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PACKAGING NEWS ON FASTMOVING

Glassmaker expands in Africa to boost revenue, Kenya

Glassmaker expands in Africa to boost revenue, Kenya

16/10/2013 - 11:38
East Africa Glassware Mart plans to double its revenue to $34 million (Sh2.9 billion) by opening in 10 new markets within Africa over the next three years. read more
Distell taps into China's cognac market

Distell taps into China's cognac market

09/10/2013 - 10:23
Johannesburg - South African liquor company Distell Group Limited [JSE:DST] has acquired a 60% share in fast-growing liquor distribution company CJ Wines & Spirits‚ expanding its presence in the East. read more
Tokyo uncorks apartments for wine lovers

Tokyo uncorks apartments for wine lovers

09/10/2013 - 10:15
Tokyo - For those who have trouble finding space for a large wine collection, a new apartment block in Japan with an in-house cellar and a visiting sommelier could be the perfect place to live. read more
Guinness Ghana moves to enhance product distribution

Guinness Ghana moves to enhance product distribution

04/10/2013 - 12:23
Guinness Ghana Breweries Limited (GGBL), has appointed Mr Eric Otoo as the 'Route to Consumer' (RtC) Director in line with the company's vision of dominating the beverage industry in the country.  read more
Namibia Breweries Limited earnings expected to be lower by N$190 million in September

Namibia Breweries Limited earnings expected to be lower by N$190 million in September

03/10/2013 - 12:31
Namibia Breweries Limited (NBL) said earlier in September that it expects basic earnings per share to be materially lower than the prior year by between 66% and 68% in the year ended 30 June. The company said in a trading statement published by the Namibia Stock Exchange that the decline is attributed to the impairment of a deferred tax asset related to DHN Drinks.  read more
Rooibos protection one step closer

Rooibos protection one step closer

12/09/2013 - 15:09
Cape Town - The publication of rules governing the use of the name Rooibos is a first step in preventing its misuse and achieving international protection for the iconic South African plant, said the South African Rooibos Council.  read more
Foreign firms in China beef up compliance

Foreign firms in China beef up compliance

04/09/2013 - 11:58
Beijing - Foreign companies in China are getting increasingly jumpy about a spate of antitrust and corruption investigations by Chinese authorities and are hiring lawyers to make sure their operations comply with the law. read more
Zambia: Mealie meal prices now fetching K90 in most parts of Western Province

Zambia: Mealie meal prices now fetching K90 in most parts of Western Province

30/08/2013 - 09:02
Mealie meal prices have continued to rise in most parts of Western Province with Sikongo having the highest cost of K90 per 25kg bag of breakfast and K85 roller meal.  read more
Spar to open Angola store

Spar to open Angola store

29/08/2013 - 10:41
Johannesburg - Spar Group Ltd., a South African food and liquor retailer, is working with an Angolan partner to open a store in the country’s capital, Luanda, in the next six months, Finance Director Mark Godfrey said. read more
Milk industry is not dwindling - expert

Milk industry is not dwindling - expert

28/08/2013 - 08:25
Bloemfontein - The expansion of South Africa’s middle class bodes well for milk producers, SA Milk Producers' Organisation CEO Bertus de Jongh said on Tuesday. read more
Booze ad ban will hurt, warns Sacci

Booze ad ban will hurt, warns Sacci

27/08/2013 - 09:49
Johannesburg - Restricting marketing on liquor will have a negative affect on the industry and the economy, the SA Chamber of Commerce and Industry (Sacci) said on Monday.  read more
More contaminated Zambeef products burnt

More contaminated Zambeef products burnt

16/08/2013 - 08:49
About 65,000 kg of contaminated Zambeef products that were confiscated from the northern region were disposed of this week in Kitwe by burning them.  read more
‘Actis planning Adcock bid’

‘Actis planning Adcock bid’

