Higher cane deliveries and government reforms are driving Kenya’s sugar industry recovery, strengthening plans to achieve self-sufficiency and expand sugar exports.
India has ordered beverage makers to remove the “energy drink” label, tightening regulations on high-caffeine drinks in a rapidly expanding market.
Varun Beverages posted strong first-quarter earnings driven by higher sales volumes, expanded operations and international growth, while dismissing speculation about acquiring beer brand Bira 91.
South Africa is also progressing towards new trade agreements with China and India, aimed at easing tariffs and improving export market access for its citrus, including oranges.
Leadership from both parent companies expressed high confidence in Kyriacou’s operational knowledge and his ability to foster sustainable business growth.