Venezuela

As previously predicted by BMI the seizure of assets belonging to Gruma by the Venezuelan government looks set to be made permanent after the socialist government issued a decree solidifying... 2010-05-21

Our short-term outlook for food and drink spending in Venezuela is poor. Unlike many of its regional peers Venezuela is struggling to escape from recession and we are forecasting an... 2010-05-18

The Venezuelan government of Hugo Chávez has taken more steps towards nationalising the country's food industry with decrees to seize three privately-owned sugar mills and five plots... 2010-04-30

France-based Casino has sold its 80% stake in Venezuelan retailer Cativen to the government of Hugo Chávez. In what has been described as a 'friendly' agreement the group's six Exito... 2010-02-16

The Venezuelan government temporarily shut 70 retails outlets in the second week of January in a bid to prevent price-hikes following a devaluation of the currency. The 70 closures... 2010-01-13

Mexican food producer Gruma has announced that the Venezuelan government of Hugo Chávez has taken temporary control of one of its two Venezuelan subsidiaries. Gruma has revealed... 2010-01-04

Colombian coffee roaster and coffee shop operator Café Oma has revealed that its sales in Venezuela have been hit by a decision to apply pricing regulations to speciality coffee.... 2009-12-21