14/08/2013 - 08:41
Johannesburg - Actis LLP, a London-based private-equity firm, has proposed an offer for Adcock Ingram Holdings Ltd. to rival a bid from Chilean drugmaker CFR Pharmaceuticals SA, two people familiar with the matter said.  read more
French champagne makers cross fingers

French champagne makers cross fingers

14/08/2013 - 08:24
Paris - Barring bad weather in the next two months, France's champagne production is forecast to jump by 56% this year, a bright spot in an otherwise rough period for wine growers. read more
South African wine producers to feel the heat

South African wine producers to feel the heat

05/08/2013 - 08:53
Cape Town - The global wine industry is worth $230bn a year and the potential yields for the South African industry have never been as great, nor the pitfalls as plenty, according to Linda Buckley, director of executive education at UCT’s Graduate School of Business (GSB). read more
Bralirwa unveils ‘medium size’ beer bottle

Bralirwa unveils ‘medium size’ beer bottle

30/07/2013 - 09:11
Rwanda’s leading beer and soft drinks maker, Bralirwa, has launched a 50cl bottle for its Primus beer brand onto the market. read more
Zambeef announces 100% Zambian beef policy

Zambeef announces 100% Zambian beef policy

26/07/2013 - 10:57
Zambeef Products has made a landmark decision to deal exclusively in Zambian beef products, and will no longer sell any imported beef. read more
PIC wants Adcock to stay in local hands

PIC wants Adcock to stay in local hands

23/07/2013 - 08:56
Johannesburg - The top shareholder in Adcock Ingram said it would prefer a local buyer for the country's second-biggest drug maker over a $1.3bn bid from Chile's CFR Pharmaceutical. read more
Tanzania moves to cushion coffee growers

Tanzania moves to cushion coffee growers

22/07/2013 - 10:07
The Minister for Agriculture, Food Security and Co-operatives, Eng Christopher Chiza, told ‘Daily News’ that the government would assist coffee farmers by providing them with coffee seedlings at subsidised prices. “In principle we have agreed that we should provide them with input subsidies.  read more
Ghana’s non-traditional export earnings fall 2.4% in 2012

Ghana’s non-traditional export earnings fall 2.4% in 2012

22/07/2013 - 09:44
Ghana’s non-traditional exports earnings fell 2.43 per cent to $2.364 billion in 2012 compared with $2.423 billion in 2011.  read more
EMEA PC shipments plummet

EMEA PC shipments plummet

22/07/2013 - 08:57
New research from the International Data Corporation (IDC) shows that PC shipments in Europe, Middle East, and Africa (EMEA) continued to contract in the second quarter of 2013 (2Q13). read more
NBL’s largest roof-mounted solar power plant in Africa

NBL’s largest roof-mounted solar power plant in Africa

19/07/2013 - 08:56
Namibia Breweries Limited (NBL) in conjunction with O&L Energy has announced the official approval of a 1 MW on-grid solar photovoltaic (PV) facility that will be the largest roof-mounted PV plant in Africa to date.  read more
Getting Chinese to drink more South African wine

Getting Chinese to drink more South African wine

19/07/2013 - 07:29
Cape Town - The Western Cape department of agriculture, together with Wines of South Africa, recently hosted the second Beijing Wine Tasting in China.  read more
Stone Strong Lager wins Monde Quality Award for the third time, Ghana

Stone Strong Lager wins Monde Quality Award for the third time, Ghana

18/07/2013 - 10:53
Stone Strong Lager, one of Accra Brewery’s flagship beer brands, has won a Gold Award for product and quality at the recently held Monde Selection Awards on May 31, in Stockholm, Sweden.  read more
Coca-Cola invests Sh1.2 billion in plastic plant, Kenya

Coca-Cola invests Sh1.2 billion in plastic plant, Kenya

18/07/2013 - 10:26
Coca-Cola through Nairobi Bottlers has invested Sh1.2 billion in a new manufacturing plant that produces materials for production of plastic bottles. read more
Ghana bans Zambeef products

