Tiger Brands confirms Molare and Silver Blade as buyers of meats business
South African food group Tiger Brands has revealed it is selling its processed meats business to two different local companies.
View ArticleAnother profit warning from South Africa's RCL Foods
RCL Foods, the major South African manufacturer, has announced another profit warning ahead of the planned publication of its annual results next week.
View ArticleTiger Brands issues FY profit warning
Tiger Brands, the South Africa-based food group, has forecast how much it expects to see its profits fall in the company's current financial year.
View ArticleTiger Brands hires advisers to sell fruit assets
The reshaping of Tiger Brands' business is set to continue, with another of the South African group's units being prepared for the block.
View ArticleEBRD supports expansion of cheese maker Land'Or in Morocco and Tunisia
An international investment bank is supporting the dairy industry in Tunisia and Morocco through a loan for two projects.
View ArticleFrieslandCampina, Egypt's Domty sign agreement to target Africa cheese market
Dutch dairy giant FrieslandCampina and Egypt's Arabian Food Industries plan to explore joint opportunities in cheese.
View ArticleCocoa partnership puts aside failures with bold new aims on child labour
Attempts to tackle child labour in cocoa have over-promised and under-delivered. Could a new plan from multi-stakeholder body International Cocoa Initiative be different?
View ArticleSouth African poultry processor Astral Foods issues profit warning
South African poultry processor Astral Foods has issued a profit warning, partly due to costs associated with Covid-19.
View ArticleAfrican Pioneer Marine acquires South Africa pilchard brand Glenryck
South Africa-based fish producer Pioneer Fishing, part of the African Pioneer Marine (APM) group, has snapped up a local canned fish business.
View ArticleAstral Foods CEO Chris Schutte hospitalised after accident
Chris Schutte, the chief executive of South African poultry processor Astral Foods, was admitted to hospital last weekend after he was involved in a motorcycle accident.
View ArticleKenyan fresh food supplier Kakuzi suspended by Tesco following abuse claims
Kakuzi, a Kenya-based supplier of avocado, pineapple and macadamia nuts, has initiated an investigation into serious abuse claims on its estates.
View ArticleTiger Brands expects earnings to be down on last year
Tiger Brands, the South African food business that sold its processed meat operations during the summer, has issued yet another profit warning.
View ArticleUnilever's Ben & Jerry's to pay farmers more for cocoa
The US ice-cream business, owned by Unilever, is to change what it pays farmers in Côte d'Ivoire for cocoa beans.
View ArticleSouth Africa's RCL Foods launches strategic review
South Africa's RCL Foods said it is in the early stages of a review to assess options for its diversified portfolio.
View ArticleSouth Africa's RFG Holdings to close plant under consolidation plan
South Africa's RFG Holdings is consolidating manufacturing with a plan to close a pies and bakery plant.
View ArticleGhana hits out at chocolate companies over farmers' prices
Ghana has reportedly accused some in the chocolate industry of a "ploy to derail" government attempts to improve income for farmers.
View ArticleTiger Brands cuts 400 jobs as annual profits plummet
South Africa's Tiger Brands has cut hundreds of jobs right across the business as annual profits dropped linked to Covid-19 disruption.
View ArticleNestle reveals Zimbabwe expansion plans
Nestlé is investing more than US$2.5m in a cereal manufacturing plant in a southern Africa market, it has announced.
View ArticleHershey hits back in African cocoa sustainability scheme row
US confectionery major Hershey has responded after West African countries Ghana and Côte d'Ivoire cancelled cocoa sustainability schemes run by the company.
View ArticleCote d'Ivoire reinstates cocoa sustainability scheme run by Hershey
Cote d'Ivoire has reinstated cocoa sustainability schemes run by US confectionery major Hershey that it earlier suspended over a price dispute.
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