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Why Sappi bought speciality paper business in Europe

Why Sappi bought speciality paper business in Europe

19/12/2017 - 13:57
Sappi’s acquisition of a speciality paper business in Europe will help the company to reach its target of deriving a quarter of profits from speciality paper by 2020, says CEO Steve Binnie. read more
Bowcalf adds fizz to SoftBev decision

Bowcalf adds fizz to SoftBev decision

09/11/2017 - 13:56
Plastics packaging specialist Bowler Metcalf (Bowcalf) served up a dose of good news to shareholders on its investment in struggling soft-drink bottler SoftBev at its annual general meeting on Wednesday. read more
 Evian aims to deflect water criticism by going carbon neutral

Evian aims to deflect water criticism by going carbon neutral

12/09/2017 - 15:17
Evian aims to become the first major spring water brand to go carbon neutral amid criticism that packaging water from the French Alps and transporting it around the world in plastic bottles causes unnecessary environmental damage. read more
Sappi shares wobble after quarterly earnings report

Sappi shares wobble after quarterly earnings report

03/08/2017 - 13:45
Sappi shares wobbled in early trade on the JSE, losing 2%, after the paper and pulp producer forecast lower operating performance in its fourth quarter. It cited higher prices for raw materials and a stronger rand. read more
Marks & Spencer reduces snack food packaging

Marks & Spencer reduces snack food packaging

19/07/2017 - 10:59
UK retailer Marks & Spencer is cutting the amount of packaging used for its snack products such as crisps and popcorn by reducing the pocket of air at the top of the bag. read more
 Mondi introduces packaging solution for watermelons

Mondi introduces packaging solution for watermelons

17/07/2017 - 15:14
Packaging and paper group Mondi has launched a new packaging solution for watermelon transportation and storage, which will enhance product appearance at the point of sale. read more
What is the investment case for Mondi and the resurgent Sappi?

What is the investment case for Mondi and the resurgent Sappi?

26/05/2017 - 12:05
Mondi's market cap has grown fourfold since 2007, largely as a result of its focus on packaging, while Sappi's stock is at a record high.  read more
Packaging group Mondi tackles food waste

Packaging group Mondi tackles food waste

11/05/2017 - 09:25
International packaging and paper group Mondi outlined its plans for development at the Interpak 2017 trade fair in Düsseldorf last week. read more
Tetra Pak launches new aseptic carton with bio-based plastic film and cap

Tetra Pak launches new aseptic carton with bio-based plastic film and cap

09/12/2016 - 11:21
Tetra Pak has launched a new version of its Tetra Brik Aseptic 1000 Edge carton, this time incorporating a bio-based plastic film and cap, made from polymers derived from sugar cane. read more
Mondi showcases flexible on-the-go packaging

Mondi showcases flexible on-the-go packaging

29/11/2016 - 15:32
International packaging and paper group Mondi is taking advantage of the growing snacks-on-the-go market, presenting new innovations in flexible packaging at the Packaging Innovations event in Amsterdam on Wednesday 23 and Thursday 24 November. read more
Mondi seeking deals to capture growth in consumer packaging

Mondi seeking deals to capture growth in consumer packaging

22/11/2016 - 10:11
Mondi Ltd. is seeking to acquire more companies making the type of flexible packaging used for items like pet food pouches, as the South African manufacturer taps growing demand from the consumer-goods industry. read more
Corrugated packaging: The number-one choice

Corrugated packaging: The number-one choice

14/11/2016 - 11:10
A new study has revealed that corrugated packaging keeps produce fresher than plastic, with corrugated fibres helping to trap and stifle microorganisms. read more
Boxmore wins first place for Ina Paarman Dressing bottle design

Boxmore wins first place for Ina Paarman Dressing bottle design

04/11/2016 - 10:30
The International Union of Food Science and Technology's (IUFoST) Global Food Industry Award has recognised Boxmore Packaging's Ina Paarman Dressing bottle design, presenting it with first place for Packaging Innovation. read more
Mondi increases operating profit despite headwinds

Mondi increases operating profit despite headwinds

14/10/2016 - 10:46
Mondi says underlying operating profit for the third quarter of 2016 of €227m is a modest 3% higher than in the same period in 2015. read more
Packaging industry needs to be ready for 2017 boom