Ghana bans Zambeef products

18/07/2013 - 10:03
The Food and Drugs Authority (FDA) of Ghana has warned prospective importers of Zambeef Products produced in Zambia to immediately halt any processes to get the beef into Ghana. read more
Retail price of mealie-meal hiked, Zambia

Retail price of mealie-meal hiked, Zambia

18/07/2013 - 09:43
The retail price of mealie-meal has been increased by about K5 after millers hiked the cost of the staple food by K2 on account of the removal of fuel and maize subsidies.  read more
Merck deal set to spur Aspen bond sale

Merck deal set to spur Aspen bond sale

17/07/2013 - 08:49
Aspen Pharmacare’s purchase of a Merck division would probably spur South Africa’s largest drug maker to sell its first bonds to diversify debt, money manager Anchor Capital said on Friday. read more
Drinks business Delta awaits nod on BEE plan

Drinks business Delta awaits nod on BEE plan

16/07/2013 - 10:12
Zimbabwe Stock Exchange-listed industrial concern Delta Corporation Limited, an associate of SAB Miller of South Africa, says it is still waiting for a response from government on an indigenisation plan submitted three years ago, the group chief executive has said. read more
Ghana: Government to discourage flour imports

Ghana: Government to discourage flour imports

16/07/2013 - 09:30
The Minister of Trade and Industry, Mr. Haruna Idrissu, has said government may, in the future, consider taking measures to discourage the importation of flour into the country in order to reinforce local production. read more
Private equity firm buys into Ethiopian drink maker

Private equity firm buys into Ethiopian drink maker

16/07/2013 - 08:32
Kenya-based private equity firm Catalyst said it had acquired a 50 per cent stake in Ethiopian food and drink maker Yes Brands to tap into the Horn of Africa nation's large population and fast economic growth.  read more
Poultry price may almost double

Poultry price may almost double

11/07/2013 - 10:25
Johannesburg - A complaint was lodged on Wednesday with the Competition Commission against the SA Poultry Association and local frozen chicken producers. read more
Use W Cape as African gateway, China told

Use W Cape as African gateway, China told

04/07/2013 - 09:34
Cape Town - China should use the Western Cape as an investment gateway into Africa, the provincial agriculture and rural development department said on Wednesday. read more
Zambia’s Eastern Province tops maize production

Zambia’s Eastern Province tops maize production

02/07/2013 - 11:22
Eastern Province has recorded the highest production in maize, groundnuts and sunflower in the 2012/13 farming season. read more
Coke launches cola with natural sweetener

Coke launches cola with natural sweetener

28/06/2013 - 11:19
Washington - June 26 - Coca-Cola announced plans on Wednesday to introduce a cola that is sweetened with sugar and the naturally occurring no-calorie sweetener stevia, in Argentina. read more
South African wine producer now in Kenyan market

South African wine producer now in Kenyan market

25/06/2013 - 08:54
A South African wine producer Orange River Cellars has signed a distributorship deal with Kenya’s Chareth General Agencies.  read more
India: Liquor rates hiked by Delhi govt as much as 11%

India: Liquor rates hiked by Delhi govt as much as 11%

21/06/2013 - 11:44
Tipplers will have to shell out more to buy liquor in the capital with the Delhi Government approving a hike in alcohol rates as part of new excise policy, late last month.  read more
UK grocers sign up to label scheme

UK grocers sign up to label scheme

19/06/2013 - 08:51
London - Britain's major food manufacturers and retailers have agreed to follow the same system of nutritional labelling as part of a government initiative to tackle obesity and poor diet and ease the financial burden on health services. read more
Carbon footprints for five beverage categories released by BIER

Carbon footprints for five beverage categories released by BIER

24/05/2013 - 15:37
n an effort to accelerate understanding of beverage sector impacts on climate change and identify reduction priorities for greenhouse gas emissions, the Beverage Industry Environmental Roundtable (BIER) has published its research on carbon footprints for five beverage categories, including beer, bottled water, carbonated soft drink, spirits and wine.  read more
Adcock gets proposals for 100% aquisition

