What is a “lekker” South African flavour? Is it in the roasting of freshly ground coriander seeds that will coat your biltong and spice your boerewors? Is it in the braaivleis fire smoke when your Karoo lamb tjoppie releases its first fat on the coals? Is it in the cinnamon, gingery aroma that fills a Bo-Kaap kitchen when a tomato bredie is on the stove? Is it hidden in the peri-peri chicken livers served in a warm vetkoek in Vilakazi street? Or is it in the mutton curry that fills a bunny chow in downtown Durban?
Inflation accelerates slightly in May
19/06/2019 - 11:24
Inflation accelerated slightly to 4.5% in May, giving impetus to calls for an interest cut in July.
Major food and drink firms aim to improve plastic recycling in Africa
02/04/2019 - 10:02
Diageo, Unilever, The Coca Cola Company and Nestlé have joined forces to improve the collection and recycling of plastics in Africa.
SA plants smallest maize area since worst drought
30/01/2019 - 11:57
South African maize farmers, who historically produce the continent’s biggest harvest, have probably planted the smallest area with the grain since the worst drought on record three years ago.
SA food and non-alcoholic beverages inflation unchanged
20/12/2018 - 15:33
South Africa’s food and non-alcoholic beverages inflation has bottomed out and will begin an upward cycle in the coming months, supported by an increase in agricultural commodities prices. The headline number will probably increase marginally as we expect the uptick in cattle and sheep slaughtering activity to contain meat price inflation at fairly lower levels in the near term which will, in turn, influence the overall increase.
Unilever among firms calling for net zero UK emissions by 2050
28/11/2018 - 09:04
Unilever, Danone and Coca-Cola European Partners (CCEP) are among companies which have urged the UK to aim for net zero emissions by 2050.
Sugar content in UK yoghurts “well above” recommended levels
02/10/2018 - 08:33
The sugar content of the majority of yoghurts sold in the UK is “well above” recommended sugar levels, according to research conducted by online journal BMJ Open.
Dr. Oetker acquires cake decorating company Wilton Brands
12/09/2018 - 09:20
Dr. Oetker has acquired US-based cake decorating business Wilton Brands from TowerBrook Capital Partners for an undisclosed sum.
Food and grocery price increases in South Africa: 2017 vs 2018
03/08/2018 - 10:15
Annual food inflation has continued to slow despite April’s rise in value-added tax (VAT), and some food items are actually cheaper than they were a year ago.
EU plans ban on plastic straws and other single-use plastics
30/05/2018 - 13:54
Single-use plastic products such as straws and drink stirrers may be banned across much of Europe under proposals put forward by the European Union (EU).
Nestlé to launch global children’s nutrition programme
18/05/2018 - 14:19
Nestlé has announced that it has launched a new children’s nutrition programme, which will aim to reformulate the company’s products in order to make them more nutritious.
Producer inflation drops in March, with total cost of food production falling 1.2%
03/05/2018 - 14:13
Farm and factory gate inflation, as measured by the annual change in the producer price index (PPI), decelerated to 3.7% in March from 4.2% in February.
Study finds Americans waste 150 000 tons of food per day
19/04/2018 - 11:10
Recent study findings reveal Americans waste nearly 150 000 tons of food per day, amounting to about 422g per person, and fruits and vegetables are mostly what gets tossed.
Food trends could drive production decisions
14/02/2018 - 11:01
The agricultural sector is about producing, processing and marketing food and fibre to consumers. Although the natural fibre side of agriculture should never be neglected, the largest portion of the sector remains the production of various food products.
Häagen-Dazs releases new ice cream flavour for Valentine’s Day
12/02/2018 - 10:30
Ice cream company Häagen-Dazs has launched a new limited-edition Cherry Blossom ice cream for the UK market in the run-up to Valentine’s Day.
Lindt & Sprüngli invests $32m in Olten cocoa mass facility
02/02/2018 - 13:28
Lindt & Sprüngli has announced it will invest CHF 30 million ($32 million) to expand the production capacity of its cocoa mass factory in Olten, Switzerland.
Bureau Veritas unveils state-of-the-art microbiological laboratory in Cape Town
03/11/2017 - 09:43
Bureau Veritas, the renowned international accreditation, testing and analyses global giant, today unveiled their technologically innovative, state-of-the-art microbiological laboratory in Brackenfell, Cape Town.
