Farmers lobby faults grains agency maize price as too low

ZAMBIA - The Zambia National Farmers Union has charged that the recently announced K65 (US$6.50) per 50kg market price offered by the Food Reserve Agency (FRA) is absurd and horrendously low ZNFU President Jervis Zimba has since called for untampered functioning of market conditions and open borders. “We urge government to maintain consistency in the export…

AfricaRice launches US$2m project to boost food security in West Africa

COTE D’IVOIRE - AfricaRice, a Pan-African rice association has launched a US$2 million project aimed at boosting food, nutrition security through productive and sustainable use of inland valleys for rice-based systems in Ghana and Cote d’Ivoire. Additionally, the project called “Capitalizing the inland valley potential for food and nutrition security for smallholder farmers in West…

Zambeef to expand reach with a new Macro outlet in Kitwe

ZAMBIA - The food products and agribusiness company, Zambeef Plc is opening another of its popular Macro outlets in Wusakile, Kitwe as it expands its offerings on the Copperbelt. The new store is an addition to about 24 macro outlets it has opened across the country, and the company plans to launch more modern convenience…

Domino’s Pizza partners with Cold Stone Creamery to launch a ‘cultural’ ice cream flavour in Nigeria

NIGERIA - The Pizza giant Domino’s in partnership with the US ice cream parlor chain, Cold Stone Creamery has launched a new ice cream flavor called Baby Cakes alongside a squad meal that matches family lifestyles in Nigeria. To promote a cultural upbeat among consumers, the two are also collaborating with Biola Alabi Media to produce…

Zambia’s grains reserve agency sets maize buying price

ZAMBIA- The Food Reserve Agency (FRA) will buy a 50-kilogram bag of maize at 65 Kwacha (US$6.5) for the 2018 crop marketing season, a five kwacha (US 50 cents) increase from last year, reports Lusaka Times. FRA Board Chairman Joe Simachela says the price has been arrived at after a wide consultation with stakeholders among…

Walmart looking to appoint foreign executives as CFO after it completes Flipkart acquisition

INDIA - Walmart Inc., the world’s largest retailer is looking to appoint foreign executives as Chief Financial Officer (CFO), legal counsel and compliance officer at Bengaluru-based Flipkart once it completes the acquisition transaction. Revealing sources familiar with the matter, ET Retail has reported that Walmart may consider hiring from its Asda unit in the UK,…

Cambridge Commodities acquires ingredient business of Earth Circle Organics

USA - Cambridge Commodities, the UK based ingredient supplier has acquired the ingredient business of the American importer and distributor of raw and organic food, Earth Circle Organics LLC. The deal will see Earth Circle Organics’ raw and organic superfood ingredient business merge with the US arm of Cambridge Commodities to form a new division,…

New York based food processors halts food production on food safety violations

USA - New York food processors, Euroline Foods LLC and Royal Seafood Baza who jointly own a food processing facility have agreed to stop food preparation operations due to a possible Listeria contamination at the facility. A statement by the US Food and Drug Administration (FDA) said since the facility’s food preparation areas were contaminated…

SIG unveils a microwaveable hot drinks carton pack for on-the-go consumers

SWITZERLAND - SIG Holdings AG, the Switzerland based aseptic carton packaging and filling machines provider has developed an aluminium-free, microwaveable hot drinks carton pack, ‘Heat&Go’ targeting particularly Asia where on-the-go consumption is rising. The new Heat&Go aseptic pack replaces aluminium foil, has a high-barrier film and a light-blocking pigment thus protecting the product from oxygen…

Swiggy appoints former Amazon India executive as engineering head

INDIA - The online food delivery company, Swiggy has appointed Dale Vaz, former Amazon India engineering head as its new head of engineering and data sciences, ET Retail has revealed. Vaz brings in eleven years of experience from Amazon with his most recent role as the director of software engineering. He will be responsible for…