LATEST NEWS
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Danone to trim product portfolio to remain competitive in an inflation ridden global economy
FRANCE – French multinational food group, Danone is trimming down the variety of products it sells to remain competitive in a global economy where inflation…
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Coke Canada Bottling invests US$32.5m in capacity expansion projects to meet growing demand in British Columbia
CANADA – Coke Canada Bottling, the Canadian franchise bottler for Coca-Cola, has announced an investment of close to CAD42 million (US$ 32.58M) in its Lower…
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Lever China invests in six alternative protein startups to bolster China’s food system
CHINA – Lever China has invested in six alternative protein companies in an effort to build an innovative, healthier, diversified, and sustainable food system. Based…
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Tongaat yet to fill debt hole as it cancels deal with Magister, rejects offer for Mozambican assets
SOUTH AFRICA – Embattled sugar producer Tongaat Hulett has called off its recapitalization deal with Mauritius-based Magister Investments. In 2021, Magister committed to underwriting R2…
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South Africa based Country Bird expands chicken production capacity to meet high demand
SOUTH AFRICA – Country Bird Holdings, a dynamic agricultural business in Southern Africa, has inaugurated its expanded Supreme Chicken Tigane chicken production facility in Hartebeesfontein,…