Farmers and millers mulling new policy regulations to revive sugar sector

KENYA - Farmers and millers mainly from the Lake Region Economic Bloc (LREB) have agreed on key proposals in the sugar regulations in a bid to adopt a new policy that would revive the long-ailing sugar sector. According to the Nation, the stakeholders led by LREB Chairman Wycliffe Oparanya and Kisumu’s Anyang’ Nyong’o agreed on…

Sugar Corporation to inaugurate third sugar factory under US$286m Omo Kuraz Project

ETHIOPIA - Ethiopian Sugar Corporation is set to inaugurate Omo Kuraz Sugar Factory Three on October 14, built with US$286.12 million loan from China Development Bank. According to the state corporation, the new factory will have the capacity of upto a thousand tonnes of sugar per day, producing three types of sugar with modern technology…

Nestlé launches new improved MILO with 25% less sugar

INDONESIA - Nestle, a transnational food and drink company, has launched new MILO with improved recipe, and 25% less sugar, as part of its continuous innovation and commitment to providing healthier and tastier choices. “Our commitment to enhancing quality of life and contributing to a healthier future is what motivates Nestlé’s innovation and renovation efforts…

Nigeria’s sugar production misses target by 510,000T on massive importation

NIGERIA - Nigeria’s sugar production has failed to reach the set target by 510,000 tons over a period of four years to August 2018, blamed on massive importation of the commodity, New Telegraph reports. Nigeria has allowed sugar producers to import refined sugar into the country but their inability to meet the projected target every…

Product reformulation a success in Ireland, industry says

EUROPE - The Irish trade association, Food Drink Ireland (FDI) has said that product reformulation rather than taxes, has brought tangible results for public health, a critical indicator for the success of the industry, a Euractiv article reveals. This is in line with the 2016 Reformulation Project report launched by FDI in collaboration with Crème…

Government opens new bidding process for stalled sugar projects

ETHIOPIA - The government of Ethiopia has announced a new bidding process for the construction of stalled sugar projects and is considering awarding the work to Chinese firms for completion, reports Addis Fortune. Sugar Corporation, the government-owned sugar milling firm responsible for the construction of the sugar factories has invited three companies to visit the…

Fonterra expands range by the launch of high protein flavoured drinks Anchor Protein+

NEW ZEALAND – Fonterra, a New Zealand multinational dairy co-operative, has expanded its protein range by the launch of high-flavoured drinks, Anchor Protein+ to its New Zealand market. According to the company, the new beverage features 20g of protein per serve and unlike most flavoured milk drinks, contains no added sugar, and the first time…

Tanzania reaches consensus to allow Uganda sugar imports amid duty

TANZANIA - Tanzania has reached an agreement to allow sugar imports from Uganda though this would only happen during periods of scarcity, a report from the Joint Permanent Commission meeting held in Kampala reveals. According to theEastAfrican, the meeting was attended by permanent secretaries from the two East African countries and came after a series…

Kilombero Sugar introduces new affordable sugar packs for retailers

TANZANIA - Kilombero Sugar Company, a subsidiary of Africa's largest sugar producer Illovo Sugar Africa has launched smaller sugar packs to enhance availability of the commodity at affordable prices at the retail level, Daily News has reported. According to the company, the initiative was a result of customers’ quest for the product packed in smaller…

Britannia approves 1:2 share split to enhance stock affordability and liquidity

ASIA - Britannia Industries’ board has approved share split in the ratio 1:2 to make stock more affordable for the small retail investors and increase liquidity. According to ET Retail, the division which awaits approval of the members and authorities will see authorization of 250m shares worth US$7.14mn in share capital besides 120.1m equity shares…