Packaging industry needs to be ready for 2017 boom

06/09/2016 - 16:02
A few decades ago, packaging companies needed more tons of machinery to produce the output that they do today. Back then, the more heavy machinery they had, the more value was produced. Now, things are done differently; with less material. The difference is information. read more
Milk-based packing ticks lots of boxes

Milk-based packing ticks lots of boxes

26/08/2016 - 10:33
MUCH of the plastic packaging used for food can be recycled, from egg containers to milk jugs, to butter tubs. But what about that thin plastic film stretched around wedges of cheese or rib-eye steaks? read more
Mondi to buy Russian packaging company

Mondi to buy Russian packaging company

11/07/2016 - 11:23
MONDI is acquiring Russian flexible packaging maker Uralplastic for an undisclosed amount. read more
Poor packaging hampers Ghana’s exports - Ghana

Poor packaging hampers Ghana’s exports - Ghana

23/09/2014 - 10:47
Ghanaian products are unable to penetrate the international market due to poor packaging, labelling, and the inability of export-oriented companies to meet local and international export specifications. read more
Pfizer eyes AstraZeneca drug company

Pfizer eyes AstraZeneca drug company

22/04/2014 - 10:35
London - Pfizer may come back to bid for British drug company AstraZeneca after its reported $101bn takeover approach was rejected, since a deal could make sense for the US pharmaceuticals giant as it seeks to build up its cancer franchise. read more
Superior Milling Company to launch new maize products, Zambia

Superior Milling Company to launch new maize products, Zambia

17/04/2014 - 10:43
Superior Milling Company, which has resolved to buy 80,000 tonnes of maize from local farmers this harvest season, will soon launch new maize meal products on the local market. read more
Zambian Breweries records low sales volumes

Zambian Breweries records low sales volumes

17/04/2014 - 10:28
Zambian Breweries (ZB) has recorded low sales volumes in the fourth quarter of this year due to the increase in excise duty on clear beer. read more
SABMiller’s Okahandja brewery due to open in mod-2014, Namibia

SABMiller’s Okahandja brewery due to open in mod-2014, Namibia

16/04/2014 - 10:52
Scheduled to start operating in the middle of the year, SABMiller’s 260,000 hectolitre (hL) will rank amongst the 30 best breweries owned and operated by SABMiller and will be the fifth best brewery in terms of water usage, making it one of the most technologically efficient brewing plants on the continent. read more
Guinness posts N53bn turnover in six months, Nigeria

Guinness posts N53bn turnover in six months, Nigeria

15/04/2014 - 09:07
Guinness Nigeria Plc has recorded a turnover of N53 billion for the half year period ended 31 December 2013. The company results appeared to be impacted by continuing softness of the beer market. read more
SABMiller's Zim unit hit by slower spend

SABMiller's Zim unit hit by slower spend

14/04/2014 - 07:35
Harare - Delta Corporation, the Zimbabwe-based unit of SABMiller [JSE:SAB], will report an 18% decline in full-year 2014 lager beer volumes, the company has said.  read more
Bottler sugar duty suspended, Zim

Bottler sugar duty suspended, Zim

10/04/2014 - 10:52
HARARE - Government has suspended duty on bottler grade sugar for six months, according to the latest Government Gazette. read more
Coffee output declines, Zambia

Coffee output declines, Zambia

09/04/2014 - 08:53
Zambia’s coffee production has declined from 450 tonnes recorded in 2013 to 200 tonnes this year, due to lack of a tree agriculture policy and long-term financing. read more
Pioneer Foods expects higher earnings

Pioneer Foods expects higher earnings

07/04/2014 - 08:00
Johannesburg - South African food manufacturer Pioneer Foods said it expected half year earnings to rise by as much as 110% as it benefitted from cost cutting measures, among others. read more
Dairibord in plant closure, Zimbabwe

Dairibord in plant closure, Zimbabwe

03/04/2014 - 15:03
HARARE - Listed Dairibord Holdings Limited (Dairibord) plans to shut down its Gweru plant as part of strategies to contain costs and rationalise operations. read more
Beer prices increase, Zambia

Beer prices increase, Zambia

31/03/2014 - 09:16
Zambian Breweries (ZB) Plc has increased prices of clear beer and other alcoholic beverages with effect from last week.  read more
China's deal to end European wine probe

China's deal to end European wine probe

27/03/2014 - 12:05
Beijing - China's commerce minister said the Chinese and European wine industries had reached a deal to end an anti-dumping and anti-subsidy probe into European wine imports, ahead of a trip to Europe by China's president. read more
FreshStop opens its 157th store

