SA Food Review

Business Talk

13 Jun 2018

Bosch strengthens operations in Africa with acquisition of Hytec

The Bosch Group is strengthening its business in Africa and further expanding its industrial technology portfolio on the continent. Effective 28 February, Bosch Rexroth AG has acquired all shares in Hytec Holdings, Johannesburg, South Africa. Hytec specialises in the marketing of hydraulic and automation solutions, and is the leading company in the field in sub-Saharan...
31 May 2018

Overcoming African manufacturing challenges

Manufacturers based in South Africa often face unique and intricate operational challenges. From labour unrest to an unstable electrical grid, water shortages, harsh conditions and asset risks, there are various factors to consider, and strategic management is essential. With the right technology, however, these challenges can be overcome for a profitable, seamlessly run manufacturing plant.
29 May 2018

EXEO Capital backs Zambian foods distributor

Africa-focused private equity manager, EXEO Capital, has announced an investment of USD 6.4m into Capital Fisheries – a market-leading Zambian food distributor that specialises in the cold-chain distribution of animal proteins. Concluded at the end of April 2018, the investment was made by EXEO Capital’s Agri-Vie Fund II – a private equity fund focused on...
10 May 2018

IFF to combine with Frutarom

International Flavors & Fragrances Inc. and Frutarom announced that they have entered into a definitive agreement under which IFF will acquire Frutarom in a cash and stock transaction valued at approximately $7.1 billion, including the assumption of Frutarom’s net debt. Under the terms of the agreement, which has been unanimously approved by the Boards of...
03 May 2018

The future’s smartest supply chains will leverage blockchain

‘I envision blockchains as the orchestrator of the supply chain process, where supply chain events – or transactions – can originate from applications as well as ‘things’. A smart contract will determine the next action to be conducted along the supply chain, based on blockchain transactions linked to the contract.’
16 Apr 2018

Imperial Logistics gives Pick n Pay a competitive edge

A mobile enabled, completely integrated delivery management solution has delivered business growth, increased market share and greater customer satisfaction for Pick n Pay.
29 Mar 2018

Willowton Group to absorb VAT increase

Leading southern African fast-moving consumer goods company processor and distributor, Willowton Group announced that they will absorb the one percentage point increase in the value added tax rate for three months (April, May and June 2018) effectively shielding their valued consumers from the VAT increases announced recently in the national budget.
27 Mar 2018

Development programme launched to boost Eastern Cape exports

The Nelson Mandela Bay Business Chamber in partnership with the Eastern Cape Development Corporation (ECDC) has launched a new one-year Exporter Development Programme as part of an enterprise development strategy to empower business owners and companies.
12 Feb 2018

Migiva Group and OZblu to provide global market with superior blueberry varieties

Migiva Group and OZblu announced that they signed a joint venture agreement combining their skills and strengths to form OZblu America, which will bring to market a superior blueberry consumer experience, through production and delivery of exclusively patented varieties that offer nuanced flavours of sweeter, juicier, and crunchier blueberries.
05 Feb 2018

Jörg Pieper appointed new CEO of Romaco

Jörg Pieper has just been appointed new CEO of Romaco with immediate effect by the Advisory Board of Romaco Holding. Truking Investment Co, based in Changsha (China), acquired a majority interest in Romaco at the beginning of July 2017.

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