Sugar & Confectionery – LATEST NEWS
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Tongaat Hullett avoids liquidation as IDC, Vision Consortium strike rescue deal
Tongaat Hulett remains in business rescue after a deal between IDC and Vision Consortium averts liquidation and secures funding to stabilize operations.
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ITC’s Fabelle launches 64% Ghana cocoa dark chocolate range
Fabelle expands its premium chocolate portfolio with a 64% dark cocoa range made from Ghana origin cocoa, targeting rising demand for richer, transparent, and lower-sugar indulgence options.
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Kenya MPs probe 27,000-tonne Kibos sugar import over safety, clearance and distribution concerns
Kenyan lawmakers have suspended processing of a 27,000-tonne sugar consignment by Kibos Sugar, citing safety concerns, missing documentation and irregular movement between key storage facilities.
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Nigeria’s ACCI urges suspension of proposed sugar-sweetened beverage tax
Business leaders call for wider consultations and a sugar-content-based tax system as concerns mount over the economic impact of Nigeria’s proposed beverage levy.
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Ferrero invests US$69.3M in France to expand Nutella production
Ferrero’s latest investment package strengthens its French manufacturing network and supports the launch of Nutella Cookies production in Europe.