Weetabix sale puts it back in cereal pack
Post acquires UK favourite from China’s Bright Food Source: Weetabix sale puts it back in cereal pack
BUSINESS DAY TV: Retailers concerned about SA’s growth outlook
https://www.youtube.com/watch?v=vZ79iGys4qQ
Retailers shift away from Africa expansion
African expansion is just not something most retailers are speaking of, says EY Source: Retailers shift away from Africa expansion
Kaap Agri’s bountiful harvest – Cape Business News
AN OLD SWARTLAND-BASED farmers’ co-operative – which a dozen years ago barely churned R30m in profits – now looks set to list on the JSE with profits of more than R210m in the year to end September 2016. Source: Kaap Agri’s bountiful harvest - Cape Business News
Pick n Pay expects full-year headline earnings to rise 15% to 20%
The firm says it is developing strong pillars for future growth by improving its customer offer across its formats Source: Pick n Pay expects full-year headline earnings to rise 15% to 20%
Consumer Goods Council of South Africa (CGCSA) reaction to the decisions by Standard & Poor’s and Moody’s
The announcement by Standard & Poor’s of a sovereign downgrade to junk status and the planned review pending downgrade by Moody’s is a disappointing indictment of policy tardiness and refusal by the government to listen to numerous calls by organised business for policy consistency and reliability. Source: Consumer Goods Council of South Africa (CGCSA) reaction [...]
Why Sovereign is back in the spotlight
Sovereign Foods moved back into the spotlight last week when its share price shot back towards its all-time high of 950c on large volume trade. Source: Why Sovereign is back in the spotlight
BUSINESS DAY TV: Out with the crown jewels and in with the food focus
https://www.youtube.com/watch?v=pJuZ1WBHTV8
Taste doubles down on food basket
Taste Holdings, which holds the local rights to iconic global brands Starbucks and Domino’s, will restructure operations and initiate another capital raise in a bid to add a stronger profit flavour to its food business. Source: Taste doubles down on food basket
Taste to focus on food in future as it mulls sale of luxury goods unit
Taste Holdings has announced a strategic restructuring that will result in the group focusing in future on food, and probably selling its luxury goods division during in 2017. Source: Taste to focus on food in future as it mulls sale of luxury goods unit