Safe-haven investments do not come much safer than food producers. This has made big-name companies such as AVI and Tiger Brands market favourites and driven up the JSE food producers sector rating to a level last seen 19 years ago.
8 Oct 2013 07:08
Pioneer Food's revenue for the 11 months to August increased by 10% to R18bn‚ the company said in a voluntary trading update on Monday (16 September).
17 Sep 2013 12:01
In SA, Famous Brands produces 265,000 cups of specially blended coffee a day. With 2,175 restaurants, the company, whose brands include Wimpy, Steers and Mugg & Bean, also makes 77m ice-cream cones a year. It's the big daddy of SA franchising, with a R9,7bn market capitalisation, and it wants to repeat its local success in the rest of Africa.
By Zeenat Moorad 16 Sep 2013 09:21
African markets to the northern parts of SA are proving lucrative for local fruit and vegetable retailers, with business accounting for at least 10% of turnover for the sector.
By Shannon Sherry 16 Aug 2013 11:15
While SA has been growing genetically modified (GM) crops for many years, resistance from across most of the continent is set to slow global plans to turn Africa into the world's breadbasket.
12 Aug 2013 12:03
Receive free email newsletter
Tell a friend about us