Heineken case enjoins Uganda and Tanzania complainants
KENYA – The Court of Appeal has allowed two firms who took up a distribution deal with Dutch brewer Heineken to join a contract case filed against it.
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Month: July 2017
South Africa set to resume maize exports
SOUTH AFRICA – South Africa is set to regain its status as a net exporter of maize, after the drought of the past two years forced the country to import the commodity.
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FG introduces new guidelines for raw sugar allocation
NIGERIA – The federal government has in response to what it views as unsatisfactory general performance of operators in the sugar production sector in recent times, introduced new guidelines as well as putting in place benchmarks for raw sugar allocation.
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Popeyes Louisiana Kitchen to open in South Africa
SOUTH AFRICA – Popeyes Louisiana Kitchen, headquartered in New Orleans, US, will open in Sandton City next week, introducing another fried chicken brand to rival KFC.
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Honeywell flour recovers from loss, posts N5.5bn profit
NIGERIA – Honeywell Flour Mills Plc has recorded a profit before tax of N5.5 billion for the year ended March 31, 2017, compared with a loss of N2.8 billion in 2016.
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Ivory Coast said to sell 1 million tons of main cocoa crop
IVORY COAST – Ivory Coast, the world’s biggest cocoa producer, has sold 1 million metric tons of cocoa beans from its 2017 to 2018 main crop, according to a person familiar with the matter.
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SA set to have biggest soybean crop on record
SOUTH AFRICA – Despite revising South Africa’s soybean production forecast to 1.23 million tonnes in May, the Crop Estimate Committee has upped its forecast to 1.34 million tonnes – making this season’s crop the largest on record, the Agriculture Business Chamber (Agbiz) said in its latest newsletter.
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Coca-Cola Beverages Africa buys Equator Bottlers in Kenya
KENYA – South Africa-headquartered Coca-Cola Beverages Africa (CCBA) announced on Thursday that it has concluded negotiations to acquire Equator Bottlers, the third largest Coca-Cola bottler in Kenya, for an undisclosed amount of money.
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Cereals agency to sell 100,000 tonnes of maize
ZAMBIA – Food Reserve Agency (FRA) has designated to sell 100,000 tonnes of maize from the national strategic food reserve during the 2016/17 season to create space for the commodity to be purchased later this year.
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Global Group commissions soya mill plant
ZAMBIA – Global Group of Companies has commissioned a US$60 million edible oil soya bean crushing processing plant in Ndola to enable its soya meal product to penetrate the export market.
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