Hindustan Unilever records 19% increase in profits to beat estimates

INDIA – Mumbai based consumer goods company, Hindustan Unilever Ltd (HUL) has reported 19.17% increase in profit to US$222.9 million in its first quarter ended 30 June 2018, beating estimates. According to ET Retail, HUL’s […]

Koelenhof becomes first SA winery to produce white wine from red grapes

SOUTH AFRICA – Koelenhof Winery and Bottling is the first South African wine producer to make white wine referred to as cinsaut blanc from red grapes and also the first to use a fully automatic pressing […]

UberEats inks product distribution deal with Café Coffee Day (CCD)

INDIA – The American online food ordering and delivery platform, UberEats through UberPortier B.V has entered into an agreement with Café Coffee Day (CCD) for food products distribution in India. According to Coffee Day Enterprises, […]

Fruit drinks manufacturer Tasty Time warns public against product abuse

NIGERIA – Tasty Time Nigeria Limited (TTNL), a manufacturer of fruit flavored drinks has denied support for misuse of its products, warning the public against use of some of its products for substance abuse, reported […]

NWK sells chicken and feed business to CBH for US$22m to focus on maize

SOUTH AFRICA – North West Co-operative (NWK), the 4AX-listed company has sold its chicken and animal feed business, Opti Agri to Country Bird Holdings (CBH) for US$22.32 million as it shifts its focus on maize […]

RSPO reinstates Nestlé’s certificates and membership status

ASIA – The Roundtable on Sustainable Palm Oil (RSPO) has reinstated Nestlé S.A.’s membership following the submission of its time-bound action plan to achieve 100% RSPO certified sustainable palm oil by 2023. Nestle earlier in June had […]