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LATEST NEWS
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Keurig Dr Pepper secures US$7B to fund JDE Peet’s acquisition, raises 2025 sales outlook
The beverage giant strengthens its financial position and boosts annual sales forecast following major funding for its JDE Peet’s acquisition.
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Malee Group targets 15% annual growth by 2028 with focus on functional beverages, global expansion
The Thai beverage manufacturer eyes growth through innovation in functional drinks and market expansion across Asia and the Middle East.
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Kenya orders audit of KTDA tea factory loans amid farmer outcry over low bonuses
The government has directed a comprehensive review of KTDA-managed factory loans following farmer complaints over reduced bonus payments.
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Unilever reaffirms Magnum ice cream demerger for 2025 despite US government shutdown delay
Unilever confirms plans to finalize the Magnum Ice Cream Company demerger in 2025, aligning with its portfolio reshaping and growth strategy.
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South Africa lowers minimum alcohol content for spirits to 40% to align with global standards
The new amendment brings South Africa’s spirits regulations in line with international norms, easing export and import operations