The increased allocation is expected to support food manufacturers with improved sugar supplies under a reduced 10% import duty for the next 12 months.
The former CJ CheilJedang Foods CEO will lead Refresco’s global strategy, M&A and transformation initiatives as the beverage manufacturer accelerates expansion.
The award-winning small-batch gin is rolling out across key Indian markets as DeVANS strengthens its presence in the growing premium craft spirits segment.
The partnership aims to accelerate the commercialization of Koncentra, a botanical ingredient designed to deliver sustained energy, focus and mood support without caffeine.
The proposed acquisition moves closer to completion after South Africa’s Competition Commission recommended approval, subject to public interest commitments.