LATEST NEWS
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UK Food Standards Agency lifts regulatory bottleneck on CBD-based food products
UK – The UK Food Standards Agency has published a list of more than 3,500 CBD-based food products permitted for sale to consumers. The move…
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AB InBev expands seltzer capacity with US$50m investment in St. Louis brewery
USA – Anheuser-Busch, the American subsidiary of Belgium-based brewing giant AB InBev, is investing US$50 million in its St. Louis brewery in an effort to…
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Cadbury Nigeria Plc reports 20% growth in full year revenue, supported by domestic sales
NIGERIA – Cadbury Nigeria Plc, a subsidiary of Mondelez International, has reported a 52% decline in full year profit for the period ended December 2021…
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Diageo invests US$53m in UK packaging factories to support growth of Guinness brand
UK – British multinational alcoholic beverage company Diageo is investing £40.5m (about US$53m) at its facilities in Belfast, Northern Ireland and Runcorn, England to enhance…
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South African sugar producers relieved with pause in rise of Health Promotion Levy
SOUTH AFRICA – The South African Cane Growers Association (SA Canegrowers) has welcomed the announcement by Finance Minister Enoch Godongwana of a 12-month delay in…