KENYA – Kenyan millers have strongly opposed the government’s move to allow Tanzanian firms to bring in wheat flour duty-free, fearing they will be priced out of the market.
SOUTH AFRICA – Shoprite managed to grow turnover by 10.4% over the past 12 months, despite challenging trading conditions both locally and in non-domestic markets, the group revealed in its operational update.
NIGERIA – Efforts by the federal government to diversify the economy and generate foreign exchange from other sources might have started yielding the needed results as the trade statistics report by the National Bureau of Statistics (NBS), revealed that the exportation of agricultural goods grew by 82 per cent in the first quarter of 2017.
ZIMBABWE – Anheuser-Busch InBev’s associate unit in Zimbabwe, Delta Corporation, has swung back to growth after revenues for the June quarter increased 2 percent on the back of a 12 percent growth in beer volumes.
SOUTH AFRICA – South African farmers have managed to produce 10.6 million tons of maize during the first eleven weeks of harvesting. The farmers are only 5.03 million tons shy of the 15.63 million tons projected by the Crop Estimate Committee (CEC) earlier this year.
ZIMBABWE – Health minister David Parirenyatwa, millers and industry leaders met this week and resolved to proceed “amicably” with the contentious food fortification exercise.
ZIMBABWE – Grain millers have appealed to Vice President Emerson Mnangagwa to intervene and defer the implementation of the mandatory food fortification programme indefinitely.
NIGERIA – Nigerian Breweries Plc, the foremost brewer in the country, has raised the bar in Nigeria’s ready-to-drink market with the launch of “Ace Desire,” the first zobo-flavoured alcoholic drink.
KENYA – The Treasury has extended duty waiver on imported yellow and white maize in a move aimed at increasing supply of the staple.
SOUTH AFRICA – Botswana-based Choppies may be a well-established grocery retail chain in many parts of sub-Saharan Africa, but the company has found the going tough in SA.