Philafrica aims to become big food exporter
11/10/2017 - 16:16
Philafrica Food, a recently launched subsidiary of agricultural investment holding company Afgri Group, says it plans to transform food processing in sub-Saharan Africa through investments of between $50m and $100m over the next 18 to 24 months.
Why red meat prices will soar, even if the drought is broken
26/09/2016 - 13:58
RED meat prices are expected to rise, further straining food inflation, as farmers rebuild their herds following record slaughters to cope with the worst drought in a century, industry experts say.
Spur results underline pressure on consumers as food inflation bites
08/09/2016 - 10:04
FOOD franchise group Spur Corporation’s results for the year to June suggest the pressures facing consumers are being felt most acutely in the lower end of the market.
Tiger sees SA consumers under pressure as costs rise
19/07/2016 - 12:42
Johannesburg - Tiger Brands said the risk of higher inflation will place pressure on South African consumers as the nation’s biggest food producer is raising prices to try to offset cost pressures following record maize prices.
You are now paying a lot more for food in South Africa
04/07/2016 - 08:39
A report in the Sunday Times reveals how much more South Africans are now paying for food from leading retailers.
Food will continue to be costly
14/06/2016 - 17:11
Johannesburg - South Africans may be breathing a sigh of relief that El Niño seems to have passed, but food prices will remain high well into next year.
Food may become “unaffordable”
03/03/2016 - 10:17
Johannesburg - South Africa's agriculture sector, which has been ravaged by the worst drought in recent times, has seen its input to gross domestic product (GDP) shrink by 14 percent.
Drought: SA’s warm weather set to continue
02/03/2016 - 08:54
Johannesburg - South Africa's weather will remain drier and warmer than usual until the autumn season, which begins in April, the South African Weather Service said on Monday (29 February).
High red meat prices could mean a crash in the market
02/02/2016 - 09:42
Red meat sales are likely to plunge in the coming months as consumers resist price increases in beef, triggered by the drought.
The price of everything is going up in SA
20/01/2016 - 09:04
Having lost over 30% of its value against the dollar in January, the weak rand is causing everything to go up in price – from food, to medicine, to technology.
Get ready for a food price shock in 2016
19/01/2016 - 09:40
Ongoing drought conditions and a weak currency are hammering South Africa’s food producers, who are under pressure to keep prices low.
Fire destroys over 20 000 hectares of food crop farms - Ghana
15/01/2016 - 11:34
More than 20 000 hectares of cash and food crop farms in the Asante-Akim Central Municipality have been completely ravaged by wildfire, raising fears of imminent famine in the area.
Food now key player in housing market
13/01/2016 - 08:49
Cape Town - Food might very well replace oil as the key commodity strongly linked to the fortunes of the local residential property market, John Loos, household and property sector strategist at FNB Home Loans, said on Monday.
Global food prices fall in July
07/08/2015 - 09:23
Global food prices fell to a six-year low in July, but maize prices rose, which is negative for a maize-importing country like SA.
Botswana-Zimbabwe trade shrinks
08/04/2014 - 09:24
Contrary to the expectations of the Bilateral Investment Promotion and Protection (BIPPA), an agreement that was set to unlock investment and trade windows between Zimbabwe and Botswana, data released by Statistics Botswana indicates that trade between the two countries continue to decrease.
Inflation edges up from 7.3 % to 7.6%, trade surplus up to K283 million, Zambia
10/03/2014 - 12:42
Zambia’s annual rate of inflation consumer index has risen by 0.3 percentage points from 7.3 percent in January to 7.6 percent recorded in February.
South Africa's CPI rises to 5.8%
05/03/2014 - 11:42
The consumer price index for all urban areas rose to 5.8 percent in January, Statistics SA has said.
Zambia’s annual rate of inflation rise by 0.2 percent, trade surplus ticks up
31/01/2014 - 09:34
Zambia’s annual rate of inflation as measured by the all items Consumer Index (CPI) has risen by 0.2 percent from December 2013s 7.1 percent to 7.3 percent recorded in January this year.
PPI slows down
17/12/2013 - 07:51
Johannesburg - The year-on-year producer price index (PPI) slowed to 5.8% last month, compared to 6.3% in October, Statistics SA (Stats SA) has said.
