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Drought behind Tongaat Hulett profit fall

Tongaat Hulett, SA's largest sugar producer by market value, saw its revenue decline 5.7% to R7.6bn and net profit fall 15% to R742m for six months ended September...

17 Nov 2015

Getting a feel for the luxury market in Africa

Prestige marketing isn't just about classy shots of high-end products - you still have to follow the tried and trusted marketing methods that make people relate to your brand, especially on the continent...

By Leigh Andrews 28 Jul 2015

Tiger Brands earnings from operations reach R8.56

Tiger Brands reported "satisfactory" results for its six months to March‚ with headline earnings per share from continuing operations up 7% to R8.56.

By Nick Hedley 22 May 2014

SAB seeks African growth via larger maltings plant

The local arm of SABMiller (SAB)‚ South African Breweries' maltings division is looking to supply product to other African countries following its investments to expand capacity‚ according to the unit's general manager Thinus van Schoor.

By Nick Hedley 13 Mar 2014

Woolworths buys back African franchises

Woolworths said on Tuesday, 5 November, that it had signed agreements to purchase its franchise businesses in Botswana‚ Namibia‚ Swaziland and Ghana.

By Zeenat Moorad 6 Nov 2013

Famous Brands half-year earnings up 20% to 180c

Fast food group Famous Brands reported a 20% increase in headline earnings per share to 180c for the six months to August.

29 Oct 2013

Shoprite turnover up 10.2% for September quarter

Shoprite Holdings‚ Africa's biggest retail group‚ reported that its turnover had increased by 10.2% in the three months to September.

29 Oct 2013

Distell sees cider as means to quench thirst for growth in Africa

After two major acquisitions in international cognac and whisky brands‚ Stellenbosch-based liquor group Distell will now be prioritising the global growth of its highly-profitable cider brands.

By Marc Hasenfuss 18 Oct 2013

Premier buys Li-Lets to get other FMCG categories says Brait

The purchase of feminine hygiene brand Lil-Lets Group by Brait company Premier Foods is part of a broader strategy to expand Premier across other fast-moving consumer goods (FMCG) categories according to Brait director Sean Dougherty.

By Nick Hedley 14 Oct 2013

Quick meals for Africa

In SA, Famous Brands produces 265,000 cups of specially blended coffee a day. With 2,175 restaurants, the company, whose brands include Wimpy, Steers and Mugg & Bean, also makes 77m ice-cream cones a year. It's the big daddy of SA franchising, with a R9,7bn market capitalisation, and it wants to repeat its local success in the rest of Africa.

By Zeenat Moorad 16 Sep 2013

Crunch time for fruit exports

After 23 years in SA's R6bn fruit industry, many of them as managing director of Tru-Cape Fruit Marketing - SA's biggest producer of apples and pears - Charles Hughes is retiring without having fulfilled his ambition of gaining access to China's vast market. He blames it on the SA government.

16 Sep 2013

Spur's earnings up 22.4% to 156.64c

Spur Corporation has reported a 22.4% rise in diluted headline earnings per share to 156.64c, up from 127.95c a year ago, for the year to June‚

13 Sep 2013

Retailers hit sweet spot in Africa

Africa's scope for investment is steadily increasing and demand for more formal retail options from shoppers is following suit.

By Zeenat Moorad 26 Aug 2013

Shoprite earnings rise 11% in 'challenging' year

In what it described as a challenging year‚ Shoprite Holdings‚ reported an 11.3% increase in headline earnings per share for the year to June‚ to of 675c.

By Zeenat Moorad 21 Aug 2013

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