TANZANIA – Serengeti Breweries, a subsidiary of East African Breweries Ltd (EABL), has embarked on a TZS 28.1 bn (US$12m) expansion project of its Dar es Salaam brewing plant to increase its beer production. The […]
TANZANIA – The government of Tanzania has unveiled a transparent online platform system for the commodity auction of cashew nut to be used in the 2019/20 season. The online platform, which will be ran by […]
ZIMBABWE – Zimbabwe has commenced importation of 17,000 tonnes of maize from Tanzania to alleviate food shortages brought about by the El-Nino-induced drought compounded by Cyclone Idai which hit Zimbabwe in March, destroying many crops […]
TANZANIA -Serengeti Breweries minority investors are set to inject an additional Sh3.2 billion (US$30.8m) capital into the breweries as part of it’s deal with the majority shareholder, East African Breweries (EABL). The deal follows the […]
AFRICA – Nestlé has announced the winners of the Sub-Saharan Africa innovation challenge that was launched in May 2019 as part of its efforts to contribute to the local innovation ecosystem. Selected from among a […]
TANZANIA – Bakhresa Group, the operator of flour mills that manufacture Azam food flour brands, has rebranded its Azam wheat flour into multipurpose flour to boost market penetration. The move is part of the company’s […]
TANZANIA – Tanzania’s coffee production has almost doubled to four years high, thanks to good weather and high crop circle boom this season. Tanzania Coffee Board (TCB), acting Director General Primus Kimaryo notes that the […]
TANZANIA – The Mohammed Enterprises Tanzania Limited (MeTL) Group, a Tanzania based diversified investment company, has inaugurated new wheat and maize processing facility after investing US$89.17million (TShs 205bn). The latest 21st Century Food and Packaging […]
KENYA – Kenya has entered into an agreement with Tanzania for the purchase of one million metric tonnes of maize and flour to help the country bridge a shortfall of the commodity. Government officials from […]
KENYA – The East African Breweries Limited (EABL) posted a 57.34 per cent growth in net profit to US$115 million (Sh11.5 billion) for the year ending 30th June 2019. The company’s performance was boosted by a […]
