Industry Developments

Ongoing strengthening in consumer spending in Zimbabwe continues to be reflected in the headline sales outlooks put forward by some of its leading food and drink companies. Innscor,... 2010-09-22

SABMiller's Chief Executive Graham Mackay has admitted that the firm will 'have a look at Foster's'. A planned de-merging of Foster's beer and wine businesses is expected to be completed... 2010-09-22

Nigerian grocery retail sales are set to grow immensely off a very low base over the next few years. Headline mass grocery retail sales are forecast to grow at annual rate of 42% to... 2010-09-21

Heineken is to place a greater emphasis on growing its inherited wine business in Egypt. Very rarely associated with wine, Heineken bought into wine when it acquired the diversified... 2010-09-20

We see per capita beer consumption growing from about 8.5 litres in 2010 to about 10 litres by 2014, taking into account anticipated population growth. While Ghana's beer industry has... 2010-09-17

Currently valued at about US$25bn, South Africa's mass grocery retail (MGR) industry bears little resemble to that of the wider African continent. Dominated largely by domestic retailers,... 2010-09-16

Food consumption is set to grow strongly in Saudi Arabia over BMI's forecast period to 2014, with annual per capita growth of 6.5% expected. Coming off a lower base than the highest... 2010-09-14

Leading South African retailer Pick 'n' Pay looks set to increase its exposure to re-emerging Zimbabwe with reports suggesting it will increase its equity in the domestic retailer TM... 2010-09-13

Shoprite is playing a waiting game in Zimbabwe. Africa's largest retailer by market capitalisation and its most diversified geographically (with 71 stores in 16 markets outside South... 2010-09-10

Nestlé's Nigerian subsidiary looks set for strong long-term growth. With FY10 annual sales expected to surpass US$500mn, it is one of Nigeria's largest food and drink companies, alongside... 2010-09-09