Township e-commerce startup Yebo Fresh secures R78m to fuel expansion
South African township-focused food and grocery delivery service Yebo Fresh has secured R78m with a pre-series A equity investment and a Jobs Fund grant.
South African township-focused food and grocery delivery service Yebo Fresh has secured R78m with a pre-series A equity investment and a Jobs Fund grant.
Diageo Kenya, a unit of Diageo Plc, has received regulator approval to buy an extra 14.97% stake in Kenya’s East African Breweries, it said on Friday, 27 January.
Food systems, from production to consumption, are complex in nature and require coordinated efforts at different levels. Food systems are the public policy decisions, the national and global supply chains and the public or private individuals and groups that influence what we eat.
Mounting consumer awareness and consumption of proteins from sustainably-derived sources is driving the growth of the global protein alternatives market.
Wines of South Africa’s (WoSA) latest report has revealed that despite a decline of 5% in wine export volumes, the South African wine industry remains focused on its road to recovery following the pandemic.
Growing consumer demand for nutritionally-rich and convenient beverages that are thought to boost overall health is a major factor driving the dairy drinks market in South Africa.
The Food and Agriculture Organization of the United Nations (FAO) has reported that the measure of changes in world food commodity prices remained largely steady in November, with declining international prices of cereals, meat and dairy products offsetting increasing quotations for vegetable oils and sugar.
South African beverage company Bos Brands has secured additional growth equity from an investment consortium to fund the expansion of the Bos Ice Tea brand into the UK from its established base in Europe.
Tiger Brands reported a 51% jump in full-year earnings on Friday, 2 December, as South Africa’s largest food producer benefited from a strong second-half recovery and price hikes.
The Shoprite Group is the first South African retailer to pilot a heavy-duty electric truck as part of its fleet, and 28-year-old Robin Jooste from Colorado Park, Mitchells Plain has been selected to drive it.