Syngenta expands Board with new directors from ChemChina

SWITZERLAND - Swiss-based global company Syngenta has announced that ChemChina has appointed two additional Directors, bringing its Board to a total of ten members. The appointments included that of Paul Fribourg, Chairman and Chief Executive Officer of Continental Grain Company as a Non-Executive Director and Erik Fyrwald, Chief Executive Officer of Syngenta an Executive Director.…

Nestle Cereals launches new Oat Cheerios breakfast cereal range in the UK

UK - Nestlé Cereals has launched new Oat Cheerios breakfast cereals, expanding its range of great tasting and nutritious cereals in the UK. Oat Cheerios are made with 100% British-grown whole grain oats and are enriched with vitamins and minerals, including calcium and the vitamins D and C, along with folic acid. The new range…

Danone Manifesto Ventures backs UK Ayem to launch Breakfast Protein Pots

UK – Danone Manifesto Venture, the New York-based venture arm of Danone is supporting a UK brand of vegetarian, low-fat almond blend, Ayem to launch a new range of Breakfast Protein to offer healthy proteinaceous breakfast meals. According to FoodBev, the new range aims to fill the morning protein gap as it provides a healthy…

Nigeria’s Senate asks government to suspend new alcohol and tobacco tariffs

NIGERIA – The Senate of Nigeria has requested the federal government to halt its decision on implementation of the new excise duty on alcohol and tobacco to pave way for consultation with the industries stakeholders, reports the Beverage Industry News. The senate said that this would give all stakeholders in the beverage and tobacco industry…

Tanzanian government lifts ban on maize export after a bumper harvest

TANZANIA – The Tanzanian government has lifted the ban on maize export following a bumper harvest of the crop last season which surpassed what the National Food Reserve Agency (NFRA) can purchase reports Daily News. Speaking during an Agricultural Policy workshop organised by Agricultural Council of Tanzania (ACT) in Dar es Salaam, Japheth Hasunga, the…

Starbuck’s Taste Holdings revenue falls 3% to US$34m in the half year

SOUTH AFRICA - Taste Holding, the South African operator of Starbucks has incurred an operating loss of US$6.37 million and revenue dropped 3% to US$34.33 million for the half-year to End-August, impacted by strained consumer spending, reports Business Day. The company’s said operating losses and reduction in revenue will force it to restructure its investment…

Heineken’s Rwandan subsidiary appoints Merid Demissie as new Managing Director

RWANDA - Bralirwa Plc, a local Rwandan subsidiary of Heineken has named Merid Demissie, an Ethiopian as the company’s new Managing Director effective January 1, 2019, reports New Times. Demissie will succeed Victor Madiela after his two years of service as the Managing director in the company. Merid’s appointment sheds more light into the company…

Tanzania’s sorghum market prices stabilize as supply improves

TANZANIA- Tanzania’s sorghum consumer price has stabilised following a surplus in the past four months, according to data released by the Ministry of Industry, Trade and Investment. The price is said to have remained low since July where a survey revealed that wholesale prices of a 100kg sorghum bag ranged from between US$17.32 to US$30.3,…

Unilever CEO to retire, Alan Jope named successor effective January 1

NETHERLANDS – Consumer products multinational Unilever Plc has announced that Chief Executive Officer, Paul Polman is set to retire from the company and will be replaced by Alan Jope, who is president of the company's beauty and personal care division effective 1 January 2019. Polman will stay on in a supporting role, will officially retire…

Rwanda to secure ready market for coffee and tea in China

RWANDA - Rwanda is set to expand its market for coffee and tea into China following the Chinese ambassador pledge to open market into their country, reports The New Times. Speaking during a visit to Rwanda Farmers Coffee Company, the Chinese Ambassador in Rwanda, Henry Rao Hongwei assured Rwandan coffee and tea producers of a…