FreshStop opens its 157th store

26/03/2014 - 13:49
Located on the corner of Trichardts and Dassen Roads, Impala Park in Boksburg, FreshStop Northpoint Service Station opened its doors on 20 March 2014 after its previously unbranded store was converted into a completely renovated and modern FreshStop convenience store. In addition to the store conversion, the fuel forecourt has also been upgraded and now displays the latest 20/20 Caltex imagery. read more
Weetabix East Africa investment to double

Weetabix East Africa investment to double

26/03/2014 - 12:17
Cereal manufacturer Weetabix East Africa plans to double its investment in the region to Sh200 million this year. Speaking during a media tour at the Weetabix plant in Nairobi, managing director Ahsan Manji said the demand of cereals has increased tremendously to 8.5 million kilograms this year from 1.5m kilograms last year. He said they have an 81 per cent control of the Kenyan market with a 99 per cent spontaneous recall rate on brand awareness. read more
NBL headline earnings expected to rise

NBL headline earnings expected to rise

24/03/2014 - 09:45
Namibia Breweries Limited (NBL) said yesterday that it anticipates earnings per share and headline earnings per share for the period ended 31 December 2013 to be higher by between 37% and 41% and between 17% and 20%, respectively from those of the comparative period the previous year.  read more
Guinness Ghana unveils new-look Star Beer

Guinness Ghana unveils new-look Star Beer

20/03/2014 - 13:28
Guinness Ghana Breweries Ltd (GGBL) has unveiled a new-look Star lager beer in commemoration of Ghana’s 57th Independence anniversary. read more
KRA to push for stiff fines in war on fake products

KRA to push for stiff fines in war on fake products

20/03/2014 - 13:16
Kenya Revenue Authority has backed rallying calls by manufacturers to classify counterfeiting of goods as an economic crime through an amendment to Anti-Corruption and Economic Crimes Act 2013.  read more
Brewers evading tax, says Nacada, Kenya

Brewers evading tax, says Nacada, Kenya

20/03/2014 - 12:11
The National Authority for Campaign against Alcohol and Drug Abuse has said more than half of brewers in the country are not remitting tax. read more
World's biggest banana firm formed

World's biggest banana firm formed

12/03/2014 - 11:21
Dublin - US fruit firm Chiquita Brands and Irish rival Fyffes, Europe's largest distributor, have struck an all-stock merger deal to create the world's biggest banana supplier. read more
Zambian Breweries to invest $35.2m in MFEZ malting plant

Zambian Breweries to invest $35.2m in MFEZ malting plant

12/03/2014 - 11:18
Zambian Breweries Plc has signed a lease agreement with the Lusaka South Multi Facility Economic Zone (MFEZ) Limited for the construction of a US$35.2 million malting plant. read more
Trade Minister lauds Guinness Ghana's novel portable packaging line

Trade Minister lauds Guinness Ghana's novel portable packaging line

11/03/2014 - 08:29
Trade and Industry Minister, Haruna Iddrisu, has extolled Guinness Ghana's innovative portable spirits packaging and bottling line, a first in Africa. read more
Cattle population expected to double in Zambia

Cattle population expected to double in Zambia

11/03/2014 - 07:41
Cattle population in the country is expected to hit the five million mark by 2015, due to various measures to be taken by the Government. read more
Heineken sees 2014 sales advancing

Heineken sees 2014 sales advancing

06/03/2014 - 14:09
London - Heineken NV, the world’s third-biggest brewer, expects sales to advance this year after reporting a decline in 2013 profit amid weak consumption in central and eastern Europe.  read more
Tanzania tea sales down at Mombasa auction: board

Tanzania tea sales down at Mombasa auction: board

04/03/2014 - 11:15
Dar es Salaam. Tanzania’s tea dealers are depending on private contracts in selling their produce instead of the Mombasa auction. read more
 Zambia concerned with the trade barriers South Africa has imposed on its products

Zambia concerned with the trade barriers South Africa has imposed on its products

28/02/2014 - 09:25
Government says it is concerned with the trade barriers South Africa has imposed on some Zambian products and has led to trade imbalances between the two countries, with earnings standing at K5.65 billion per annum. read more
EABL raises concern over Senator Keg levy