Adcock gets proposals for 100% aquisition

10/05/2013 - 08:05
South African drugmaker Adcock Ingram said on Thursday a rival bid was in the offing to a $675m (R60.7) one made by conglomerate Bidvest [JSE:BVT], raising the stakes for a possible acquisition and pushing its share price up almost 8%. read more
US: Berghoff Brewing to revive brands, change brewers

US: Berghoff Brewing to revive brands, change brewers

24/04/2013 - 07:53
Berghoff Brewing will revive its brands this summer with updated recipes, and a move to contract brewing the beers at Stevens Point Brewery. read more
Namibian pharmaceutical manufacturer, Fabupharm, grows 100% in one year

Namibian pharmaceutical manufacturer, Fabupharm, grows 100% in one year

23/04/2013 - 09:51
Fabupharm Products, a wholly-owned Namibian pharmaceutical manufacturer, has doubled in size over the past year. Subsequent to upgrading its manufacturing facility to comply with international standards, Fabupharm announced recently it has received an Official Manufacturing GMP (Good Manufacturing Practice) License from the Namibian Medicines Regulatory Council (NMRC). This means that Fabupharm is now licensed to manufacture scheduled medicinal products. read more
Aspen to buy Nestle infant food business

Aspen to buy Nestle infant food business

18/04/2013 - 13:25
Johannesburg - Aspen Pharmacare Holdings [JSE:APN] has plans to buy Nestle's infant nutritional business for $215m, the company said on Thursday.  read more
US: Johnson & Johnson tops estimates as prescription, OTC drugs shine

US: Johnson & Johnson tops estimates as prescription, OTC drugs shine

18/04/2013 - 11:21
(Reuters) - Johnson & Johnson beat Wall Street's quarterly profit estimates on sharply lower taxes, strong sales of prescription drugs and a revival of over-the-counter medicines that had been recalled over quality control problems. read more
Danone sales boosted on baby food demand

Danone sales boosted on baby food demand

17/04/2013 - 10:58
Paris - French food group Danone said Tuesday the explosion in demand for baby formula in China helped lift sales by 4.3% in the first quarter of the year to €5.3bn ($6.9bn). read more
Supermarkets respond to meat report

Supermarkets respond to meat report

15/04/2013 - 08:28
Johannesburg - Popular supermarkets including Pick n Pay, Shoprite, Woolworths and Spar have responded to a City Press report that identified them as stocking incorrectly labelled meat products. read more
SA approves new trade labels for Israel

SA approves new trade labels for Israel

12/04/2013 - 09:10
Johannesburg - South Africa has imposed new rules requiring goods imported from occupied Palestinian territories display special labels, a government official said on Thursday.  read more
Namibia: New brand of local fish products by Kuiseb Traders

Namibia: New brand of local fish products by Kuiseb Traders

04/04/2013 - 08:56
Windhoek - Kuiseb Traders have shown that they mean business when they recently launched a fully Namibian brand of processed and packaged fish products for the local market. read more
Lindt loses Easter bunny trademark case

Lindt loses Easter bunny trademark case

02/04/2013 - 07:15
Zurich - Swiss premium chocolate maker Lindt & Spruengli has lost a court battle to protect its gold foil-wrapped Easter bunnies from imitation by a German rival. read more
China wine market soars

China wine market soars

26/03/2013 - 10:43
China is becoming an increasingly important market for New Zealand wine and a group of local firms is hoping to boost sales further by making an appearance this week at one of the Asian superpower's biggest international trade shows, the Chengdu Wine Fair.  read more
World wine output down, hit by weather and EU curbs