SA Grains: Maize prices end session firmer
08/08/2012 - 09:26
Johannesburg - Maize prices ended firmer on Tuesday‚ rebounding from a two-day losing run‚ which traders had attributed to some profit taking.
May wholesale trade up 8.7%
20/07/2012 - 08:31
Johannesburg - Wholesale trade sales at constant prices for May grew by 8.7% year-on-year (y/y) compared with a 9.5% y/y growth in April‚ Statistics SA data showed on Thursday.
Western Cape economy cools down
13/07/2012 - 08:05
Cape Town – Together with the chilly Cape weather the Western Cape economy is also cooling down, as is evident from the May Sake24 and BoE Private Clients Western Cape Barometer.
Cheaper oil, food put lid on inflation
22/06/2012 - 07:43
The price of Brent crude oil fell below $91 a barrel yesterday, a price last seen in December 2010, from this year’s high of $124 in March.
Tough trading likely to continue — Pick n Pay
19/06/2012 - 08:58
The country’s second-largest retailer, Pick n Pay (PIK), is operating in a time of tightened consumer spending, increased competition in the retail sector, and increased food inflation and utility costs, the retailer’s chairman, Gareth Ackerman, said on Friday.
‘Shocking’ fall in factory output raises fears over exports
11/05/2012 - 08:20
Manufacturing output contracted unexpectedly in March, suggesting that the recession in Europe is already taking a toll on exports and signalling growth in the economy may be slowing more sharply than expected.
Consumer inflation slows again
18/04/2012 - 11:42
Johannesburg - South Africa’s consumer inflation slowed to 6.0% year-on-year in March, in line with market consensus from 6.1% in February, Statistics South Africa said on Wednesday.
SA's repo rate seen steady at 5.5%
26/03/2012 - 08:12
Johannesburg - The Reserve Bank will probably keep its repo rate at its current three decade lows next week to give the struggling economy more leeway, although higher electricity and fuel costs could force it to start tightening policy later in the year.
Clothing, footwear sales boost retail confidence
16/03/2012 - 07:45
The first quarter of this year saw improved levels of confidence among retailers, as solid clothing and footwear sales growth bolstered sentiment, the latest Ernst & Young/Bureau for Economic Research survey on Thursday revealed.
Consumers remain backbone of SA economy
09/03/2012 - 07:51
Bloemfontein. – It’s consumers who are putting the zing in the South African economy at a time when low growth in foreign markets is putting a damper on the production side of the economy.
Bytes replaces 8 000 POS units at Pick n Pay
07/03/2012 - 08:16
Bytes Managed Solutions has been awarded a contract, worth over R100 million in total, to refresh the existing point-of-sale (POS) hardware infrastructure at all Pick n Pay stores over a two-year period.
Retail sales grew 5.97% in 3Q 2011
02/03/2012 - 09:21
Nominal retail sales grew 5.97% in the third quarter of 2011, compared on a year-on-year basis. This is the word from property management group Broll , based on its quarterly Retail Barometer.
Consumer inflation edges up to 6.3%
23/02/2012 - 09:34
Johannesburg - South Africa’s targeted consumer price inflation (CPI) quickened to 6.3% year-on-year (y/y) in January, from 6.1% in December, Statistics South Africa said on Wednesday.
Woolworths Floor-Space Growth to Accelerate in Second Half
21/02/2012 - 08:37
Woolworths Holdings Ltd. (WHL) plans a “big” acceleration in floor-space growth in the second half of the fiscal year, as the South African food and clothing retailer opens its first supermarkets.
Food price pressures
13/02/2012 - 07:51
Johannesburg/Lusaka - A tight grain supply outlook after several bumper harvests is set to fan food price pressures in southern Africa, fuelling salary demands and threatening to knock the region's fragile economies out of kilter.
Nestlé develops ‘frustration-free’ packaging
24/01/2012 - 08:15
Nestlé has announced that it is developing ‘frustration-free’ packaging for some of its products to ensure consumers of all ages can use them without difficulty.
South Africa Exporting Corn Risks Depleting Domestic Supplies: Commodities
23/01/2012 - 08:50
A government-backed plan to export a record corn surplus may leave South African silos drained of the country’s staple food by the end of April.