EABL raises concern over Senator Keg levy

24/02/2014 - 11:45
There are concerns of job losses in the beer industry following shut down of distributorship and outlets dealing in East African Breweries low-end beer Senator.  read more
Ingenuity buoys Delta, Zim’s largest brewer

Ingenuity buoys Delta, Zim’s largest brewer

21/02/2014 - 10:13
Harare - Mobile telecommunications group Econet Wireless Zimbabwe (Econet) and beverages maker Delta Corporation (Delta) capped 2013 with a fine performance buoyed by innovations at a time most companies in the country are struggling to stay afloat. read more
Nampak opens new plastic closures line in Lagos, Nigeria

Nampak opens new plastic closures line in Lagos, Nigeria

21/02/2014 - 10:00
Nampak has commissioned a new plastic closures line in Lagos, Nigeria. Nampak South Africa has a long-standing strategic partnership with Bericap, Germany who agreed to extend the manufacturing licence to include Nampak Nigeria. The initial product will be closures for still water and will be followed by carbonated soft drink closures. read more
Namibia Breweries Chinese consignment exceeds expectations

Namibia Breweries Chinese consignment exceeds expectations

18/02/2014 - 12:28
Namibia Breweries Limited (NBL) announced last month that its first consignment of Windhoek Lager to China has exceeded all expectations. read more
Fishing rights appeal deadline looms

Fishing rights appeal deadline looms

12/02/2014 - 08:52
Cape Town - The deadline for appeals by the public in the long-term fishing rights allocation process is next Friday, the fisheries department said.  read more
Botswana Accepts South Africa’s Bottled Water Standard

Botswana Accepts South Africa’s Bottled Water Standard

06/02/2014 - 13:14
Botswana, an important trading partner for local companies, has through the Botswana Bureau of Standards (BOBS) agreed to partner with the South African National Bottled Water Association (SANBWA) to minimise duplication pertaining to the importation of local bottled water brands into that country. read more
Namibian meat exports to South Africa continues

Namibian meat exports to South Africa continues

05/02/2014 - 08:28
WINDHOEK – Cattle and sheep export negotiations between Namibia and South Africa are ongoing as South Africa (SA) is still in the process of harmonising its meat imports’ requirements. - read more
Unilever to stick to emerging markets' growth strategy

Unilever to stick to emerging markets' growth strategy

04/02/2014 - 08:35
Unilever said it would stick to its emerging markets growth strategy, as a fourth-quarter recovery in sales in the region boosted the consumer goods maker’s 2013 results and reassured investors who had been worried about consumer demand there.  read more
Lager sales soar, Zambian Breweries

Lager sales soar, Zambian Breweries

03/02/2014 - 08:56
Zambian Breweries, a subsidiary of global brewer SABMiller, posted a growth rate of 12 per cent on lager volumes at the end of 2013 buoyed by expansion projects that led to an increased production. read more
Brewer allowed to take back Sh10m stock, Kenya

Brewer allowed to take back Sh10m stock, Kenya

27/01/2014 - 12:08
Kenya Breweries Limited has been allowed to access a warehouse of one of its distributors and reposess its stock worth Sh10.9 million.  read more
Davos: Mexico lures $6bn in investments

Davos: Mexico lures $6bn in investments

27/01/2014 - 07:42
Davos - Pepsico and Nestle on Friday announced major investments worth a combined $6bn in Mexico, where the government has just pushed through a series of economic reforms that aim to boost foreign investment and growth. read more
Cobra products in shortage in Zimbabwe after firm closes

Cobra products in shortage in Zimbabwe after firm closes

23/01/2014 - 10:11
HARARE - Products of global consumer hygiene and health manufacture, Reckitt Benckiser (RB), such as ‘Cobra’, are in short supply in most retail chains following the closure of its local factory. read more
Apple to refund $32.5 million in purchases made by kids

Apple to refund $32.5 million in purchases made by kids

17/01/2014 - 08:37
Apple Inc will refund consumers at least $32.5 million to settle a longstanding complaint that the technology company billed U.S. consumers for charges incurred by children through mobile apps without their parents’ consent. read more
Horsemeat: Dutch firms to recall products

Horsemeat: Dutch firms to recall products

15/01/2014 - 09:00
Amsterdam - Dutch food safety authorities ordered five Dutch companies to recall 11 000 kg of improperly labelled French horsemeat that was turned into food products in the Netherlands, the Economic Affairs Ministry said in letter published on Tuesday.  read more
SABMiller’s Delta negotiates excise duty reduction, Zimbabwe