World wine output down, hit by weather and EU curbs

26/03/2013 - 10:09
(Reuters) - Global wine production fell sharply last year due to bad weather in Europe and a recent policy to drain its "wine lakes", while Chile and United States saw a jump in harvests, according to a recent report. read more
Local wine exports reached record high in 2012

Local wine exports reached record high in 2012

26/03/2013 - 09:58
South Africa is anticipating a grape crop of more than 1.3-million tons for 2013 – a record in the wine industry’s history – which could, depending on market demand, potentially aid wine exports. The country’s wine exports reached a record of 417-million litres in 2012, up 17% from 2011. read more
Strong beer overpowers milder version in the Indian market

Strong beer overpowers milder version in the Indian market

26/03/2013 - 09:00
Bangalore: While Americans and Europeans prefer their beer to be light on alcohol content, Indians have traditionally been partial to a stronger brew, a preference that’s become further accentuated of late along with an improvement in the image associated with such beverages. read more
German competition watchdog in beer market probe

German competition watchdog in beer market probe

26/03/2013 - 08:48
AFP - German antitrust authorities said on Monday that they had opened an investigation against several brewers over the suspected price fixing of beer. read more
Walmart wine selling key to SA push

Walmart wine selling key to SA push

26/03/2013 - 08:13
South Africa, the eighth-biggest wine producer, is seeking to regain a foothold in the US market lost to imports from Australia to Argentina by promoting brands at Walmart Stores and Whole Foods Market, a diplomat said last week.  read more
Local Supplier, Oceanfresh Seafoods, listed in Sam’s Club, US

Local Supplier, Oceanfresh Seafoods, listed in Sam’s Club, US

25/03/2013 - 15:33
Lonrho’s Oceanfresh Seafoods, local purveyor of fresh and frozen seafood, has recently been listed in Sam’s Club stores in the US.  read more
 Clover to head for the coast as travel costs rise

Clover to head for the coast as travel costs rise

22/03/2013 - 08:26
Dairy producer Clover is investigating the possibility of moving its cheese facility closer to milk sources at the coast. This would save on transport and distribution costs, the firm said this week. read more
Walgreens profit rises in Q2; unveils blockbuster partnership

Walgreens profit rises in Q2; unveils blockbuster partnership

20/03/2013 - 13:34
New York -- Walgreens reported a better-than-expected profit on flat sales for its second quarter Tuesday morning and unveiled an expanded partnership with AmerisourceBergen that could give the pharmacy operator an equity position and seat on the drug wholesaler’s board. read more
Council shocked at salt regulations

Council shocked at salt regulations

20/03/2013 - 10:05
Johannesburg - The Consumer Goods Council of SA (CGCSA) expressed disappointment on Tuesday at the publication of regulations to reduce salt content in foodstuffs. read more
Danone pulls dairy products

Danone pulls dairy products

19/03/2013 - 13:16
Bucharest - French food industry group Danone said Monday it had withdrawn some of its dairy products from sale in Romania after a potentially carcinogenic substance was found in milk from one of its suppliers.  read more
Sugar group seeks import tariffs, EU quota

Sugar group seeks import tariffs, EU quota

18/03/2013 - 09:22
The South African sugar industry is pushing for the introduction of import tariffs aimed at reducing the amount of sugar imported into the country, as well as for trade agreements to be extended to European markets to increase its sugar exports, which would hopefully add R1 billion to the industry’s inconsistent and struggling revenue growth.  read more
Chocoholics drive Lindt profits

Chocoholics drive Lindt profits

18/03/2013 - 08:26
Zurich - Swiss luxury chocolate maker Lindt & Spruengli said it was confident people would keep buying its sweet treats this year despite weak consumer sentiment in its key market, Europe.  read more
Watchdog acts on pork in halaal foods

Watchdog acts on pork in halaal foods

18/03/2013 - 08:16
Oslo - The Norwegian Food Safety Authority said on Friday it would file a police complaint against a food company after finding large quantities of pork in its halaal-labelled products. read more
Manufacturing creates jobs, says Patel

