Tag: South Africa

South Africa’s local seasoning Oryx Desert Salt to hit shelves in USA

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SOUTH AFRICA – Local seasoning brand Oryx Desert Salt will soon be one of the few South African brands to appear on Whole Foods Market shelves in the United States. The Whole Foods listing is effective from October 2021, after many years of growing the brand locally, elsewhere in Africa and in international markets such as Qatar, Saudi Arabia, Germany, UK and Taiwan. The company says it is incredibly grateful to its local customers and partners who helped create and grow the brand, opening up this expansion into Whole Foods.…

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Astral Foods undertakes new executive appointments, introduces new role

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SOUTH AFRICA – Astral Foods Limited (Astral), South Africa’s leading integrated poultry producer, has appointed Mr. Gary Arnold, as the Chief Operating Officer (COO) of Astral with effect from 1 October 2021. This new position has been introduced with a specific mandate to optimise expansion opportunities and continuous improvement initiatives, whilst effectively allocating capital and human resources across all Astral divisions. Mr. Arnold, who is currently the Managing Director of Astral’s Agriculture Division, will continue to report to the Chief Executive Officer of the company. He has been with the…

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South Africa based Premier FMCG names Fritz Grobbelaar as its new CFO

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SOUTH AFRICA – Premier FMCG, one of South Africa’s leading and oldest consumer goods company, has appointed Fritz Grobbelaar to be its new CFO. Fritz takes over the position that was left vacant by Kobus Gertenbach, who was appointed the CEO of the company in March following the retirement of its former head Tjaart Kruger. The new CFO will build on the solid financial manufacturing foundation that has been established within Premier FMCG. “Sweating the detail is a crucial part of Fritz’s success combined with a strong focus on leadership…

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South Africa’s poultry production ups 5% attributed to implementation of sector’s master plan

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SOUTH AFRICA – South Africa’s multi-billion-dollar poultry industry is forecasted to register a 5% rise in chicken meat production in 2022 as a result of economic recovery, decreasing feed costs, and investment by the industry. In November 2019, the South African government and industry signed a Poultry Sector Master Plan that is intended to increase productivity in the poultry sector and protect the local domestic producers from alleged unfair trade practices and imports. Since 2019, South African Poultry Association (SAPA) has invested 1.14 billion rand (US$78 million) for expansion of…

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Distell’s Nederburg wines offers helping hand to South African restaurants

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SOUTH AFRICA – South African wine, cider and spirits company, Distell, through its Nederburg wines brand has launched a campaign aimed to help the hospitality sector recover revive operations. Under the campaign dubbed #TastesOfSouthAfrica, Nederburg is spending close to R1m (US$70,300) to encourage diners to return to their favourite licenced eateries in a campaign primarily designed to boost the beleaguered restaurant sector, reports Bizcommunity. The brand is giving away R600,000 (42,000) in vouchers of the 150 restaurants they are working with nationwide, that can be redeemed at participating establishments during…

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South Africa’s private label sector now commands US$5 billion of retail sales

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SOUTH AFRICA – Despite the COVID-19 pandemic shrinking retail sales, South Africa’s private label (PL) sector has continued its upward trajectory. According to a recent analysis by NielsenIQ, PL sector now commands 24.3% of the total basket of value sales in the country which equates to R71 billion (US$5 billion). This served to cement PL’s growth path from 2019, when its share of sales was 22.8% which rose to 23% by May 2020 and 24.6% by May 2021. NielsenIQ South Africa managing director Ged Nooy said, “There’s no doubt that…

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High perishables, groceries sales drive Libstar’s half year revenue growth by 8.7%

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SOUTH AFRICA – Libstar, one of South Africa’s leading Consumer Packaged Goods (CPG) manufacturers and distributors has reported an 8.7% rise in half year revenue to R5.1 billion (US$360m), boosted by growth from the food categories, which represent 93% of group revenue. The food category, comprising of perishables, groceries, snacks & confectionery and baking products, registered a revenue growth of 10.5%, benefiting from the much-improved food service channel demand and a resilient performance in the retail channel. The producer of Lancewood dairy brand and Finlar meat products, highlighted that revenue…

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Faithful to Nature becomes first retailer to offer carbon-neutral delivery service

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SOUTH AFRICA – Faithful to Nature (FTN), a South African online retailer has announced that it has attained carbon-neutral status in its delivery services. With this achievement, the company becomes South Africa’s first major retailer to offer net zero carbon-emissions delivery service. According to the grocery and wellness store, this is in line with its strategy of building a more sustainable world, reports IOL. “Every being on the planet has a right to live in a clean and toxin-free environment. “Our physical and mental well-being is intimately connected to the…

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RCL Foods register strong earnings growth despite chicken division lagging behind

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SOUTH AFRICA – South African food processor RCL Foods, has reported a 14% rise in full year revenue for the year ended June 2021 to R31.7 billion (US$2.21 billion). More notable is that the group almost posted an eight-fold increase in headline earnings by 736% to R958.1 million (US$66.94m), from a loss last year after write-downs of around R1.5 billion (US$104m) due to the Covid-19 financial fallout. Earnings before depreciation, amortisation and impairment (Ebitda) was up 47.3 percent to R2.51 billion (US$175m) and headline earnings per share jumped 723.7% to…

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South African wine company DGB expands its portfolio overseas

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SOUTH AFRICA – South African independent wine producer DGB has partnered with US wine importer Cape Classics to expand its New York City-based importer’s portfolio which currently consists of 26 brands from South Africa and France. Brands including Boschendal, The Beachhouse, Bellingham and Ribshack Red will now form part of the importer’s South African portfolio, reports Bizcommunity. Rob Bradshaw, Cape Classics President and CEO, emphasised his enthusiasm for the partnership saying, “We are exceptionally proud to represent DGB’s legacy as an incredibly inclusive wine company that produces quality-driven wine over…

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