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Exports to Brazil take off over South American trade deal

Exports to Brazil take off over South American trade deal

10/04/2019 - 11:03
The ratification of trade agreements between the Southern African Customs Union (Sacu) and the Southern Common Market (Mercosur), a South American trade bloc, has been a key driver of the increase in exports to Brazil.  read more
Mondelēz set to close two production facilities in Brazil

Mondelēz set to close two production facilities in Brazil

27/03/2018 - 11:46
Mondelēz has announced that it will close two of its Brazilian production facilities by the end of 2018. read more
Imports of food products from Brazil shut down amid safety check scandal

Imports of food products from Brazil shut down amid safety check scandal

23/03/2018 - 15:05
The Department of Agriculture, Forestry, and Fisheries has suspended imports of food products from various establishments in Brazil suspected of fraudulently evading food safety checks. read more
Private label sales in Brazil grow to almost €1.5 billion

Private label sales in Brazil grow to almost €1.5 billion

26/09/2017 - 12:59
Private label sales in Brazil grew by 15.6% in 2016 to R$4.6 billion (€1.2 billion), a trend that should be repeated in 2017, with turnover set to reach R$5.3 billion (€1.4 billion). read more
Lost in translation: Wal-Mart stumbles - Brazil

Lost in translation: Wal-Mart stumbles - Brazil

22/02/2016 - 11:54
Campo Grande, Brazil - When Wal-Mart Stores first expanded into Brazil's Midwestern farm-belt city of Campo Grande seven years ago, the economy was booming and executives were eager to open stores even in sub-prime locations on one-way streets heading out of town. read more
Sugar deficit expected after production cuts

Sugar deficit expected after production cuts

04/02/2015 - 09:07
Despite a collapse in the oil price and India raising an export subsidy, indications are that the world sugar market is about to shift into deficit territory for a few years, Illovo Sugar MD Gavin Dalgleish said on Friday. read more
More jobs and better pay are vital to create a more equal SA

More jobs and better pay are vital to create a more equal SA

07/11/2014 - 11:03
SA’s tax and government spending policies do the most to redistribute wealth from the rich to the poor compared to other middle-income countries, says a new World Bank study. Yet SA remains the most unequal society among them. read more
Italy’s early World Cup exit will likely impact economy’s recovery

Italy’s early World Cup exit will likely impact economy’s recovery

26/06/2014 - 11:45
Rome – Italy was in mourning on Wednesday after a 0-1 2014 FIFA World Cup loss to Uruguay sealed its ignominious exit from the world’s most watched sporting event. read more
Poultry producers to feel pinch

Poultry producers to feel pinch

09/01/2014 - 08:52
Some increase in poultry prices is inevitable as the industry battles with a sharp spike in the price of yellow maize due to dry weather and stock shortages.  read more
Asian bacteria threatens Florida oranges

Asian bacteria threatens Florida oranges

14/10/2013 - 09:13
Washington - Citrus production in Florida, the world's second largest orange juice supplier after Brazil, is being threatened by a bacteria from Asia that has scientists racing for a remedy. read more
Adidas sets sales goal in World Cup year

Adidas sets sales goal in World Cup year

19/06/2013 - 09:14
Herzogenaurach, Germany - German sportswear maker Adidas AG forecast record sales for its soccer business in 2014, aiming to retain market leadership in the sport ahead of US rival Nike Inc in a soccer World Cup year. read more
G20 economies grow despite dip in Europe

G20 economies grow despite dip in Europe

15/03/2013 - 09:54
Paris - Economic growth in G20 countries climbed by 0.5% in the fourth quarter of 2012, slowing only slightly from the 0.6% pace recorded in the previous three-month period despite heavy contractions across Europe, preliminary estimates from the OECD showed on Wednesday. read more
Mandela wine launched in US

Mandela wine launched in US

04/03/2013 - 07:58
A wine company bearing the name of the former president Nelson Mandela has been established in the United States, the Sunday Sun reported. read more
Red meat industry reaction to research findings on meat products

Red meat industry reaction to research findings on meat products

28/02/2013 - 14:52
The Red Meat Industry Forum (RMIF), which represents the entire red meat industry chain, from primary producer through the abattoir to the meat trader and eventually the consumer, has noted with extreme concern the condemning statements made on the research findings by Prof Louw Hoffman and his colleagues on the inclusion of various unlabeled ingredients used in meat products sampled from retail butcher stores and butcheries. read more
Apple loses iPhone trademark (in Brazil)

Apple loses iPhone trademark (in Brazil)

18/02/2013 - 09:59
Brazil’s copyright regulator on Wednesday stripped Apple Inc of the right to use its iPhone trademark in that country, the Wall Street Journal reported on its website on Wednesday. read more
Horsemeat scandal: SA safe

Horsemeat scandal: SA safe

14/02/2013 - 08:53
Cape Town - South African meat consumers have nothing to fear from a horsemeat scandal currently rocking Europe.  read more
Minister leans on poultry sector

Minister leans on poultry sector

13/02/2013 - 08:21
Paarl - Trade and Industry Minister Rob Davies said he is ready to raise tariffs on cheap chicken imports, but needs local industry to act first. read more
Oil dips on global economic worries

