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Coca-Cola Peninsula Beverages receives Top Employer award

Coca-Cola Peninsula Beverages receives Top Employer award

29/10/2018 - 10:32
Coca-Cola Peninsula Beverages (CCPB) has once again been recognised as one of the top employers in South Africa. The Top Employer’s Institute recently announced its Top Employers 2019 for South Africa list.  read more
Imperial acquires 70% of Sasfin Premier Logistics to create trade expert

Imperial acquires 70% of Sasfin Premier Logistics to create trade expert

12/07/2016 - 15:55
The Imperial group said on Tuesday that it had entered into an agreement with Sasfin to acquire 70% of Sasfin Premier Logistics, a wholly owned subsidiary of Sasfin. Sasfin Premier Logistics would be renamed Imperial Sasfin Logistics. read more
Wal-Mart moves to grow market share

Wal-Mart moves to grow market share

02/04/2015 - 10:40
Boston - Wal-Mart Stores expects to be in heavy investment mode for the next 18 to 24 months as the company improves the way it handles inventory and outfits more locations with in-store pickup for online orders. read more
Heinz-Kraft deal: The stories behind the brands

Heinz-Kraft deal: The stories behind the brands

27/03/2015 - 08:12
New York - The combination of HJ Heinz and Kraft Foods Group Inc. will bring many of America's oldest and best-known brands under the same corporate roof. Here's a look at the history behind some of those products: read more
Electricity and petrol price increase no April Fool's joke

Electricity and petrol price increase no April Fool's joke

23/03/2015 - 08:28
Cape Town – It won’t be an April Fool’s day joke next month when both petrol and electricity tariffs go up, directly affecting consumers' pockets. read more
Edgars Zim records profit growth

Edgars Zim records profit growth

23/03/2015 - 08:10
Harare - Edgars Stores Limited, the Zimbabwean clothing retailer owned 38.28% by South Africa’s Edgars Consolidated Stores (Edcon), reported improved results for the year ended January 10 2015. read more
Eskom's tariff hike shocker

Eskom's tariff hike shocker

20/03/2015 - 08:24
Cape Town - Eskom is looking for a 9.58% price adjustment for electricity in addition to the already announced 12.69% imposed in the 2015-16 financial year, reports the City of Cape Town. read more
Mr Price forecasts profit increase

Mr Price forecasts profit increase

05/10/2012 - 08:01
Retailer Mr Price (MPC) on Thursday announced it expects its headline earnings and basic earnings per share for the 26 weeks ended September 29 “are likely to be higher than the previous corresponding period by more than 20%.”  read more
Pick n Pay warns of low stock

Pick n Pay warns of low stock

05/10/2012 - 07:33
Johannesburg - Retailer Pick n Pay Stores warned on Thursday that it was running low on some goods at its stores due to the truck drivers' strike.  read more
Mondi sells Aylesford interest

Mondi sells Aylesford interest

03/10/2012 - 10:12
International packaging and paper group Mondi plc (MND) and Svenska Cellulosa Aktiebolaget (SCA) have sold their 100% interest in jointly owned Aylesford Newsprint Holdings Limited to The Martland Holdings.  read more
SA must target 5% growth - ADB

SA must target 5% growth - ADB

03/10/2012 - 10:08
Johannesburg - South African labour unrest will only temporarily deter investors, but the country must grow faster to avoid serious pitfalls ahead, the African Development Bank's chief economist said on Tuesday.  read more
Big food firms get ready to lift prices

Big food firms get ready to lift prices

02/10/2012 - 09:03
Food prices are set to increase by about 10 percent before the end of November as the country’s major food producers take strain from rising input costs, according to major food firms.  read more
Sovereign Food’s profits increase

Sovereign Food’s profits increase

01/10/2012 - 15:58
Poultry producer Sovereign Food (SOV) on Monday reported diluted headline earnings per share for the six months ended of 16.5 cents from the previous year’s 0.7 cents.  read more
Maize up sharply on US prices

Maize up sharply on US prices

01/10/2012 - 13:19
South African maize and wheat prices closed the session strongly higher on Monday due to higher Chicago Board of Trade figures and a weaker rand read more
SA at risk of food crisis

SA at risk of food crisis

01/10/2012 - 13:11
As food prices soar because of the ailing global and domestic economies, South Africans should also start worrying about the availability of something to eat. read more
SA spends R140bn on agriculture

SA spends R140bn on agriculture

27/09/2012 - 09:26
Pretoria - South Africa spent R140bn on agriculture and ground development between 2000 and 2010, Prof Johann Kristen said on Wednesday. read more
EDCON Store card sale to Absa approved

EDCON Store card sale to Absa approved

25/09/2012 - 08:25
The Competition Tribunal had approved the sale of Edcon’s private label store card portfolio in South Africa to Absa, as well as the long-term strategic relationship agreement with Absa, said on Friday.  read more
July real wholesale sales up 8.8%

