Coronavirus

Restrictions on the sale of alcohol have cut into Distell sales over the past six weeks.

 

Alcohol ban strengthened to prohibit its transport, cigarette ban remains

The prohibition against the buying and selling of wine, beer, spirits and tobacco products was instituted at the start of the lockdown in late March.

 
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Distell To Consolidate Core Wine Brands, Sell Some ‘ultra-premium’ Assets

Distell announced on Monday that it will consolidate its core wine brands and capabilities to focus on growth in mainstream and accessible premium segments.

 

Aggressive Price Cuts From Competitors Hit Owner Of Bakers Biscuits And Five Roses

Food and beverage company AVI battled with a tough trading environment and load shedding which cost its headline earnings.

 
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Workers Set To Benefit In Pepsico-pioneer Deal

The issue of voting rights by South African employees in a proposed R24.4 billion merger between the US food and beverage company PepsiCo and Pioneer Foods came under the spotlight on Thursday in a Co

 

Competition Commission Gives Nod To Pepsico Takeover Of Pioneer Foods

The Competition Commission has recommended that the Competition Tribunal give the green light to a R24bn transaction that will see PepsiCo take over Pioneer Foods, subject to conditions that will see

 
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When David Decides To Challenge Goliath

Heineken SA has experienced tremendous growth in a market dominated by SAB. finweek spoke to the company’s managing director about this success and plans to continue driving competition in the secto

 

Pics: Fancy Owning A Boutique Wine Farm? Here’s What Buyers Are Paying

Opting for a boutique wine farm might be the way to go, according to Kevin Layden, the Seeff Property Group' agent for farms in the Stellenbosch and Boland areas.

 
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Five Roses Tea, Bakers Biscuits Parent Company Avi Under Pressure As Consumers Follow Discounts

AVI, the parent company of brands Five Roses tea and Bakers biscuits, has warned that its headline earnings per share could be between 3% and 5% lower.

 

Pics: What It’s Like To Retire In Style

These places give new meaning to the term "golden years". And no fewer than four of the five top retirement villages listed in the 2019 Estate Ratings report by New World Wealth are in the Western Cap

 
 
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