LATEST NEWS
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United Spirits’ Board approves sale of all equity shares in Sovereign Distilleries, Q3 profits dip by 64.4%
INDIA – The board of directors of United Spirits Limited (USL), a subsidiary of British multinational alcoholic beverage company, Diageo, has approved the sale of…
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Ingredients specialist Loryma launches Wheat-based binder to optimize meat processing
GERMANY – Ingredients specialist Loryma has developed halal-certified, wheat-based binding ingredients which give sliced and minced meat rotisserie skewers “the desired cut strength and stability.”…
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Tanzania’s tea firm Rift Valley Tea Solution properties auctioned for failure to remit employee’s pension contribution
TANZANIA – Dodoma-based tea processor, Rift Valley Tea Solution, has suffered a blow after its properties have been auctioned for failure to remit employees’ monthly…
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Dough Works Limited opens 8th KFC and 9th Pizza Hut outlets in Dar es Salaam
TANZANIA – Dough Works Limited (“DWL”), the sole franchisee owners for two global Quick Service Restaurant (“QSR”) chains Pizza Hut & KFC in Tanzania, has…
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Castel acquires Algeria’s Alver glass factory to bolster sustainability drive of reducing plastic usage
ALGERIA – French beverage company, Castel, has strengthened its diversification strategy by developing green and local production with the acquisition of a 100% of the…