Business Talk | SA Food Review

27 Jun 2016

Source local, feel lekker

While it may be tempting for big food franchises entering South Africa to import their goods from suppliers in their ‘head office’ country, there are many good reasons to set up a strong, effective local supply chain. From product quality to sustainability, from speed-to-market to managing costs and creating local employment opportunities.

24 Jun 2016

GEA successfully completes acquisition of Hilge

After approval by the relevant antitrust authorities, GEAhas successfully completed the acquisition of Hilge,a leading supplier of hygienic, stainless steel pumps for food and beverage applications. The company is based at Bodenheim, Germany.

21 Jun 2016

New owner for Maverick’s engineering and flexibles operations

Liqui-Box, a world leader in flexible liquid packaging solutions, announced in June 2016 that it has signed a definitive agreement to acquire both the engineering and flexible operations of Maverick, based in Cape Town, South Africa.

30 May 2016

Rational designs - misunderstood fire design solutions

Inhaling five breaths in a smoke filled room can lead to death. It is imperative for buildings to be designed to allow for safe escape and the control of fire and smoke, as a minor design flaw could potentially put people, equipment and property at risk.

23 May 2016

Loan demand hints at growing drought distress

The demand for Land Bank’s recently announced drought relief concessional loans which the state-owned, specialist land and agricultural bank raised from the Industrial Development Corporation (IDC) is surging. This is as record breaking drought conditions continue to cause widespread devastation to agricultural crops and livestock.

20 Apr 2016

Weak Rand drives foodservice innovation

Rand weakness is driving a wave of innovation across the South African food manufacture and distribution sector as B2B customers refuse to compromise on quality, no matter how intense supply-side pricing pressures become.

29 Mar 2016

Technology at the heart of the cold chain

The movement of perishable goods globally needs improved and more cost effective ways in order not to compromise the cold chain, and ultimately product safety. The greater the physical separation between point A and point B, the more likely that freight can be damaged due to kinks and temperature changes.

29 Mar 2016

Five SA sectors that should be using Big Data

As corporates increasingly harness the power of Big Data analytics to improve productivity, gain market share and a competitive edge, there are sectors that are lagging behind by not fully capitalising on data to produce actionable insights.

24 Mar 2016

Substantial increase in revenue for Grand Parade

Grand Parade Investments Limited (GPI), the active empowerment investment holding company with investments predominantly in the food, gaming and leisure sectors, increased revenue by 53 per cent to R363.2 million in the six months to end December as the group intensified execution of its strategy in the food industry.

24 Mar 2016

Impact of possible interest rate hike on agriculture and SMEs

A further hike in interest rates, whether it takes effect now or later during the year, would put more pressure on consumers, leaving businesses with no choice, but to absorb costs in the short-term as profit margins continue to shrink. Farmers that are still recovering from the impact of the drought would be hardest hit by a hike in interest rates given that the electricity tariff increase and tyre levy are coming into effect in April and October respectively.

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