Food Business Africa -MidWeek 40, News
AFRICAN NEWS HEADLINES
Sugar prices decline as duty-free imports surge
KENYA – Sugar prices in Kenya experienced a notable drop in August, marking the first decline in two months amid a significant increase in imports. . . More
Pieter Boone steps down as CEO of Pick n Pay
SOUTH AFRICA – South African grocery retailer Pick n Pay has announced the resignation of its Chief Executive Officer (CEO), Pieter Boone, who will be leaving the company with immediate effect . . . More
Dairy sector thrives as milk production surges by 13%
ZIMBABWE – Zimbabwe’s dairy industry has seen remarkable growth, with August witnessing a significant 13% increase in national raw milk production compared to the same month last year... More
South Africa explores trade options to combat poultry shortages
SOUTH AFRICA – South African government has considered a range of trade measures and vaccination strategies to alleviate the ongoing shortages of poultry products amid bird flu ... More
Liquor Board warns outlets against license non-compliance
ZIMBABWE - The Liquor Licensing Board in Zimbabwe has issued a warning to certain bottle stores and retail liquor outlets for non-compliance with their licensing conditions. . . More
GLOBAL NEWS HEADLINES
Study reveals potential link between cheese consumption, cognitive health
JAPAN – A recent study conducted by Japanese researchers has suggested that the consumption of cheese may be linked to a reduced risk of dementia and lower cognitive function in older adults . . . More
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Nestlé invests in white chocolate production in Italy
ITALY – Nestlé is set to invest in the modernization of white chocolate production line at its San Sisto plant in Italy making the factory the sole producer of the Galak and Milkybar brands. . . More
Government reviews alcohol-free beverage labeling to promote NoLo drinks
UK – The UK government is reviewing the criteria for labeling a beverage as “alcohol-free” as part of a comprehensive strategy aimed at reducing alcohol consumption. . . More
Shareholders crcriticizeestlé’s healthy products commitment
SWITZERLAND – A prominent group of shareholders has criticized Nestlé for its recent commitment to increase the sales of healthier products, labeling the approach as “flawed.”. . . More
Kerry highlights consumer focus on food waste reduction, shelf life optimization
GLOBAL – A recent study conducted by Kerry, a global food and beverage company, has shed light on consumers’ increasing willingness to switch to products and brands that offer extended shelf life . . . More
Insights from then latest issue of Food Business Africa Magazine
Market Trends: Brewing Industry in Africa As growth slows in the more mature markets of Europe and North America, it only makes sense for brewers to seek new markets, and no place is as promising as Africa with its burgeoning population and expanding middle class. Read the latest issue of Food Business Africa Magazine to find out strategies employed by the likes of Diageo, AB InBev, and Groupe Castel and the new craft brewers shaking the industry
PAST NEWS HEADLINES
EABL achieves a remarkable 55% reduction in carbon emissions. . . More
Angola makes first food exports to USA under AGOA . . . More
Unilever to compensate to tea pickers for 2007 plantation attacks. . . More
Nestlé sets target to promote nutritious foods by 2030. . . More
Ofi doubles functional dairy ingredients output in Malaysia . . . More