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.
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.
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 (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 is serious about energy efficiency, investing in solar projects in many of its Distribution Centres (DCs).
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.
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.
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.
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.
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.
In this period of recovery, learn how transnational food and beverage companies have numerous opportunities not only for revival but also for unprecedented growth.
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.
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.