Pioneer updates H1 trading expectations
JSE-listed Pioneer Foods expects to report double-digit decreases in earnings for the six months ended March 31. Source: Pioneer updates H1 trading expectations
Aspen’s conduct hard to swallow
The earnings growth projected by the company is unlikely to materialise as the drug pricing scandal grows Source: Aspen’s conduct hard to swallow
Not all beer and skittles for AB InBev
Even by SA standards, the past 15 months have been pretty rocky. Source: Not all beer and skittles for AB InBev
Distell tops up with Cruz Vodka
Distell says the premium-vodka category is one of the fastest-growing spirits categories in SA Source: Distell tops up with Cruz Vodka
Aspen welcomes DA-initiated price-fixing probe
Aspen Pharmacare on Monday issued a statement welcoming reports that South Africa’s Competition Commission had agreed to take up a request from the country’s official opposition to investigate alleged anticompetitive conduct by the company. Source: Aspen welcomes DA-initiated price-fixing probe
Aspen’s pricing scandal jolts investors
Price gouging fine is made public, while a report finds scant evidence that a ‘moral code’ is applied in its business dealings Source: Aspen’s pricing scandal jolts investors
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
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
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