Manufacturing creates jobs, says Patel

15/03/2013 - 08:35
Johannesburg - The South African economy needs a larger manufacturing sector in order to improve employment, Economic Development Minister Ebrahim Patel said on Thursday.  read more
Business startup bags big Woolies contract

Business startup bags big Woolies contract

14/03/2013 - 15:12
Cape Town - A steadfast commitment to exceptional quality, service and big dreams has allowed a startup company to turn their dreams into reality by manufacturing and supplying luxury paper bags for Country Road and Trenery - brands owned by Woolworths Holdings [JSE:WHL].  read more
Manufacturing production climbs 3.9%

Manufacturing production climbs 3.9%

14/03/2013 - 14:42
Johannesburg - Manufacturing production increased by 3.9% year-on-year (y/y) in January after an unrevised 2.0% (y/y) rise in December‚ data released by Statistics SA on Thursday showed. read more
Meat inspectors strike for more pay

Meat inspectors strike for more pay

13/03/2013 - 08:44
Johannesburg - Meat inspectors are on a legal strike over a pay dispute, International Meat Quality Assurance Services (IMQAS) said on Tuesday. read more
Hostess: no other bids for Twinkies

Hostess: no other bids for Twinkies

13/03/2013 - 07:54
New York - Hostess is moving ahead with plans to sell its Twinkies and other snack cakes to two investment firms after no other competitive offers were made. read more
EU bans animal-tested cosmetics

EU bans animal-tested cosmetics

12/03/2013 - 07:33
Brussels - The European Union is banning the sale of new cosmetic products containing ingredients tested on animals. read more
Unrest puts SA’s wine exports ‘at risk’

Unrest puts SA’s wine exports ‘at risk’

08/03/2013 - 13:38
South Africa’s wine exports to Sweden, one of the local industry’s biggest markets, are listed as “at risk” following the recent unrest that took place mainly in the Hex River Valley, although the farms there produce table grapes and not wine. read more
SABMiller to begin building Namibian brewery

SABMiller to begin building Namibian brewery

07/03/2013 - 09:32
Johannesburg – International brewing giant SABMiller [JSE:SAB] is planning to break ground in April this year with the construction of its planned 260 000 hectolitre brewery in Namibia. read more
Mandela wine launched in US

Mandela wine launched in US

04/03/2013 - 07:58
A wine company bearing the name of the former president Nelson Mandela has been established in the United States, the Sunday Sun reported. read more
Clover and Nestlé SA unveil new entity

Clover and Nestlé SA unveil new entity

04/03/2013 - 07:47
Johannesburg - Clover Industries [JSE:CLR] and Nestlé SA on Friday announced the formation of the new entity‚ called Clover Waters.  read more
No name and shame of meat culprits

No name and shame of meat culprits

04/03/2013 - 07:41
Cape Town - Despite consumers baying for blood, the food researcher who exposed the meat scandal refuses to name and shame the suppliers, retailers and butchers whose products were tested.  read more
Litha Healthcare jumps on delisting proposal

Litha Healthcare jumps on delisting proposal

28/02/2013 - 09:56
Johannesburg - Litha Healthcare, a South African drugmaker, rose the most in almost ten months after saying its considering buying shares back and going private.  read more
Cipla ups offer for SA's Cipla Medpro

Cipla ups offer for SA's Cipla Medpro

28/02/2013 - 09:35
Mumbai - Indian drugmaker Cipla on Thursday sweetened its offer by 17% to take over South Africa's third-largest drugmaker, Cipla Medpro South Africa [JSE:CMP], ending the uncertainty of an earlier offer that had been put on hold by the Indian company. read more
Donkey, buffalo found in SA meat

Donkey, buffalo found in SA meat

27/02/2013 - 08:58
Cape Town - There’s a fair share of fraudulent meat products on the South African market, according to a new study by meat scientists from Stellenbosch University.  read more
CEO of firm behind Tabasco brand dies