July real wholesale sales up 8.8%

20/09/2012 - 13:06
Johannesburg - Wholesale trade sales at constant 2000 prices for July increased by 8.8% year-on-year (y/y) compared with a 3.7% y/y growth in May‚ Statistics SA data showed on Thursday. read more
Nike announces $8bn share buyback

Nike announces $8bn share buyback

20/09/2012 - 13:02
New York - Nike, the clothing, footwear, sportswear and equipment giant, announced a four-year, $8bn share buyback plan late Wednesday. read more
Cashbuild continues to expand

Cashbuild continues to expand

20/09/2012 - 13:00
Johannesburg - Cashbuild [JSE:CSB] will continue its intensive store expansion, relocation and refurbishment strategy in the new financial year despite tough trading conditions, it said on Tuesday. read more
Pioneer Foods has ambitious plans for biscuit market

Pioneer Foods has ambitious plans for biscuit market

17/08/2011 - 15:40
Pioneer Foods plans to take 10 percent of the country’s biscuit market, led by AVI's National Brands, as a “first step”, said MD Andre Hanekom, at the recent official opening of its new bakery plant in Clayville, Johannesburg. read more
Jones sees bright spot with cost pressures

Jones sees bright spot with cost pressures

29/07/2011 - 13:52
Against apparel industry-wide concerns about higher cotton and other cost pressures eating into profit margin, Jones Group Inc. said it has a “strong handle” over the cost situation and sees some bright spots.  read more
How big is your packaging footprint?

How big is your packaging footprint?

21/07/2011 - 10:18
As we become more conscious about sustaining our environment the product packaging consumers’ use today needs to be more environmentally sustainable than before.  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
Sizeable market neglected by global brands, argues Oxford branding expert

Sizeable market neglected by global brands, argues Oxford branding expert

04/07/2011 - 12:34
A leading expert on Islamic brands is highlighting the untapped potential in Islamic markets which most companies are failing to exploit. The global Muslim market is now over 20% of the world’s population at around 1.6 billion, and is expected to increase to 2.2 billion by 2030, situated in both those regions where Muslims are in the majority, but also in other countries where Muslims are a significant and growing minority, including those in the West. The value of Muslim trade is assessed as worth trillions of dollars worldwide.  read more
Australian Retail Sales, Building Decline

Australian Retail Sales, Building Decline

04/07/2011 - 08:17
Australian retail sales unexpectedly fell and building approvals dropped in May by the most in four months, sending the nation’s currency lower on expectations the central bank will extend a pause in raising interest rates. read more
What can The Cloud offer the FMCG world?

What can The Cloud offer the FMCG world?

28/06/2011 - 13:32
Tighter margins and the constant need to reduce costs is placing enormous pressure on FMCG companies, who not only now compete in an environment of intense global competition, but who also need to shift fresh goods across an increasingly complex and often disjointed global supply chain. read more
Tobacco giant to fight packaging laws

Tobacco giant to fight packaging laws

28/06/2011 - 12:23
Sydney - Global tobacco giant Philip Morris will launch legal action over Australia's plan to introduce plain cigarette packaging, it said on Monday, warning the damages bill could run to billions of dollars. read more
New tech for old fruits

New tech for old fruits

28/06/2011 - 11:54
Green Cell Technologies' enhanced extraction process has transformed the fruit juice manufacturing industry.  read more
Bribery Act spells trouble for UK food exporters

Bribery Act spells trouble for UK food exporters

28/06/2011 - 11:39
A top lawyer has expressed concern that the UK's pending Bribery Act could lead to difficulties for food manufacturers exporting or producing abroad, especially to ‘high risk’ countries. read more
E.Coli outbreak prompts SA guidelines

E.Coli outbreak prompts SA guidelines

23/06/2011 - 12:25
Johannesburg - Members of the Food Safety Initiative (FSI), a division within the Consumer Goods Council of SA, have compiled food product recall guidelines following the outbreak of a deadly strain of E.coli in Germany.  read more
SA snubbed by Bric investors

SA snubbed by Bric investors

23/06/2011 - 12:19
Johannesburg - Brazil, Russia, India, China and the Middle Eastern countries all prefer to invest in African countries other than South Africa.  read more
AVI sees earnings rise of at least 23%

AVI sees earnings rise of at least 23%

23/06/2011 - 12:00
Johannesburg - Consumer group AVI expects consolidated headline earnings per share for the year to June to increase by between 23% and 33%, compared with the previous year.  read more
Clover H1 profit jumps

Clover H1 profit jumps

16/03/2011 - 16:55
South African dairy foods maker Clover said on Monday headline earnings per share for the six months to end-December soared to 73.2 cents from 0.9 cents a year earlier read more