Latest News

EAC trailing in exportation of bananas

Uganda and Tanzania consume 50% of bananas grown in Africa, but realise only nine percent of the potential yield due to poor productivity due to pests and diseases. The two countries do not feature among the leading exporters of the food crop because of l...

Read more

Nigeria’s TradeDepot secures $3m Series A round – Disrupt Africa

Founded in 2016 by Michael Ukpong, Onyekachi Izukanne, Ruke Awaritefe, TradeDepot has developed a 360° solution integrating all participants in the trade value chain – manufacturers, distributors and retailers. It has been adopted by first rank FMCG co...

Read more

FMCG makers expect spike in rural sales after a good monsoon prediction

A good monsoon, as predicted by the IMD, this year augurs well for demand growth in rural markets and will drive overall sales, according to homegrown FMCG companies Dabur and Emami. The FMCG companies are expecting an improvement in the sentiment and a p...

Read more

ITC explains how it plans to diversify business through FMCG bold play

Virginia House, on Kolkata’s Chowringhee, is always a pretty picture in the evening, as the setting sun washes its white facade. The five-floor heritage building faces the inviting greens of the Kolkata Maidan. Just behind the 90-year-old headquarters o...

Read more

Kenya’s MoBar Delivery brings alcohol to your door

Launched late last year and available on iOS, Android or Web, MoBar Delivery has already partnered with major alcohol distributor Jeyfine Wines, built up a monthly user base of 1,500 people, and earned over KES3.5 million (US$35,000) in revenue.

Read more

China’s appetite for macadamias fuel SA industry

The demand for macadamia nuts in China is on the rise and has local farmers feeling optimistic. And for good reason. China has increased its nut consumption in recent years and is currently South Africa’s fastest growing importer, importing up to 40...

Read more

Clothing Retailers Are Finally Catching Some Breaks

The future of traditional clothing retailers has looked cloudy at best for many years now. Department stores and specialty apparel have been pummeled by fast-fashion chains and off-price competitors such as TJX Cos. And many did a poor job of enticing con...

Read more

Manufacturing Indaba 2018 and Africa’s drive towards a manufacturing revival

South Africa has developed an established, diversified manufacturing base that has shown its resilience to compete in the global economy, but more needs to be done to support Manufacturing. Manufacturing presents an opportunity to significantly accelerate...

Read more

Shoprite and France’s Carrefour go toe-to-toe in Kenya

Shoprite has the advantage in the short term, but as Kenya’s middle class grows, Carrefour will become stiffer competition, BMI Research said in a note e-mailed on Wednesday morning. BMI estimates the number Kenyan households with disposable incomes...

Read more

Coca-Cola SA Commits to R3.9 Billion Spend with Black-owned Companies

Coca-Cola Beverages SA (CCBSA) is committing to divert R3.9 billion in procurement spend, or 30% of the total, to black-owned and black women-owned organisations over the next three years.

Read more