CEO of firm behind Tabasco brand dies

25/02/2013 - 08:12
Avery Island - Paul C.P. McIlhenny, chief executive and chairman of the board of the McIlhenny Company that makes the trademarked line of Tabasco hot pepper sauces sold the world over, has died. He was 68. read more
Mondi posts slight drop in full-year earnings

Mondi posts slight drop in full-year earnings

21/02/2013 - 11:08
Johannesburg - South African Paper maker Mondi [JSE:MND] said on Thursday it expects to reap the benefit of recent acquisitions after reporting a slight drop in full-year earnings on lower prices. read more
SABMiller China Venture to Pay $851 Million for Brewery

SABMiller China Venture to Pay $851 Million for Brewery

18/02/2013 - 10:39
SABMiller Plc’s joint venture in China agreed to pay HK$6.6 billion ($851 million) for beermaking assets from Kingway Brewery Holdings Ltd. to boost its share of the world’s biggest market for the beverage.  read more
GSK faces crucial year after shortfall

GSK faces crucial year after shortfall

07/02/2013 - 07:50
London - GlaxoSmithKline, Britain's biggest drugmaker, renewed its promise to return to growth this year, after failing to deliver a hoped-for sales and margin recovery in 2012. read more
Nestlé awaits ruling on Pfizer baby nutrition bid

Nestlé awaits ruling on Pfizer baby nutrition bid

06/02/2013 - 09:24
Infant milk formula manufacturers and distributors Nestlé and Pfizer will learn today whether the Competition Tribunal will approve, with conditions, the former’s planned takeover of the latter’s baby nutrition division, a deal that could increase the prices of the products. read more
Australia: Coopers prepares for Carlsberg relaunch

Australia: Coopers prepares for Carlsberg relaunch

06/02/2013 - 09:19
Coopers will soon ramp up the marketing activity behind its new international beer brands, Carlsberg and Kronenbourg, having recently announced a $20 million capital expansion programme to accommodate its continued sales growth. read more
SaBMiller China unit pays HK$6.6bn for assets

SaBMiller China unit pays HK$6.6bn for assets

06/02/2013 - 08:47
SABMiller’s joint venture in China agreed to buy HK$6.6 billion (R7.5bn) worth of brewery assets from Kingway Brewery Holdings to boost its share of the nation’s beer market. read more
Pfizer profits jump on asset sale gain

Pfizer profits jump on asset sale gain

30/01/2013 - 09:34
New York - The world's biggest pharmaceutical company, Pfizer, reported Tuesday a big jump in fourth-quarter earnings as cost-cutting efforts plus a gain from an asset sale helped offset the loss of exclusivity of a blockbuster cholesterol drug.  read more
Choppies supermarket-chain faces cost challenges as it increases footprint in South Africa

Choppies supermarket-chain faces cost challenges as it increases footprint in South Africa

23/01/2013 - 10:04
Choppies, the BSE-listed supermarket chain, seems to be paying the price for fast expansion across the country and its vigorous entry into the South African market. read more
French Fry manufacturer, Oerlemans Foods, to be sold to Baltussen Holding

French Fry manufacturer, Oerlemans Foods, to be sold to Baltussen Holding

23/01/2013 - 09:39
VION N.V. announced that it has entered into an agreement for the intended sale of its company Oerlemans Foods to Baltussen Holding B.V.  read more
GGB launches cassava beer, Ruut Extra Premium

GGB launches cassava beer, Ruut Extra Premium

22/01/2013 - 09:21
Guinness Ghana Breweries Ltd (GGBL), Ghana’s only total beverage business, has launched a new home-grown beer called Ruut Extra Premium Beer.  read more
Namibia: Good Holiday Business At the Coast

Namibia: Good Holiday Business At the Coast

22/01/2013 - 09:03
People were not afraid to spend money this past holiday season, and Swakopmund businesses say their turnover was better than in previous years. read more
Kenya: new Bill on alcohol in Parliament

