Olam profit grows despite 10.5% drop in revenue for confectionery and beverage

SINGAPORE – The global agribusiness company Olam International, has reported profit growth in the 2018 first quarter results despite 10.5% drop in revenue for its confectionery and beverage segments on both lower volumes and prices. […]

Cadbury Nigeria unveils stakeholders training to promote healthy living

NIGERIA – Cadbury Nigeria has unveiled training of its stakeholders to build on its recently launched healthy lifestyle programme to promote healthy living among children and adults, reported the Guardian. The project aims to inculcate […]

USDA appoints administration officials to its food safety agency

USA – U.S. Secretary of Agriculture Sonny Perdue has announced the appointment of Carmen Rottenberg and Paul Kiecker to the positions of administrator and deputy administrator respectively within USDA’s Food Safety and Inspection Service (FSIS). […]

Kellogg’s exits Venezuela placing blame on country’s ‘economic crisis’

USA – The US-based multinational food manufacturing company, Kellogg’s has announced it has pulled out of Venezuela citing the country’s economic hard times that were characterized by hyper-inflation and strict price controls. According to FoodBev, […]