09 Mar SABMiller’s confidence in Africa
SABMiller sees more affordable beer and middle-class aspirations as the biggest growth opportunities in Africa.
...SABMiller sees more affordable beer and middle-class aspirations as the biggest growth opportunities in Africa.
...A new initiative, taking advantage of a new duty-free trading agreement with the EU, aims to see more bottled wines exported from South Africa in a bid to raise the country's reputation as a premium producer and promote job creation.
...Sales of Red Espresso capsules hit one million in a month on their launch in South Africa late last year - now the company is taking them to Europe, eyeing up a continent with an ingrained coffee culture and obsession with health, convenience, and coffee...
Shortly after it spent R165m buying Cape juice company, Pacmar, Rhodes Food Group (RFG) has announced it's to buy Boland Pulp‚ a juice and puree maker‚ and Deemster‚ a company that focuses on pickled foods‚ as it looks to diversify its business.
...SAB's Castle Lite remains the heavyweight in the "lite" beer market after Brandhouse was recently ordered to change the appearance of its Amstel Lite beer cans and six-pack wrapping.
...Parmalat South Africa has issued a public recall of a batch of its PureJoy apple juice after customer complaints prompted tests which found contamination with cleaning fluid.
...South Africa's Distell continues to grow its whisky credentials. It was recently awarded the title of 'Distiller of the Year' - for all producers from outside Scotland and the US - in an international whisky competition, muscling out a Japanese contender for first place.
...In 2005, red espresso changed the way South Africans (and consumers around the world) traditionally enjoyed rooibos – as a tea. The South African innovators revolutionised rooibos into an espresso – and won five global awards. Now the company has introduced another bold, world-first innovation:...
KWV is set to take on the white spirits market as the new, exclusive distributor of Stolichnaya Premium Vodka and elit by Stolichnaya, for Stoli Group, part of the SPI Group who own these two iconic brands.
...The Coca-Cola Co is to axe up to 1,800 jobs across the world as a cost-cutting programme designed to save $3bn over the next four years kicks in to gear.
...Rhodes Food Group has announced it's buying the Wellington-based Pacmar fruit juice business for R165m, its first major acquisition since the company raised R600m when listing on the JSE in October last year.
...Three days of national mourning were under way in Mozambique today after 67 people died as a result of drinking contaminated beer at a funeral over the weekend.
...There's a revolution happening in South Africa's winelands where a handful of young impassioned friends are turning their backs on the very practices that have made the country's wine industry such a success.
...Chinese businessperson William Wu has purchased a 51% stake in Swartland Winery, one of South Africa's leading wineries based outside the Western Cape town of Malmesbury.
...Renowned for its quality fruit juice blends, Ceres has added new value to eight variants of its 100% premium fruit juice range, by adding fruit cells for texture and repackaging the entire range in the stylish Tetra Pak Prisma.
...The Coca-Cola Company believes the Appletiser brand has "lots of legs" and the US-headquartered firm will look for opportunities to grow the niche brand, its regional head has said.
...UHT milk volumes overtook fresh milk for the first time in 2013 to account for the larger volume share of the South African white milk market and, according to BMi Research's Shawn Henning, the growth trend noted in long-life milk is set to continue.
...SABMiller and Coca-Cola plan to form one of the world's largest bottling operations with annual revenue of almost $3 billion (R33bn) in 12 markets across southern and east Africa under the name of Coca-Cola Beverages Africa. Coca-Cola will also acquire the Appletiser brand from SABMIller.
...Pioneer Food, the maker of Ceres fruit drinks and dozens of other food and beverage brands, says it will exit the deal that gives it bottling rights for PepsiCo in South Africa by the middle of next year.
...KWV has launched the world's first 'natural' Pinotage wine, Earth's Essence, that has 'no sulphites or preservatives added', made possible by utilising world-first technology. This follows KWV's joint acquisition of the patent for a revolutionary process using indigenous rooibos and honeybush wood during...