South Africa
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Load shedding could be the final nail in the coffin for many bakeries in South Africa: SACB Director
SOUTH AFRICA-South Africa’s inconsistent power supply combined with the impact of rising input costs have led to an 18% increase in white and brown bread…
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Baking and dairy ingredients specialist Synercore secures US$4.7M from Norfund to fund expansion plans
SOUTH AFRICA – Norfund, the Norwegian investment fund for developing countries, is investing ZAR 80M (US$4.7M) in convertible debt in the expansion plans of Synercore…
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Tiger Brands appoints Pieter Craill as new Finance Director for cereals
SOUTH AFRICA – South African packaged goods company Tiger Brands has appointed Pieter Craill as the Financial Director for cereals effective from 1 February 2023.…
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Gavin Hudson resigns as Tongaat Hulett CEO amid delayed business rescue plan
SOUTH AFRICA-Gavin Hudson has resigned as CEO of Southern Africa’s biggest sugar group Tongaat Hulett effective February 28 adding another blow to the company’s business…
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South African prices for frozen potato chips set to fall as anti-dumping duties lapse
SOUTH AFRICA-The anti-dumping tariffs on French fries placed on three European countries by the International Trade Administration Commission of South Africa (Itac) have lapsed creating…