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FOOD AND BEVERAGE NEWS ON FASTMOVING

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Manufacturing production climbs 3.9%

Manufacturing production climbs 3.9%

14/03/2013 - 14:42
Johannesburg - Manufacturing production increased by 3.9% year-on-year (y/y) in January after an unrevised 2.0% (y/y) rise in December‚ data released by Statistics SA on Thursday showed. read more
SA household expenditure on the rise

SA household expenditure on the rise

07/11/2012 - 07:37
Johannesburg - South African household expenditure increased 24.6% between 2005/2006 and 2010/2011, Stats SA said on Tuesday.  read more
AVI profits increase

AVI profits increase

13/03/2012 - 08:56
Consumer group AVI (AVI) on Monday posted a 30% jump in diluted headline earnings per share from continuing operations to 187 cents in the six months ended December 2011, from 143.3 cents a year earlier.  read more
Maize meal lacks nutrients - NCF

Maize meal lacks nutrients - NCF

14/12/2011 - 09:44
Johannesburg - Some brands of maize meal do not contain the level of nutrients required by law, the National Consumer Forum (NCF) said on Wednesday. read more
Spar group’s Tops outlets boost growth despite competitive arena

Spar group’s Tops outlets boost growth despite competitive arena

30/11/2011 - 10:28
Spar Group emerged from a challenging consumer environment with a 10.4% growth in turnover and 3.9% increase in earnings as reported earlier this month in a performance partly boosted by the resilience of its liquor outlet, Tops. read more
September freight transport income up 20.5%

September freight transport income up 20.5%

22/11/2011 - 08:33
Income from freight transportation for September increased by 20.5% compared with September 2010, and compared with a 14.7% rise in August 2011, data from Stats SA on Monday showed. read more
Year-on-year food, beverages income lifts 7.2%

Year-on-year food, beverages income lifts 7.2%

22/11/2011 - 08:28
Total income generated by SA's food and beverages industry lifted 7.2% in September from the same period a year ago, with food sales up 8.6% alone, according to Statistics SA data on Monday. read more
AVI ups revenue, eyes festive season

AVI ups revenue, eyes festive season

02/11/2011 - 10:06
Johannesburg - Industrial group AVI's group revenue for the quarter ended September 2011 was 10.9% higher than the same period in the prior year, largely due to improved sales volumes in most of its key units. read more
AVI sells Denny Mushrooms

AVI sells Denny Mushrooms

13/07/2011 - 10:53
Johannesburg - Food group AVI will sell 100% of the issued share capital of and AVI's shareholder claims against Denny Mushrooms to Blue Falcon 134 Trading. read more
Nestlé buys 60% of Chinese confectioner

Nestlé buys 60% of Chinese confectioner

12/07/2011 - 08:56
Singapore - Nestlé, the world’s largest food company, is paying a hefty $1.7bn for a 60% stake in confectioner Hsu Fu Chi International to move deeper into fast-growing markets in China.  read more