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Shoprite sees Eastern Europe as potential market

On the drive to Shoprite’s new distribution centre at Cilmor in Brackenfell, Cape Town, two Shoprite trucks are seen heading for Langa and Nyanga townships, two of the many emerging-market communities that form part of the group’s largest mark...

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She Leads Africa launches accelerator for beauty startups

She Leads Africa has opened applications for its Dark and Lovely x SLA Beauty Accelerator, a 10-week entrepreneurship development programme aimed at supporting early-stage entrepreneurs building businesses in the beauty industry.

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Egg scare costs Dutch poultry farmers EUR33m

Europe’s contaminated egg scare has cost Dutch poultry farmers at least €33m ($39 million), according to a preliminary estimate by the government. The scare, triggered by the presence of the insecticide fipronil in eggs, has spread to 18 European ...

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DTI calls on food producers to participate in Gulfood Exhibition

The Department of Trade and Industry (DTI) is urging companies in the agro-processing sector to apply for financial support to participate in the Gulfood Exhibition, taking place in Dubai in February 2018.

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Amazon plays catch up with Chinese e-commerce giants even after push to acquire Whole Foods

As Amazon.com Inc looks to swallow US grocery chain Whole Foods, China’s tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply chains.

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Long hours often needed to satisfy taste for meat

A South African earning a minimum wage would need to work about six hours to afford a kilogram of meat. This is according to online catering marketplace Caterwings, which conducted a study on the global price of basic food items. It used the average price...

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Long4Life acquires Inhle Beverages for R360m

Long4Life, an investment holding company with a lifestyle focus, has agreed to acquire 100% of Inhle Beverages for up to R360 million in cash and shares. Inhle is a contract packaging (co-packaging) business located in Heidelberg, Gauteng, and specialises...

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Family business finds fresh fish for New World

David Jose grew up in a fishing family and is Head of Seafood at Foodstuffs, which owns the New World, PAK’nSAVE and Four Square brands. He says: “I think a lot of people have this perception that commercial fishing companies are these huge industrial...

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Australian supermarkets ban plastic bags

Supermarket giant Woolworths has announced it will implement a ban on single-use plastic bags throughout its Australian stores within the next year. A statement released by Woolworths said the company wanted to contribute to efforts that reduce plastic ba...

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What is life like in a company run by a sadhu?

Patanjali Ayurved Limited is India’s fastest growing FMCG company which in a single year, leapfrogged giants like ITC, Nestle and Tata. The company lately announced that it had doubled revenues in just a year to over Rs 10,000 crore, becoming India’s ...

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