Industry News
Food Lover’s to open R100m Western Cape stand-alone flagship in October
In January this year, fresh produce retailer Food Lover’s Market broke ground on its R100m investment in Bothasig, Cape Town, marking the start of construction at the new 3,000m2 stand-alone store that’s pegged to uplift a critical link road site.
Food delivery market worth $323bn in 2022
The food delivery industry has become a lucrative opportunity for major companies in the past decade so it’s not surprising that major international brands such as Uber, Tencent, and Alibaba have invested in the food delivery industry in recent years.
Tiger Brands moves to buy first 2 MW of solar from IPPs as part of big renewables ramp-up
Food and beverage manufacturer Tiger Brands is moving to procure 2 MW of solar across four manufacturing sites as part of a broader initiative to introduce renewable energy across 35 sites by 2030 to meet 65% of its electricity requirements.
Coca-Cola: Most valuable non-alcoholic drink brand globally
Coca-Cola (brand value up 7% to $35.4bnn) is the world’s most valuable brand in the non-alcoholic drinks sector, according to the Brand Finance Non-Alcoholic Drinks 25 ranking from brand valuation consultancy, Brand Finance.
Food Lover’s Market increases renewable energy investment
Food Lover’s Market is serious about energy efficiency, investing in solar projects in many of its Distribution Centres (DCs).
In townships hungry for take-out, Delivery Ka Speed is hungry for change
The story of Delivery Ka Speed begins one ordinary night in Hammanskraal, when Godiragetse Mogajane just wasn’t much in the mood for cooking. Craving something hot, fast, and flavourful, he did what millions of South Africans do every day, and picked up his smartphone to order take-out.
Disruption as the new normal in food and bev
Phil Lewis, Infor’s VP of solution consulting EMEA looks at how food manufacturers can use technology to boost supply chain resilience in the face of ongoing disruption.
This SA start-up made $1m. in just one day!
Last month, local better-for-you soda brand, PURA Beverages, travelled to the United States to attend two of the top trade shows in the food and beverage sector, the first time post the Covid-19 pandemic. The South African team returned having secured $1 million in orders from just one day at a trade show.
South African restaurants hit Top 100 in 50 Best list
Ahead of the annual awards ceremony that will take place on 18 July, The World’s 50 Best Restaurants 2022 has announced the 51-100 ranked list.
Iconic – responsible local entrepreneurs tap into the non-alcoholic spirit market
Lungile and Anele, a husband-and-wife duo and 2 of South Africa’s homegrown entrepreneurs, shot the lights out when they fulfilled their dream to create the first 100% black-owned non-alcoholic beverage company in South Africa, delivering premium and sophisticated alcohol-free beverages for the discerning palate that are rooted in natural ingredients.
SA youth get a leg up at Famous Brands
Famous Brands, the owner of Steers, Wimpy and Mugg & Bean, has partnered with the Youth Employment Service (Yes) to provide South African youth with access to job opportunities and training within the company.
Achieving brand success in SA’s dynamic township market – report
Almost half of South Africa’s urban population lives in townships, representing billions of rands in spending power in the vibrant and growing kasi economy.
The Pandemic Shook the Food and Beverage Industry. Here’s How It’s Recovering.
In this period of recovery, learn how transnational food and beverage companies have numerous opportunities not only for revival but also for unprecedented growth.
Young man’s idea pays off: the story of Lindo’s Fast Food
Lindokuhle Msomi is a 29-year-old who used his Covid grant to start a small fast food stall near his home in KwaMashu. He now has a fully fitted kitchen and big plans to grow his business.
Libstar on the lookout for innovative food businesses to incubate
South African JSE-listed food producer Libstar is on the hunt for well-established, food-focused small businesses to partner with through its new Libstar Nova division.
