconut water. According to…

Uganda considers banning sugar exports to Kenya to address shortage

UGANDA - Uganda is planning to limit or ban sugar exports to Kenya in order to protect the local market that is facing supply shortfalls, an article in the Business Daily has revealed. Due to a sugar crisis in Kenya, local traders have rushed to seize the opportunity to import sugar across the border, something…

Kenya to become the first East African state to produce industrial sugar

KENYA - Kenya is considering production of refined sugar for industrial use becoming the first in East Africa but unavailability of raw sugar, the main ingredient in the product stands in the way of such plans, an article in the EastAfrican has revealed. According to Solomon Odera, head of the Sugar Directorate at the Agriculture…

Tesco launches ‘low-calorie’ alcoholic Pimm’s ice lollies in the UK

UK - The British multinational grocery store has launched a low-calorie English alcoholic drink Pimm’s ice lollies, limited to the summer period in the UK. In line with this, Tesco has partnered with market leader POPS who have previously produced licensed products for both Fever-Tree and Fortnum & Mason. Pimm’s POPS contain 32 calories and…

Intersnack Group susbsidiary KP Snacks buys snacks company Popchips Ltd

EUROPE - Intersnack Group subsidiary KP Snacks, a British producer of branded and own-label maize, potato and nut-based snacks, has bought Popchips Ltd, which owns and operates the Popchips brand in Europe. Popchips Ltd is a subsidiary of parent company Popchips Inc, a brand of processed potato and corn products, which will continue to own…

Mondelez launches new Cadbury Dairy Milk with 30% less sugar

UK – Mondelez, an American multinational confectionery, food and beverage company, has launched new Cadbury Dairy Milk will be available in a new bar with 30% less sugar, offering consumers greater choice and helping them to manage their sugar intake. According to company, the new bar marks the most significant innovation in the brand’s history,…

PepsiCo India to reduce salt in snacks and pilot 100% plant-based packaging

INDIA - PepsiCo India has said it will reduce salt content in 75% of its snacks by 2025 as it looks to pilot 100% compostable, plant-based packaging for its popular brands in India this year. The food and beverages company is planning to cut the sodium content in its Lay’s snacks by 13-15% in line with…