The Retailer

Cape Town - The cabinet has approved a draft framework for a national food control agency, President Thabo Mbeki said on Sunday.

Franschhoek - South African fruit exporters are losing out because of inefficiencies in cold storage that also threaten plans to expand exports to Asia, a senior industry official said on Friday.

INFLATION figures for June are to be released this week, and they are expected to continue on a relentless upward march ahead of the Reserve Bank’s interest rate announcement on August 14.

Simba expected volume growth to slow to single digits this year, yet investment in expanding capacity remained necessary to meet peak festive season demand, new chief executive Lauren Siebrits said on Friday.

Aggressive wage demands are likely to encourage the Reserve Bank monetary policy committee to raise rates again next month, according to Econometrix chief economist Azar Jammine.

Johannesburg - Food and healthcare company Tiger Brands said on Thursday it had acquired a 74.4% stake in Cameroon chocolate manufacturer Chococam.

Fertiliser prices had more than doubled this year, leading to expectations that maize and wheat farmers would face a substantial profit squeeze, the government's National Agricultural Marketing Council (NAMC) said yesterday.

Coca-Cola, the world's biggest soft drink maker, has reduced the size of drink cans in Hong Kong by 7 percent to rein in rising production costs driven by high raw material prices.

GROWTH is likely to slow significantly this year and next as weaker private sector investment, a global economic slowdown and falling consumer spending weigh on SA’s economy, says the Bureau for Economic Research (BER).