SABMiller’s Delta negotiates excise duty reduction, Zimbabwe

15/01/2014 - 08:52
HARARE - SABMiller’s Zimbabwe unit Delta Corporation (Delta) says it is negotiating with government over a possible reduction of excise duty which has taken a toll on the group’s lager beer volumes. read more
Cream recalled after E. Coli scare, New Zealand

Cream recalled after E. Coli scare, New Zealand

15/01/2014 - 07:59
New Zealand's Fonterra said it was recalling products distributed in the country that had been contaminated with E.Coli bacteria in the second food-safety scare faced by the company in less than six months. read more
American firm in talks to buy Botswana Meat Commission

American firm in talks to buy Botswana Meat Commission

14/01/2014 - 09:05
An American company, Africa Farm Lands, has approached the Minister of Agriculture, Christian De Graaf with the intention to buy the Botswana Meat Commission (BMC) and venture into full scale commercial agriculture in Botswana. read more
Botash partners Canadian firm in potash project

Botash partners Canadian firm in potash project

13/01/2014 - 09:40
A Toronto Stock Exchange-listed company, Great Quest Metals, says it has entered into an exclusive arrangement with Botswana Ash (Botash) to develop the potash brine potential of the Sua saltpans in the northeastern district.  read more
Namibia Breweries takeover of Camelthorn craft brewer approved

Namibia Breweries takeover of Camelthorn craft brewer approved

13/01/2014 - 09:10
The Namibian Competition Commission has approved the takeover of micro brewer, Camelthorn Brewing, by Namibia Breweries Limited. The approval is without conditions, the Commission announced.  read more
Ghana's Accra Brewery to inject $100m into expansion works

Ghana's Accra Brewery to inject $100m into expansion works

08/01/2014 - 11:43
Accra Breweries Limited, one of the major beverage manufacturing firms in Ghana, is to invest 100 million dollars to expand its operations in the country. read more
SABMiller’s first Namibian brewery to open in mid-2014

SABMiller’s first Namibian brewery to open in mid-2014

06/01/2014 - 11:58
Windhoek, SABMiller’s Namibian Brewery, currently under construction, is expected to begin brewing its first products in mid-2014, almost a year earlier than previously anticipated. read more
Namibia eyes Hong Kong meat market

Namibia eyes Hong Kong meat market

06/01/2014 - 11:01
The Meat Board of Namibia will soon release a report on a market exploration visit to Hong Kong concluded towards the end of last year. The visit included the Ministry of Trade and Industry and potential exporters. read more
Carlsberg expands into China

Carlsberg expands into China

06/01/2014 - 09:54
Danish brewer Carlsberg says it has bought the owner of eight Chinese breweries for 1.4 billion kroner (188 million euros, $258 million) as it continues to grow outside the sluggish markets of western Europe. read more
Japanese whisky makers drum up support for their drams

Japanese whisky makers drum up support for their drams

06/01/2014 - 09:06
Tokyo - Japan's whisky distilleries are expanding production as their malts become serious contenders against Scottish and Irish brands after years of being overshadowed at home and practically unheard of overseas. read more
Liquor plant shut down in Kenya

Liquor plant shut down in Kenya

19/12/2013 - 10:51
A liquor factory that produces second generation brews has been closed down at Kabati estate in Naivasha.  read more
Accra Brewery embarks on $100m expansion project

Accra Brewery embarks on $100m expansion project

17/12/2013 - 08:55
Accra Brewery Limited (ABL), a subsidiary of SAB Miller Plc, is embarking on a $100 million expansion project to help double the capacity of production. read more
Red Bull plans drinks sales in China

Red Bull plans drinks sales in China

17/12/2013 - 07:59
Vienna - Red Bull is planning to launch its best-selling energy drink in China after gaining the necessary permissions, and is building an office in Shanghai, Austria's Kronen Zeitung reported. read more
More regulation, more strategies for traditional beer in Botswana, KBL

More regulation, more strategies for traditional beer in Botswana, KBL

13/12/2013 - 09:46
The upward moving alcohol levy has continues to eat into Sechaba sales volumes. The Traditional Beer Regulations that were effected last year, have reduced the sales of opague liquor brands, Chibuku and Phafana by 2.,4 percent. read more
Rupert, top wine producers form new body

