Faced with the perfect storm of climate change, Covid-19, instability and unemployment, Africa's youth are less optimistic about the future of their countries than they were two years ago - and they're even more pessimistic if they live in Rwanda, Kenya or South Africa. 27 Jun 2022
For most companies, dysfunctional supply chains are a headache and a cost. But for local warehouse owners, supply chains are a tailwind further fuelling the burgeoning growth in local manufacturing. 27 Jun 2022
France's Amethis investment fund has announced that it will sell its stake in Kenyan general retailer Naivas to Mauritius-based IBL Group. 27 Jun 2022
Mondelez International portfolio of brands. Source: Supplied
Cadbury and Oreo owner Mondelez International is set to acquire Clif Bar & Company, a US-based manufacturer of nutritious energy bars, for $2.9bn in a bid to expand its global snack bar business. 24 Jun 2022
Karen Nadasen, chair of the Ecommerce Forum of South Africa and CEO of PayU. Source: Supplied
After six years of planning, strategy and coordination, and now just 16 months since its inception, the African Continental Free Trade Area (AfCFTA) has the weight of the continent resting on its shoulders. AfCFTA will cover a market of 1.3 billion people and a gross domestic product (GDP) of $3.4tn across all 55 member states of the African Union, a World Bank report outlines. 24 Jun 2022
Source: Getty
Facing a fundamental change in market dynamics, retailers are caught between a rock and a hard place. Technology is their best bet. 24 Jun 2022
Source: Meatless Farm
South Africa's Department of Agriculture, Land Reform and Rural Development (DALRRD) has imposed a ban on "meaty" names for plant-based meat alternatives. The Department describes the use of phrases such as "mushroom biltong", "plant-based meatballs" and "vegan nuggets" as "illicit" because the products do not meet the definition of "processed meat" under the country's Regulation No.R.1283. 24 Jun 2022
Source: Tormore Scotch Whisky
Pernod Ricard has signed an agreement to sell the Tormore Scotch Whisky brand and distillery to premium spirits producer Elixir Distillers. 23 Jun 2022
The CEM Africa Summit will be returning to Cape Town after a purely virtual edition last year. Taking place on 23 and 24 August at the Century City Conference Centre, the event will play host to some of the country's premier consumer brands including McDonald's, Vodacom, Nedbank, Spar, Dischem and Superbalist. 23 Jun 2022
Grant F. Reid, the chief executive officer of food and confectionery giant Mars, will retire in September after more than eight years in the role and 34 years at the company. He will be succeeded as CEO by current Mars Petcare president Poul Weihrauch. 23 Jun 2022
Source: Edgars
Edgars has partnered with last-mile logistics company Pargo to enable nationwide click and collect. The retailer, which was acquired by Retailability in 2020, is also adding over 100 of its own stores to the growing network of over 3,000 Pargo Pickup Points - becoming the largest pickup point network in South Africa. 22 Jun 2022
Almost half of South Africa's urban population lives in townships, representing billions of rands in spending power in the vibrant and growing kasi economy. 22 Jun 2022
The Shoprite Group has launched a new business division, called Shoprite Next Capital, dedicated to capacitate and grow commercially-viable SMMEs. 22 Jun 2022
Massmart and on-demand delivery provider OneCart are planning to expand their partnership, with OneCart looking to double the number of Massmart stores available on its marketplace app by December. This expansion includes adding the Makro Crown Mines, Carnival and Wonderboom stores to the app this month, whilst selected Builders stores will be added during July. 21 Jun 2022
An engineer by profession, Mpho Mohaswa left her corporate career in the oil and gas industry to pursue the life of an entrepreneur and founded beverage company Precious and Pearl Brands, which locally manufactures growing ginger beer brand Ghemere. 21 Jun 2022
Covid-19 has made consumers rethink the way they live, according to the latest Tetra Pak Index conducted in partnership with Ipsos. The pandemic has reinforced the value consumers place on human connections, taking into account both times spent with family at home, and with extended circles outside it. Shared food and beverage experiences play a key role in these relations. 20 Jun 2022
Jacques Celliers, CEO of FNB. Source: Supplied
FNB's eBucks Rewards programme has been recognised on the world stage as it has been awarded for the Best Use of Technology and named the Regional Champion of the Year for Middle East and Africa, at the 2022 International Loyalty Awards ceremony held in London. 20 Jun 2022
Members of Swiss cooperative supermarket chain Migros have voted by a clear majority to uphold the ban on alcohol sales its health-conscious founder adopted when he set up the business in the 1920s. 20 Jun 2022
Celebrated on 5 June every year, World Environment Day aims to encourage awareness around sustainable living in an effort to celebrate, protect, and restore our planet. First observed in 1973, the day is a chance to support available, affordable, and attractive ways for people to live more sustainably. As the world celebrated World Environment Day, South Africa is celebrating National Environment Month with LG Electronics leading the charge. 17 Jun 2022
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