Kenya: new Bill on alcohol in Parliament

18/01/2013 - 10:07
A push to tighten beer regulation is underway in a proposed law currently before Parliament. If passed into law, the Alcoholic Drinks Control (amendment) Bill, 2012 will see the introduction of new regulations and institutions not contained in the current Alcoholic Drinks Control Act, 2010. read more
Zambia: Tujilijili liquor ban: High Court reserves judgment

Zambia: Tujilijili liquor ban: High Court reserves judgment

18/01/2013 - 09:52
The Lusaka High Court has reserved judgment in a matter in which 15 liquor companies have challenged the Government’s decision to ban them from manufacturing and supplying alcoholic drinks, popularly known as ‘Tujilijili’. read more
UK: Tesco ‘Everyday Value’ Alcohol Range Does Not Break Alcohol Marketing Rules

UK: Tesco ‘Everyday Value’ Alcohol Range Does Not Break Alcohol Marketing Rules

15/01/2013 - 08:55
The packaging of Tesco’s ‘Everyday Value’ alcohol range does not breach alcohol responsibility rules, the Portman Group's Independent Complaints Panel (ICP) has ruled. .  read more
Jack Daniel's to launch white whiskey for the first time since the Prohibition Era

Jack Daniel's to launch white whiskey for the first time since the Prohibition Era

10/01/2013 - 08:33
Whiskey lovers who are drawn to the golden brown tones of their favourite tipple might need a little time to savour the new offering from Jack Daniel's. read more
EABL unveils Sh4.3bn plant expansion plan

EABL unveils Sh4.3bn plant expansion plan

19/12/2012 - 09:03
East African Breweries Limited (EABL) will invest Sh4.3 billion in expanding capacity at its Ruaraka-based plant as it seeks to increase efficiency.  read more
East Africa: Beer maker plans to halve prices

East Africa: Beer maker plans to halve prices

10/12/2012 - 11:03
A brewer plans to cut by half the price of its products in the increasingly tough industry characterised by beer wars.  read more
 GSK to spend $1bn to lift stakes

GSK to spend $1bn to lift stakes

27/11/2012 - 08:16
GlaxoSmithKline Plc plans to spend more than $1 billion to raise stakes in its Indian and Nigerian consumer healthcare arms, as Britain's biggest drugmaker deepens its emerging markets and non-prescription consumer health footprint.  read more
Aucamp resigns as Cipla CFO

Aucamp resigns as Cipla CFO

27/11/2012 - 07:43
Johannesburg - Chris Aucamp has resigned as Chief Financial Officer and executive director of Cipla Medpro with immediate effect‚ the company said Monday. read more
Nampak More than Doubles Profit from Africa

Nampak More than Doubles Profit from Africa

22/11/2012 - 09:39
Nampak yesterday released its results for the year ended 30 September 2012. Trading profit from the rest of Africa increased by 159% following good contributions from Angola and Zambia. Group trading profit increased by 16% to almost R1.8 billion, with improved results from most operations. The trading margin improved to 10.2%. read more
SA wines might get labour labels

SA wines might get labour labels

16/11/2012 - 08:13
Cape Town - Wine farmers may have to label their products to indicate they were produced under fair labour conditions, Trade and Industry Minister Rob Davies has said, Beeld reported on Thursday.  read more
AB InBev woos beer-drinkers with Crowdsourced, locally developed Bud flavours

AB InBev woos beer-drinkers with Crowdsourced, locally developed Bud flavours

09/11/2012 - 08:59
Budweiser was introduced in 1876 when company founder Adolphus Busch set out to create the United States' first truly national beer brand – brewed to be universally popular and transcend regional tastes — so it's no doubt still smarting from Bloomberg Businessweek's cover story on "The Plot to Destroy America's Beer" (sample quote: "Many people in the U.S. aren’t thrilled that a foreign company now owns Budweiser, America’s beer"). read more