NEW YORK - Coca-Cola reported higher quarterly profits on Wednesday as increased sales in North America offset lower revenues overseas due in part to the strong dollar...
24 Jul 2015
ENKOEPING, Sweden: Already feeling a Europe-wide price squeeze, Sweden's dairy farmers are also being cornered by dwindling milk consumption and legal tussles with boastful non-dairy competitors...
19 Feb 2015
The local arm of SABMiller (SAB)‚ South African Breweries' maltings division is looking to supply product to other African countries following its investments to expand capacity‚ according to the unit's general manager Thinus van Schoor.
By Nick Hedley 13 Mar 2014
Global brewing company SABMiller's Nigerian subsidiary‚ Intafact Beverages‚ is to expand its brewery in Onitsha‚ south-eastern Nigeria.
24 Jan 2014
LONDON, UK: British retailer Marks & Spencer faced criticism after it emerged that it allows Muslim staff to refuse to sell customers pork or alcohol.
24 Dec 2013
Fast food group Famous Brands reported a 20% increase in headline earnings per share to 180c for the six months to August.
29 Oct 2013
After two major acquisitions in international cognac and whisky brands‚ Stellenbosch-based liquor group Distell will now be prioritising the global growth of its highly-profitable cider brands.
By Marc Hasenfuss 18 Oct 2013
The purchase of feminine hygiene brand Lil-Lets Group by Brait company Premier Foods is part of a broader strategy to expand Premier across other fast-moving consumer goods (FMCG) categories according to Brait director Sean Dougherty.
By Nick Hedley 14 Oct 2013
MAPUTO, MOZAMBIQUE: In laid-back Mozambique with its endless white beaches and bustling markets, alcohol is freely available but a proposed law seeks to end the country's liberal drinking culture.
17 Sep 2013
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
After 23 years in SA's R6bn fruit industry, many of them as managing director of Tru-Cape Fruit Marketing - SA's biggest producer of apples and pears - Charles Hughes is retiring without having fulfilled his ambition of gaining access to China's vast market. He blames it on the SA government.
16 Sep 2013
Massmart's chief executive Grant Pattison has long cautioned against expecting short-term wonders from the SA retailer's acquisition by Walmart. The reality of his warning kicked in with a vengeance in June, sending Massmart's share price diving by a third.
2 Sep 2013