Oil dips on global economic worries

10/10/2012 - 08:52
Singapore - Crude oil prices sank in Asian trade on Wednesday on concerns over the world economy after the International Monetary Fund (IMF) cut its global growth forecasts.  read more
Ban on modified maize ‘hikes food prices’

Ban on modified maize ‘hikes food prices’

30/08/2012 - 08:54
The Department of Agriculture, Forestry and Fisheries on Wednesday criticised the Animal Feeds Manufacturers’ Association for fuelling fears that food prices would soar unless the government allowed imports of cheaper, genetically modified maize. read more
Walmart shares drop on Mexico scandal

Walmart shares drop on Mexico scandal

17/08/2012 - 08:18
New York - Shares in Walmart Stores Inc, the world's largest retailer, were under pressure on Thursday as Congress pressed on with an investigation of alleged bribery in Mexico. read more
WTO: Brazil challenges SA poultry moves

WTO: Brazil challenges SA poultry moves

25/06/2012 - 08:13
Geneva - Brazil has taken the first legal step at the World Trade Organisation to challenge South Africa's use of anti-dumping measures on shipments of Brazilian poultry meat, the global trade body said in a statement on Friday. read more
SA among Walmart’s five countries posing high risk of corruption

SA among Walmart’s five countries posing high risk of corruption

18/06/2012 - 08:36
Walmart recommends that its employees in “certain countries” make payments to police officers if they feel threatened by the officer’s behaviour.  read more
Wal-Mart probe includes five countries

Wal-Mart probe includes five countries

13/06/2012 - 08:19
New York - Lawyers for Wal-Mart Stores have identified Brazil, India, China and South Africa along with Mexico as areas having the biggest risk for corruption, according to a letter from two congressmen who are doing their own investigation into the allegations of bribery in its Mexico operations. read more
Diageo unveils £1bn plan to keep up with Scotch whisky orders

Diageo unveils £1bn plan to keep up with Scotch whisky orders

07/06/2012 - 09:41
Drinks group Diageo is to invest more than £1 billion (R13bn) in Scotch whisky production over the next five years, creating hundreds of jobs and helping it meet growing demand from the emerging markets of Asia, Latin America and Africa. read more
Booming emerging middle class offers profit prospects

Booming emerging middle class offers profit prospects

20/02/2012 - 08:26
Emerging market stocks with links to the middle class are the best bets to profit on expansion in those economies, according to Bob Holderith, who oversees the fastest growing developing-nation exchange traded fund in the US.  read more
Keeping cheap Brazilian chicks in line with duties

Keeping cheap Brazilian chicks in line with duties

14/02/2012 - 09:47
The South African government is slapping additional duties of 6%-63% on Brazilian exporters of chicken into the Southern African Customs Union market — but insists this will not push up prices. read more
Orange Juice Tumbles Most in Two Years as ICE Boosts Margins

Orange Juice Tumbles Most in Two Years as ICE Boosts Margins

01/02/2012 - 09:27
Orange juice tumbled from a four- year high, capping the biggest drop in two years, after ICE Futures U.S. boosted the amount of cash that traders must deposit for speculative positions by 95 percent. read more
Kraft’s Brazil Chocolate Seen as Template After Spinoff: Retail

Kraft’s Brazil Chocolate Seen as Template After Spinoff: Retail

30/01/2012 - 09:00
Investors searching for insights into Kraft Foods Inc.’s (KFT) strategy once it splits in two this year may want to consider a 100-year-old Brazilian chocolate brand called Lacta.  read more
Sugar prices to remain volatile into 2013

Sugar prices to remain volatile into 2013

27/01/2012 - 09:28
Sugar prices are likely to remain volatile into 2013 according to the International Sugar Organisation (ISO) as global output matches demand.  read more
Sugar Traders Wager That Biggest Glut in Five Years Is Ending: Commodities

Sugar Traders Wager That Biggest Glut in Five Years Is Ending: Commodities

20/01/2012 - 13:23
Traders are betting that the biggest sugar glut since 2007 will shrink in the next harvest, reversing expectations from six months ago and ending the largest decline in prices in a decade. read more
Brazil’s economy stalls on global slowdown

Brazil’s economy stalls on global slowdown

07/12/2011 - 10:04
Sao Paulo - Brazil’s economy stalled in the third quarter, failing to register any growth as it felt the impact of the widening eurozone crisis and weakening global growth. read more
Coffee Supply Crunch Spurring Rebound After Folgers Price Cut: Commodities

Coffee Supply Crunch Spurring Rebound After Folgers Price Cut: Commodities

23/11/2011 - 10:19
Coffee’s biggest slump in three years may be ending as weather damages crops from Colombia to Indonesia, reducing U.S. inventories to the lowest since 2000 just as Kraft Foods Inc. and J.M. Smucker Co. cut prices. read more
SA upbeat over free-trade pact with South American bloc

SA upbeat over free-trade pact with South American bloc

15/11/2011 - 10:16
Trade and Industry Minister, Rob Davies, says SA stands to accelerate its share of exports with South America’s largest economies, through a free-trade agreement with Mercosur due to come into force next year read more
Local poultry producers blame minister

Local poultry producers blame minister

08/11/2011 - 08:05
Astral CEO says the continued export of maize is harming the local chicken industry and making food more expensive for South Africans read more