May 2023
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Increased duty-free sugar imports fail to moderate soaring retail prices
KENYA – In 3 months from January, Kenya has had a sharp increase in sugar imports, moving to 93,000 tonnes against 46,000 in a similar…
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Find alternative means to fund Kenya Tea Development Agency, tea farmers ask the government
KENYA – Smallholder tea factories in Kirinyaga have requested the government of Kenya to find alternative funding for Kenya Tea Development Agency Management Services (KTDA-MS)…
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Heineken to keep Namibia Breweries Limited on the Namibian Stock Exchange despite merging with Distell
NAMIBIA – Heineken, the second largest brewer in the world, intends to keep Namibia Breweries Limited (NBL) on the Namibian Stock Exchange, with 40% of…
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PepsiCo appoints Riaan Heyl as new CEO for South African unit
SOUTH AFRICA – American multinational food and beverage corporation, PepsiCo has appointed Riaan Heyl as the new chief executive officer of its South African unit,…
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Lato milk brand launches energy drink fortified with Vitamin B
UGANDA – Pearl Dairy Farms, Uganda’s leading milk processor, has expanded out of the dairy space into the soft beverage sector with the launch of…