Bigbasket partners iD Fresh Food to launch ready to cook brand in India

INDIA – Bigbasket, one of the largest online grocery service companies in India, has partnered with iD Fresh to launch a ready-to-cook (RTC) label iD Fresho to capitalize on the easing demand for fresh and nutritious food. Bigbasket is a leading player in the online grocery market and has operations 30 cities in India, recording about 15 million customer orders per month. Bengaluru-based iD Fresh delivers its flagship idly dosa and vada batter, along with parota, paneer and filter coffee across 30,000 outlets in the country, and US and UAE.…

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Massmart shifts to bigger, upgraded Distribution Center enhancing service delivery

SOUTH AFRICA – South African retailer Massmart, has built a new state-of-the-art Distribution Centre (DC) in Brackenfell, Cape Town, featuring an eye-catching curved and seamless roof, measuring over 60 000m2. Under the roof, the DC is customized to suit Massmart’s needs with innovative modular mezzanine racking, allowing for easy expansion of picking areas to accommodate varying stock demand. With a capacity of 53 000m2, this is the second largest DC in the Massmart group, and a significant upgrade from the previous Airport DC that had a capacity of 19,500 m2.…

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Reprieve for plant-based dairy sector as EU rejects proposals to restrict use of dairy-derived terms

EUROPE – The plant-based dairy sector in the European Union is a happy lot following the decision by EU bodies to reject Amendment 171 (AM171) which would have imposed new restrictions on the terminology used by the plant-based dairy sector. If approved, the legislation would have prevented brands in the dairy alternatives sector from using descriptive terms such as ‘creamy’, ‘buttery’ or ‘vegan alternative to yogurt’. It goes without saying that the dairy alternatives sector in the EU is heavily regulated when it comes to what terms they can use…

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Mondelēz to invest US$2bn in acquisition of European baked goods firm Chipita

GREECE – Mondelēz International, an American multinational confectionery and snack food company,  has agreed to acquire Chipita, a manufacturer of croissants and baked snacks in central and eastern Europe, for $2 billion. Based in Athens, Greece, Chipita manufactures a range of croissants and baked snacks – including cakes, biscuits and spreads – under its brands 7Days, Chipicao and Fineti. The company’s baked foods are produced in 13 manufacturing plants spread across Europe and distributed to more than 56countries. The Netherlands, Greece, Germany, Bulgaria, Austria, United Kingdom, Poland, Russia, Romania, Turkey,…

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Uganda’s Hariss International debuts new premium water brand Krystal in style

UGANDA – Hariss International Limited, one of Uganda’s leading manufacturers of food and beverages, has caught the attention of Ugandan consumers, with the launch of its new premium water brand dubbed ‘Krystal Natural Mineral Water’ through a hyped promotional campaign. Sticking true to its name, Krystal is packaged in a 500ml sleek, elegant PET bottle with crystal-like edges, providing a firm grip as one sips the drink. According to the company, the water is ozonated and UV treated to make every sip pure and vibrant. Krystal is an addition to…

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Zimbabwe exempts rice from Value Added Tax, retailers welcome the move

ZIMBABWE – Zimbabwean retailers have welcomed the government’s directive of scrapping Value Added Tax (VAT) on pre-packed rice. The traders have been pushing for an exemption from paying the tax on rice packages of 25 kilogrammes or less, arguing that the decision was undermining the “Zimbabwe is Open for Business” mantra. Confederation of Zimbabwe Retailers (CZR) President Denford Mutashu, welcomed the removal of VAT saying, “The confirmation of the VAT position for rice shows that Government is indeed committed to establishing a private sector-led economy in line with the open…

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Zambian palm oil processor Zampalm increases local production while regulatory body ZABS supports cashew farmers

ZAMBIA – Zampalm, subsidiary of Zambia’s national development finance institution, the Industrial Development Corporation (IDC), is seeking to boost production of crude palm oil in the country, by on-boarding 1,000 beneficiaries into its out-grower scheme. The oil palm out grower scheme, was commissioned in 2019 by President Edgar Chagwa Lungu, to increase domestic production of palm oil and its by- products, in a bid to meet the rising local demand. According to Zampalm General Manager, David Subakanya, the processor targets to cultivate over 5,000 hectares by 2025 through the out-grower…

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Tate & Lyle’s profits jump 6% buoyed by strong growth in Food & Beverage Solutions

UK – UK -based food and beverage ingredient supplier Tate & Lyle has recorded a 6% jump in profit before tax for the year ending March 31st, the group has said in a recently released  statement. The rise in profits can be attributed strong growth recorded by Food & Beverage Solutions and a higher demand for the company’s new products. Tate and Lyle’s  Food & Beverage Solutions saw volumes rise 3% resulting in a 6% growth in revenues and a 12% jump in profits to £177m (US$250m). According to the…

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WFP enters into a pact with Tanzania Social Action Fund to strengthen food security

TANZANIA – The United Nations World Food Programme (WFP) and the Tanzania Social Action Fund (TASAF), a Government Department responsible for safety net programmes, have signed a memorandum of understanding to strengthen food security for 300,000 vulnerable families. Under this agreement, WFP will provide US$ 725,000 to TASAF to strengthen food security related activities and encourage community participation in the design of the programmes. Vulnerable families who are part of the social protection programme will come together to construct important community assets like schools, health centres and water sources. They…

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