Rupert, top wine producers form new body

13/12/2013 - 08:38
Cape Town - Those who talk about land grabs do not really understand the finances of the wine industry, according to Johann Rupert. read more
Carlsberg buys stake in China's Chongqing

Carlsberg buys stake in China's Chongqing

06/12/2013 - 09:00
Copenhagen/Shanghai - Danish brewer Carlsberg upped its stake in China's Chongqing Brewery to 60 percent, strengthening its foothold in the world's largest beer market by volume, and hopes to further increase its holding, the latter said. read more
China's wine deal in SA

China's wine deal in SA

06/12/2013 - 08:49
Cape town - Following on China’s recent significant investments in the French wine industry, especially in Bordeaux, they have also made their first investment in the South African wine industry. read more
Liquor producer receives award for corporate support in Ghana

Liquor producer receives award for corporate support in Ghana

05/12/2013 - 11:04
Indigenous liquor production giant, Kasapreko Company Limited, has been awarded for promoting festivals in Ghana. The company was adjudged the award at this year's National Tourism Awards held at the State Banquet Hall in Accra. read more
EU eyes ban on SA citrus imports

EU eyes ban on SA citrus imports

19/11/2013 - 08:37
Johannesburg - The EU is preparing a ban on South African citrus imports that could take orange juice off Europe’s breakfast tables next summer and sour efforts in Brussels to broaden trade with Africa’s biggest economy. read more
R13bn Adcock deal faces threat

R13bn Adcock deal faces threat

12/11/2013 - 09:39
Johannesburg - Chile's CFR on Monday threatened to pull out its R13.48bn (at Monday's rand/dollar exchange rate) deal to buy drug maker Adcock Ingram if it does not win support from the state pension fund that ranks as Adcock's biggest shareholder. read more
KBL launches bottle moulding plant, new beverage packaging

KBL launches bottle moulding plant, new beverage packaging

08/11/2013 - 10:04
Kgalagadi Breweries Limited (KBL) has launched a bottle moulding plant that will produce containers that are shatterproof and easy to store, carry, clean up and reseal.  read more
Importers want time over new sugar rules, Kenya

Importers want time over new sugar rules, Kenya

05/11/2013 - 08:37
Sugar importers have asked for two weeks to discuss the new regulations that are to be introduced by the Kenya Sugar Board to regulate the market.  read more
Tesco vows to curb Britain's food waste

Tesco vows to curb Britain's food waste

28/10/2013 - 09:07
Berlin - Tesco, Britain's biggest retailer, has vowed to cut the near 60 000 tonnes of food wasted by its suppliers and shoppers each year, the latest firm volunteering to help tackle a growing environmental problem. read more
Glassmaker expands in Africa to boost revenue, Kenya

Glassmaker expands in Africa to boost revenue, Kenya

16/10/2013 - 11:38
East Africa Glassware Mart plans to double its revenue to $34 million (Sh2.9 billion) by opening in 10 new markets within Africa over the next three years. read more
Distell taps into China's cognac market

Distell taps into China's cognac market

09/10/2013 - 10:23
Johannesburg - South African liquor company Distell Group Limited [JSE:DST] has acquired a 60% share in fast-growing liquor distribution company CJ Wines & Spirits‚ expanding its presence in the East. read more
Tokyo uncorks apartments for wine lovers

Tokyo uncorks apartments for wine lovers

09/10/2013 - 10:15
Tokyo - For those who have trouble finding space for a large wine collection, a new apartment block in Japan with an in-house cellar and a visiting sommelier could be the perfect place to live. read more
Guinness Ghana moves to enhance product distribution

Guinness Ghana moves to enhance product distribution

04/10/2013 - 12:23
Guinness Ghana Breweries Limited (GGBL), has appointed Mr Eric Otoo as the 'Route to Consumer' (RtC) Director in line with the company's vision of dominating the beverage industry in the country.  read more
Namibia Breweries Limited earnings expected to be lower by N$190 million in September

Namibia Breweries Limited earnings expected to be lower by N$190 million in September

03/10/2013 - 12:31
Namibia Breweries Limited (NBL) said earlier in September that it expects basic earnings per share to be materially lower than the prior year by between 66% and 68% in the year ended 30 June. The company said in a trading statement published by the Namibia Stock Exchange that the decline is attributed to the impairment of a deferred tax asset related to DHN Drinks.  read more
Rooibos protection one step closer

