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Ingredion’s 2020 full year profits drop 16% due to Covid-19
US – 2020 was not an easy year for many food companies and global food ingredients manufacturer Ingredient was not an exception. The Westchester, Illinois…
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Demand for alternative proteins to foster growth of insect food and feed markets in 2021 – IPIFF
GLOBAL – The insect food and feed markets are forecast to grow this year as consumer preferences continue to shift away from animal-based proteins. The…
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Tanzania’s tea production to rise by 40% in 2020/21 season as it targets 60,000 tonnes in 2024/25
TANZANIA – Tanzania expects tea production to rise by over 40% to 40,000 tonnes in the 2020/21 season, boosted by good weather conditions. This was…
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South African Breweries appeals for ‘responsible taxation’ to aid alcohol sector’s recovery
SOUTH AFRICA – South Africa’s biggest beer maker, South African Breweries (SAB), has made an open appeal to the Treasury not to increase excise taxes…
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Seed Co International inches closer to full acquisition of Zimbabwean subsidiary
ZIMBABWE – Listed seed producing giant, SeedCo International Limited (SCIL) has finally acquired 78% stake in its local unit SeedCo Limited (SCL) enabling the company…