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Sugar & Confectionery – LATEST NEWS
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Kenya’s sugar prices climb despite record first-half production
Rising retail prices highlight disconnect between stronger mill output and consumer costs.
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Singapore confectionery retailer introduces first in-house chocolate brand
Singapore confectionery retailer enters chocolate manufacturing with locally inspired Kaki’s range.
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Ferrero expands into premium breakfast foods with Purely Elizabeth acquisition
Confectionery giant strengthens its breakfast portfolio as demand grows for premium cereals and nutrient-rich ingredients.
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Hippo Valley Estates’ domestic sugar sales rise 8% as exports face trade restrictions
Hippo Valley Estates says stronger local demand is offsetting export challenges, while lower sugar production and counterfeit imports continue to weigh on first-quarter operations.
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Dangote Sugar raises US$358.6M in fully subscribed rights issue
Strong shareholder demand has provided Dangote Sugar with fresh capital to strengthen its balance sheet and advance its large-scale domestic sugar production programme.