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PepsiCo-Pioneer Foods deal clears one competition hurdle

The proposed takeover of Pioneer Foods by US food and beverage giant PepsiCo has been ruled on by the competition watchdog in the South African company's home market.

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South Africa's Tiger Brands predicts profit slump on back of multiple issues

Tiger Brands, the South Africa-based food group, has issued new guidance on its half-year earnings expectations as it deals with multiple issues.

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Nigerian meat processor Best Foods acquired by local ag-tech trading platform...

Best Foods, a Nigeria-based meat-processing business, has been acquired by a local ag-tech trading platform for an undisclosed sum.

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PepsiCo secures South Africa competition backing for Pioneer takeover

South Africa's top competition body has ruled on PepsiCo's US$1.7bn takeover of local food and drinks business Pioneer Foods Group.

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FrieslandCampina to acquire PZ Cussons' Nutricima dairy business

UK consumer goods giant PZ Cussons has announced the sale of its Nigerian dairy business Nutricima to a European firm.

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Libstar adds frozen meals capability to Millennium Foods

Libstar Holdings revealed it has made a number of investments to boost the South African food group's production capacity and expand its category mix.

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Covid-19 - South Africa's Tiger Brands closes factories

Tiger Brands, the South Africa-based FMCG group, has shut a number of its plants as the company adjusts to the coronavirus pandemic.

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Tiger Brands gets "offers" for up-for-sale meat assets

Tiger Brands, the South Africa-based consumer-goods group, has issued an update on its plans to sell its meat assets.

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Tiger Brands closes bread factory after Covid-19 cases

South Africa's Tiger Brands has shut one of its production facilities after an undisclosed number of coronavirus cases among staff.

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Meat-free firm Fry closes South Africa factory due to Covid-19 case

Fry Group Foods, the South African meat-free manufacturer, has taken action after a manager contracted the Covid-19 virus.

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Covid-19 - Thai Union re-opens Ghana cannery

Seafood giant Thai Union Group has partially re-opened a cannery closed after an employee tested positive for the novel coronavirus.

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Tiger Brands cuts first-half guidance due to Covid-19-related impairments

Tiger Brands, the South Africa-based consumer goods group, has cut its first-half earnings guidance due to impairment charges.

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Two suitors table bids for up-for-sale Tiger Brands meat assets

Tiger Brands has issued fresh details on the interest in the "value-added" meat business the South Africa-based consumer-goods group has put on the block.

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PE firm DPI pumps multi-millions into Tunisian food business Sicam

UK-based private equity firm group Development Partners International (DPI) has backed a North African food business to the tune of US$56m.

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Tiger Brands eyes private-label expansion as H1 profits slide - key takeaways

South African FMCG major Tiger Brands reported a poor set of first-half results this week amid price pressures and Covid-19. Simon Harvey looks at the key talking points.

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Hershey to step up "direct sourcing" of cocoa in Africa

Reese's maker Hershey has pledged to increase the "direct sourcing" of its cocoa supplies from two key markets.

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South Africa's RCL Foods issues Covid-19 profit warning

South Africa's RCL Foods has issued an update on its outlook for profits amid the impact of the coronavirus outbreak in the country.

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Ethiopian edible oil business Turaco backed by investors Proparco and Ethos

Turaco, an Ethiopian holding company which holds a portfolio of FMCG assets including edible oils, has attracted backing from investors.

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South Africa's Country Bird Holdings invests in local poultry peer Quantum Foods

Country Bird Holdings, the South African poultry group, has acquired a stake in local peer from investor Zeder Investments.

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"We want to transform the sector" - Mondelez's Cathy Pieters on snacks...

In 2016, Mondelez ended Fairtrade certification for Dairy Milk and forged a new tie-up with Fairtrade through its own sustainability platform Cocoa Life. What happened next?

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