PZ Cussons puts Nutricima milk business under review amid Nigeria constraints
PZ Cussons is reviewing its Nutricima milk business in Nigeria amid ''intense competition''.
View ArticleTiger Brands extends plant closures as listeria outbreak takes toll on profits
Tiger Brands expects to post a loss in March of as much as ZAR33m (US$2.7m) after the South African consumer foods group suspended production at another of its plants amid the listeria outbreak that...
View ArticleAfrican countries ink free-trade deal to remove tariffs
A free-trade deal has been agreed by more than 40 African countries for the partial removal of tariffs.
View ArticleRCL Foods estimates costs related to listeria outbreak
South Africa's RCL Foods estimates it incurred costs of around ZAR75m (US$6.4m) from the country's listeria outbreak, which forced the company to issue a product recall and suspend production of its...
View ArticleLotus Bakeries to take Bear snacks production in-house
Lotus Bakeries has struck a deal with Grassroots, the South African co-packer of the Belgian group's Bear snacks, to take control of the production for the brand.
View ArticleSouth Africa's Libstar revitalises plans for Johannesburg listing
South African food company Libstar Holdings is revitalising plans to list its shares with a ZAR1.5bn (US$123.7m) offering on the Johannesburg exchange, with part of the funds to be used to pay down debt.
View ArticleAgrokor founder Ivica Todoric to hear decision on extradition order in London...
The founder of indebted Croatia-based food company Agrokor is to appear before London's Westminster Magistrates Court on Monday to hear his fate under an extradition order.
View ArticleDeath toll reaches 193 in South Africa's polony-linked listeria outbreak
South Africa's National Institute of Communicable Diseases (NICD) has said 193 people are now known to have died following a listeria outbreak in the country linked to polony products.
View ArticleNestle opens Cameroon production facility
Nestle has opened a powdered-milk facility in Cameroon that is making "fortified" products sold under its Nido brand.
View ArticleSouth Africa's Pioneer Foods gets approval for Heinz SA merger, with conditions
South Africa's Competition Commission has recommended Pioneer Foods' acquisition of a majority stake in Heinz Foods South Africa be approved with conditions.
View ArticleKellogg exercises option for stake in joint venture Tolaram Africa Foods
Kellogg is investing US$420m to boost its interest in a joint venture with packaged foods manufacturer Tolaram Africa Foods as the US-based firm seeks a bigger contribution to growth from emerging...
View ArticleSouth Africa's Libstar concludes IPO with ZAR3bn raised
South African food company Libstar Holdings has raised ZAR3bn (US$238.6m) from a public offering of shares after revitalising a listing originally slated for last year.
View ArticleFrieslandCampina links up with Veris to invest in Ethiopia's Holland Dairy
Netherlands-based dairy giant FrieslandCampina has joined forces with Veris Investments in an undisclosed cash injection into Ethiopia's Holland Dairy.
View ArticleSouth Africa's Rhodes Food increases investment to boost brand share
South Africa-based Rhodes Food Group is ploughing more funds into its business as it seeks to further increase production capacity and boost brand share.
View ArticleNestle reorganises operations in sub-Saharan Africa
Swiss food giant Nestlé is reorganising its operations in sub-Saharan Africa to ensure the region stays on a sustainable growth path.
View ArticleDanone embroiled in Morocco boycott
Danone's business in Morocco is being hit by a consumer boycott, said to have been spread on social media amid anger at the cost of living in the north African country.
View ArticleTiger Brands announces changes to top team
South Africa-based food group Tiger Brands, which found itself at the centre of a recent listeria outbreak, said Grattan Kirk has resigned as chief growth officer of the firm's consumer goods division...
View ArticleNutropia to build chicken operation in Ethiopia
Ethiopia's Nutropia Poultry & Feed is to build a large-scale chicken facility in its home market.
View ArticlePhilafrica Foods eyes more deals after move for PepsiCo packer
South Africa-based agri-food group Philafrica Foods is weighing up more acquisitions in the packaged food sector to follow its move for Pakworks, a local manufacturer of snacks for PepsiCo.
View ArticleDanone Moroccan milk market share tumbles amid boycott
Danone CEO Emmanuel Faber has told reporters the French group will never quit Morocco despite losing 50% of its market share in fresh milk due to a consumer boycott.
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