NEW ZEALAND – Fonterra, a New Zealand multinational publicly traded dairy co-operative has reported an impressive 50% jump in half-year…
Read MoreFonterra half-year profits jump 50% jump despite poor performance in Asia
Day: March 23, 2023
Coca-Cola pulls Innocent dairy-free products off-shelf
UK – Atlanta-based beverage company Coca-Cola Company has pulled the plug on its dairy-free beverage brand Innocent after failing to…
Read MoreRwanda eyes 600% avocado export growth by 2026
RWANDA – Rwanda is putting in place several strategies to help it achieve 600% growth in avocado exports, totaling around…
Read MoreUgandan Government seeks US$72.9m to rescue Atiak Sugar Factory from Equity Bank’s takeover
UGANDA – The Government of Uganda wants the country’s parliament to save the controversial Atiak Sugar Factory from being taken…
Read MoreGledhow Sugar Company enters business rescue as sugarcane farmers and workers face uncertain future
SOUTH AFRICA – Gledhow Sugar Company (GSC) has entered a voluntary business rescue proceeding, becoming the latest blow to the…
Read MorePepsiCo invests US$216m in regenerative agricultural projects in USA
USA – PepsiCo, one of the world’s leading food and beverage companies, has committed a US$216 million multi-year investment in…
Read MoreTea Board of Kenya faults tea factories for manipulating weighing scales
KENYA – The Tea Board of Kenya (TBK) has accused factories in tea-growing areas in the country of manipulating weighing…
Read MoreIndustry stakeholders contest bill seeking to ban use of popular additives in confectionery
US – A California bill that could outlaw products containing certain additives is drawing retaliation from industry stakeholders who have…
Read MoreIllicit alcohol production booms in Uganda, grabs 65% market share
UGANDA – According to the Uganda Alcohol Industry Association, approximately 65% of alcoholic beverage producers in Uganda are not registered, which not…
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