18 – 20 JUNE 2023
JOHANNESBURG, SOUTH AFRICA
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.
Five small local businesses have been recognised in Pick n Pay’s 2022 Small Supplier of the Year Awards, which honours the SMMEs that have excelled in the retailer’s Enterprise and Supplier Development programme this year.
Nestlé East & Southern Africa Region (ESAR) has ramped up renewable energy investment at its Babelegi manufacturing plant in Hammanskraal, which produces Nestlé Cremora and Maggi 2-minute Noodles.
The Spar group says that its newly launched on-demand delivery shopping platform SPAR2U is close to reaching critical mass, with plans to expand its operations in South Africa.
The Food Lover’s Market Group, South Africa’s largest privately-owned retailer, has invested R20m into refurbishing its Weskus Mall store in the Western Cape.
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