African Universities team up to launch research centre for food security

SOUTH AFRICA – The University of Pretoria in partnership with the University of Nairobi and the University of Ghana has been awarded the privilege to host a new research center that aims to enhance food security and transform food policy on the continent. The African Research Universities Alliance Centre of Excellence for Food Security was…

South Africa’s Famous Brands shuts down 14 Gourmet Burger Kitchen stores

SOUTH AFRICA - Famous Brands, a South African holding company and food service franchiser has closed 14 out of its 17 Gourmet Burger Kitchen (GBK) under-performing stores after the approval of a restructuring plan by creditors,reports Business Day. Indications are that the UK –based stores have been struggling with low consumer spending,rising cost of labour,…

South Africa’s fast food chain Barcelos to open more outlets in Zimbabwe

ZIMBAMBWE – South Africa’s fast food giant Barcelos Flame Grilled Chicken restaurant is set to open another branch in Harare after opening its first outlet in Bulawayo as it seeks to expand into the Zimbabwean market, reports the Herald. The company director, Benson Muneri, said the expansion of the quick services restaurant into Zimbabwean market…

Tiger Brands reopens Polokwane meat factory after listeriosis hush

SOUTH AFRICA – Top Johannesburg Stock Exchange listed company, Tiger Brands has received the green-light to re-open its polony meat processing factory, Polokwane months after Health Minister Aaron Motsoaledi declared an end to the Listeria outbreak. According to a Reuters report, Tiger Brands has received permission from South Africa authorities to immediately resume production of…

Marriott’s AC Hotels opens continent’s first hotel in South Africa

SOUTH AFRICA – AC Hotels, Marriott International’s European-inspired lifestyle brand owned by Marriott International has opened its first Middle East and Africa hotel in Cape Town, South Africa. The 188-room facility was developed and owned by the Amdec Group and is located within walking distance from the Cape Town International Convention Centre. It has four…

High court ratifies listeriosis class action suit against Tiger Brands

SOUTH AFRICA - The Johannesburg high court certified the request by the law firms representing listeriosis claimants to amalgamate the cases against Tiger Brands into a one class action suit, reports Fin24. The listeriosis outbreak, which according to the world health organisation was the largest of its kind, infected over one thousand people and costed…

SA’s packaging group Master Plastics receives better buyout offer

SOUTH AFRICA - Master Plastics, South Africa’s packaging group has received higher buyout offer from its private-equity suitors after facing resistance from a prominent shareholder. According to Business Day report, MCGF II Partnership and MCGF II Investments, which initially offered Master Plastics shareholders 200c per share, confirmed that they would table a higher offer of…

South Africa’s Kaap Agri revenue rises 8% as wheat business pays

  SOUTH AFRICA – South Africa’s agricultural retailing and service company, Kaap Agri has recorded an 8% increase in revenues to US$477 million arising from a remarkable increase in its important wheat business, reports Business Day. In the year to end September, the company said wheat seed sales had recorded a 40% increase resulting in…

SA’s largest feedlot looks to China for booming exports trade

SOUTH AFRICA (Bloomberg News)- The world’s largest cattle feedlot is expanding South African beef exports beyond the Middle East to take advantage of surging demand in China and other Asian markets. Karan Beef’s feedlot, south of Johannesburg, is emblematic of a push by South African agriculture to boost exports of more niche products, ranging from…