LATEST NEWS
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Favourable prices could not salvage Oceana’s earnings as it reports 12.5% decline in HEPS
SOUTH AFRICA – Oceana Group, one of Africa’s largest fishing groups, has reported an 8.1% decline in revenue for the year ended 30 September 2021…
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Probiotic beverage company Yakult to invest US$12m in modernizing Brazilian facility
BRAZIL – Japanese probiotic milk company Yakult has announced plans to invest BRL 60 million ( US$12m) in the modernization of its industrial complex located…
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FrieslandCampina invests in new PET line to accelerate transition to sustainable packaging
BELGIUM – Dutch dairy cooperative FrieslandCampina is doubling down on its sustainability agenda by investing in a new PET line in its production facility in Aalter, Belgium. …
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Danone among few companies pledging to stay in Russia amid mass exits by foreign firms
RUSSIA – French food company Danone has vowed to continue operating in Russia despite mounting pressure for foreign companies to exit the country following its…
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Mali secures US$7.1m from ARC for climate risk insurance pay-out
MALI – The government of Mali has secured US$7.1 million in climate risk insurance pay-out by African Risk Capacity (ARC). The funds channelled to the…