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Distell expects up to 20% rise in full-year profits

Drinks maker Distell said on Friday its full-year profit would be up to around 20% higher than a year earlier, but a fourth ban on alcohol in its home market South Africa had cost it about R30m so far...

By Emma Rumney 4 hours ago

Tetra Pak partners with Synercore to accelerate food chain innovation in Africa

Tetra Pak's partnership with Synercore aims to accelerate innovation in health and safety regarding the commercialisation of shelf-stable food products in Africa...

2 Jul 2021

Tana Africa Capital acquires stake in African drinks business KDV Holdings

Private equity firm Tana Africa Capital has purchased a stake in Kensington Distillers & Vintners, an African premium drinks business focused on beverage manufacturing and distribution...

2 Jul 2021

Rooibos tea: EU protection is good news for South African agriculture

Rooibos tea is the first African product to receive EU protected designation. What does this mean for the region where it's grown?

29 Jun 2021

Cape Town microbrewery triumphs at 2021 African Beer Cup

Afro Caribbean Brewing Company scooped the title of Best Beer in Africa for its Space Llama double IPA at the 2021 African Beer Cup held recently...

8 Jun 2021

Goodleaf merges with Highlands Investments to create R650m cannabis company

South African premium CBD brand Goodleaf is merging with Highlands Investments, formerly Canopy Growth Africa, in a deal that will see the combined company be valued at approximately R650m...

4 Jun 2021

Global food prices rise at rapid pace in May

FAO Food Price Index posts fastest monthly increase to reach highest value since September 2011...

3 Jun 2021

Marek Zmyslowski on plotting a realistic e-commerce growth strategy in Africa

During the PayFast eCommerce Virtual Summit, investor and serial entrepreneur Marek Zmyslowski urged African businesses to employ a more level-headed approach to mapping online growth...

By Lauren Hartzenberg 23 May 2021

New beverage brand Bissap inspired by flavours of West Africa

The goal was to create a commercial iteration of the beverage to be bottled and made available in Southern Africa, where it's previously only been consumed at family gatherings of Africa's diaspora...

21 May 2021

Danone names Antoine de Saint-Affrique as CEO

Danone has appointed former Barry Callebaut CEO Antoine de Saint-Affrique as its new chief executive officer...

20 May 2021

#Newsmaker: Yokesh Maharaj to advance Mondelez's growth in Sub-Saharan Africa

This Africa Month, we chat to Mondelez International's new president of its Sub-Saharan Africa business unit about mapping a growth strategy in Africa...

By Lauren Hartzenberg 11 May 2021

Coca-Cola Beverages Africa acquires share in Lesotho bottler

Coca-Cola Beverages Africa has announced that after some re-organisation, it has acquired Maluti Mountain Breweries' interest in the soft drinks business...

10 May 2021

Michel Doukeris to succeed Carlos Brito as AB InBev CEO

Brito will step down after 15 years as CEO and 32 years at the company...

6 May 2021

The Village Market Africa triumphs in Food Lover's Seeds of Change initiative

The Village Market Africa is the winner of Food Lover's Market's Seeds of Change Supplier Development Partnership, launched to create an opportunity for social enterprises to join the retailer's supplier network...

28 Apr 2021



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