LATEST NEWS
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Nestlé bows to Ukraine pressure, commits to significantly limit sales in Russia
UKRAINE – Nestlé, the world’s largest food company, has committed to further scale down activities in Russia following Ukraine’s protest for the company’s continued presence…
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PepsiCo, Beyond Meat partnership launches first plant-based snack
USA – American beverage and snack giant PepsiCo and its partner Beyond Meat have debuted their first plant-based snack made under a partnership that was first…
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KHS debuts new packaging line retrofits to wrap beverage cans in paper instead of film
GERMANY – KHS, an international manufacturer of filling and packaging equipment for the beverage and food, has introduced new packaging line retrofits that wrap beverage…
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Kakuzi nearly halved its full year profit due to 8.4% decline in sales
KENYA – Kenyan fresh food producer and exporter Kakuzi Plc, has reported a 48.6% decline in net profit to Ksh319.7 million (US$2.79m) in the financial…
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DRC based food company GoCongo acquires livestock farm PHL to boost beef value chain
DRC – GoCongo Holding SARL, an agri-food company based in the Democratic Republic of Congo (DRC), has finalized the acquisition of livestock farm, Pastorale du…