Dry spell sees milk prices rise
UGANDA – Consumers are finding it hard to have milk on their daily menu as prices go up.
UGANDA – Consumers are finding it hard to have milk on their daily menu as prices go up.
SOUTH AFRICA – Value-added products including yoghurts, custards and desserts could make up about 20% of Clover Industries’ business within a few years, says CEO Johann Vorster.
ZIMBABWE – Kwekwe based dairy firm, Dendairy has started rolling out its 100 percent fruit juice products in the market, Dendairy director Daryl Archibald has said. In an interview, Mr Archibald said the firm expects to penetrate the market with its innovative products.
SOUTH AFRICA – Rhodes Food Group said on Wednesday it would buy a Western Cape fruit juice business for R165m, its first major acquisition since the company raised R600m when listing on the JSE in October last year.
ZAMBIA – Zambeef Products Plc has increased its milk production capacity from last year’s 6 million litres to 6.5 million litres this year, despite a reduction in milk sourced from the small-scale dairy farmers.
KENYA – Kenya Cooperative Creameries boss Kipkirui Langat has been replaced with Nixon Sigey.
ZAMBIA – Raw milk production in Zambia has increased significantly this year compared to last year as most farmers intensified operations while new ones joined the industry.
KENYA – The manufacturer of the Soko maize flour has bought out a rival miller for more than Sh200 million as it seeks to expand its market share in the competitive packaged food business.
KENYA – Kenya’s pioneer Nokia distributor MiDCOM has ventured into the local dairy market in a growth and diversification strategy.
NIGERIA – In order to satisfy consumers’ demand beyond the existing offerings, Chi Limited has introduced three new variants of Chi Happy, into the marketplace.
KENYA – Meru’s dairy industry is set for a boost after a local milk processor announced plans to establish cooling stations across the county.
SOUTH AFRICA – The Competition Commission has recommended a conditional approval of the merger between JSE-listed Clover and Dairybelle’s yoghurt and long-life milk businesses.
KENYA – New KCC managing director Kipkirui Langat is set to leave the dairy firm next year, at a time when the company is in the process of selling the State-owned firm to private investors.
NIGERIA – Nigeria’s diary industry is growing moderately, with the compounded annual growth rate (CAGR) of 8 percent over the last three years and an estimated revenue of N347 billion in 2013.
ZIMBABWE – Kwekwe-based dairy concern; Dendairy has invested about $4 million in the purchase of an additional manufacturing line that will see the company increasing its product portfolio.
NIGERIA – In a major innovation in the CSD market in Nigeria, The La Casera Company has added another product – Smoov Chapman – a ready-to-drink drink in an ‘on-the-go’ plastic bottle to its expanding.
NIGERIA – Consumers across the country have commended Chi Limited for its introduction of three new variants of Hollandia Yoghurt in addition to existing variants in the market.
KENYA – Deputy President William Ruto Wednesday told African states to open up their borders for trade among themselves to close the milk deficit gaps that are currently exploited by Europe.
KENYA – Murang’a County has rolled out a Sh300 million plan to rejuvenate its dairy industry.
SOUTH AFRICA – Dairy products group Clover, which is trading under a cautionary announcement, sees opportunities for consolidation in the sector as the weak consumer environment offers limited growth opportunities.
KENYA – The Dangote Group of companies is to set up a multi-billion-shilling powder milk plant in Kenya.
ZIMBABWE – Dairibord Holdings (Dairibord)’s says its milk intake and sales slumped in the half year to June 2014.
IVORY COAST – Dutch farming cooperative Royal FrieslandCampina, one of the five largest dairy companies in the world, said on Monday it will buy the Ivory Coast dairy businesses of Singapore’s Olam International.
NIGERIA – The dairy sector has emerged the second largest segment in the food and beverage industry in Nigeria with estimated revenue of N347 billion in 2013 and an estimated compounded annual growth rate (CAGR) of 8 per cent over the last three years.