SA CPI annual average 5.0% in 2011 (4.3% 2010)
18/01/2012 - 11:02
The increase in South Africa's consumer price index (CPI), which is used by the SA Reserve Bank (SARB) for its inflation target, was 6.1% year on year (y/y) in December, from 6.1% y/y in November, Statistics SA (Stats SA) said on Wednesday.
Morocco grain strong despite planting delay
09/01/2012 - 08:01
The 2011/12 grain planting season in Morocco had a late start, with the first significant rainfalls arriving the week of October 24.
Russian Standard Vodka acquires 70% stake in Italian wine producer Gancia
20/12/2011 - 09:17
Russian Standard Vodka, a premium Russian vodka brand owned by Roustam Tariko, has bought 70% stake in F.lli Gancia & C, an Italian sparkling-wine and vermouth producer to expand the Italian company.
Transnet looks to bolster grain facility
14/12/2011 - 09:59
Transnet Port Terminals (TPT) said on Tuesday it was in talks with the agricultural sector and Department of Agriculture, Forestry and Fisheries to raise an additional R250 million needed to bolster a grain facility in East London.
Woolworths not losing sleep over Walmart
12/12/2011 - 09:47
Johannesburg - The chief executive of Woolworths Holdings [JSE:WHL] isn't worried about losing market share to Walmart in Africa, as he targets the continent's rising wealth with fashionable clothing and high-end food.
UN: Food prices stabilising at high levels
09/12/2011 - 08:19
Milan - Global food prices have been stabilising at high levels and there is still risk that prices can rise, a senior economist at the United Nations food agency said on Thursday after the UN’s food prices index showed a new monthly decline in November.
Shoprite honours top suppliers for 2011
07/12/2011 - 10:42
The Shoprite Group of Companies paid tribute to their suppliers at its 2011 Supplier Awards held in Stellenbosch on Saturday, 26 November. This glamorous ceremony, held annually, provides an opportunity for the Group to recognise suppliers for their unstinting support and collaborative approach toward the company’s business during the past year.
New packaging packs less at consumer's cost
28/11/2011 - 07:45
Johannesburg - Your favourite brand of toothpaste, chocolate, chips, rice or tomato sauce may be costing you the same, but are you getting the same amount of product for your money?
Spar full-year profit lags consensus
22/11/2011 - 07:57
Johannesburg - Grocery retailer Spar Group [JSE:SPP] missed forecasts with a 3.3% rise in full-year profit as tough competition, weak selling prices and fragile consumer demand weighed on its margins.
Consumer inflation in the spotlight
21/11/2011 - 09:49
A Bloomberg consensus of economists expects inflation’s consumer price index to have grown to 5,9% last month compared with the same month last year.
Woolworths shares dip as sales disappoint
18/11/2011 - 08:32
Shares in Woolworths fell more than 2% yesterday after the food and fashion retailer reported disappointing sales growth in its clothing unit as well as poor volume growth in its first five months of trading in its full year.
Retail sales surge signals recovery gaining pace
17/11/2011 - 11:03
Growth in retail sales surged unexpectedly in September, signalling that SA’s economic recovery was gathering momentum and quashing lingering expectations that interest rates could fall again
Joint approach towards an innovative sustainable solution
14/11/2011 - 08:49
Innovia Films and Sappi Fine Paper Europe have joined forces to demonstrate potential laminate structures, using their respective products, suitable for end users in the food, confectionery and pharmaceutical industries. These laminates provide technical functionality in addition to being made from renewable resources and offering compostability – a focus which many packaging end users are keen to pursue.
Nutrition labels should be in centre of food packaging: Study
09/11/2011 - 15:59
A new study has suggested that nutrition labels should be placed in the centre of food packaging, rather than in one corner. The study reasons that consumers are most likely to skip the information if placed other than center.
Canada aims to improve grain export supply chain
04/11/2011 - 07:44
Canada's national railway, CN and Ray-Mont Logistics have sealed an agreement designed to improve supply chain efficiency for buyers of specialty grains.
Food retailers aim for quality organic produce
18/08/2010 - 00:00
South African food retailers are taking strides to ensure that their offerings meet the rising consumer preference for organic and locally produced produce.