Rooibos protection one step closer

12/09/2013 - 15:09
Cape Town - The publication of rules governing the use of the name Rooibos is a first step in preventing its misuse and achieving international protection for the iconic South African plant, said the South African Rooibos Council.  read more
Foreign firms in China beef up compliance

Foreign firms in China beef up compliance

04/09/2013 - 11:58
Beijing - Foreign companies in China are getting increasingly jumpy about a spate of antitrust and corruption investigations by Chinese authorities and are hiring lawyers to make sure their operations comply with the law. read more
Zambia: Mealie meal prices now fetching K90 in most parts of Western Province

Zambia: Mealie meal prices now fetching K90 in most parts of Western Province

30/08/2013 - 09:02
Mealie meal prices have continued to rise in most parts of Western Province with Sikongo having the highest cost of K90 per 25kg bag of breakfast and K85 roller meal.  read more
Spar to open Angola store

Spar to open Angola store

29/08/2013 - 10:41
Johannesburg - Spar Group Ltd., a South African food and liquor retailer, is working with an Angolan partner to open a store in the country’s capital, Luanda, in the next six months, Finance Director Mark Godfrey said. read more
Milk industry is not dwindling - expert

Milk industry is not dwindling - expert

28/08/2013 - 08:25
Bloemfontein - The expansion of South Africa’s middle class bodes well for milk producers, SA Milk Producers' Organisation CEO Bertus de Jongh said on Tuesday. read more
Booze ad ban will hurt, warns Sacci

Booze ad ban will hurt, warns Sacci

27/08/2013 - 09:49
Johannesburg - Restricting marketing on liquor will have a negative affect on the industry and the economy, the SA Chamber of Commerce and Industry (Sacci) said on Monday.  read more
More contaminated Zambeef products burnt

More contaminated Zambeef products burnt

16/08/2013 - 08:49
About 65,000 kg of contaminated Zambeef products that were confiscated from the northern region were disposed of this week in Kitwe by burning them.  read more
‘Actis planning Adcock bid’

‘Actis planning Adcock bid’

14/08/2013 - 08:41
Johannesburg - Actis LLP, a London-based private-equity firm, has proposed an offer for Adcock Ingram Holdings Ltd. to rival a bid from Chilean drugmaker CFR Pharmaceuticals SA, two people familiar with the matter said.  read more
French champagne makers cross fingers

French champagne makers cross fingers

14/08/2013 - 08:24
Paris - Barring bad weather in the next two months, France's champagne production is forecast to jump by 56% this year, a bright spot in an otherwise rough period for wine growers. read more
South African wine producers to feel the heat

South African wine producers to feel the heat

05/08/2013 - 08:53
Cape Town - The global wine industry is worth $230bn a year and the potential yields for the South African industry have never been as great, nor the pitfalls as plenty, according to Linda Buckley, director of executive education at UCT’s Graduate School of Business (GSB). read more
Bralirwa unveils ‘medium size’ beer bottle

Bralirwa unveils ‘medium size’ beer bottle

30/07/2013 - 09:11
Rwanda’s leading beer and soft drinks maker, Bralirwa, has launched a 50cl bottle for its Primus beer brand onto the market. read more
Zambeef announces 100% Zambian beef policy

Zambeef announces 100% Zambian beef policy

26/07/2013 - 10:57
Zambeef Products has made a landmark decision to deal exclusively in Zambian beef products, and will no longer sell any imported beef. read more
PIC wants Adcock to stay in local hands

PIC wants Adcock to stay in local hands

23/07/2013 - 08:56
Johannesburg - The top shareholder in Adcock Ingram said it would prefer a local buyer for the country's second-biggest drug maker over a $1.3bn bid from Chile's CFR Pharmaceutical. read more
Tanzania moves to cushion coffee growers

Tanzania moves to cushion coffee growers

22/07/2013 - 10:07
The Minister for Agriculture, Food Security and Co-operatives, Eng Christopher Chiza, told ‘Daily News’ that the government would assist coffee farmers by providing them with coffee seedlings at subsidised prices. “In principle we have agreed that we should provide them with input subsidies.  read more
Ghana’s non-traditional export earnings fall 2.4% in 2012

Ghana’s non-traditional export earnings fall 2.4% in 2012

22/07/2013 - 09:44
Ghana’s non-traditional exports earnings fell 2.43 per cent to $2.364 billion in 2012 compared with $2.423 billion in 2011.  read more