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Cape Town mall turns waste into power and fertiliser

Cape Town mall turns waste into power and fertiliser

Property development company, Growthpoint Properties, has embarked on a partnership with Dutch green technology provider, Waste Transformers, for an innovative food waste conversion project at a Cape Town shopping mall.

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Cheap Brazilian imports threatening survival of SA’s chicken industry

Cheap Brazilian imports threatening survival of SA’s chicken industry

The steep drop in RCL Foods’ earnings is a taste of what’s to come if we don’t protect our industry and stop the onslaught….

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Pick n Pay launches dedicated space in-store to showcase its local small suppliers

Pick n Pay launches dedicated space in-store to showcase its local small suppliers

Pick n Pay has introduced dedicated shop space to promote local South African products, produced by small businesses, to customers. The ‘Meet the Maker’ showcase will be trialed in eight stores across the country over a three-month period.

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Clover deal: Don’t let political activists hamstring our economy

Clover deal: Don’t let political activists hamstring our economy

South Africa’s leading milk producer, Clover Industries, has received a generous buyout offer from MilCo SA, a consortium that is part-owned by an Israeli firm. The South African wing of the Palestinian pressure group Boycott, Divest, Sanctions has promised militant protests and ‘direct action’. We should not let activists bully us into economic decisions that harm South Africa.

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Countdown to Propak Africa 2019

Countdown to Propak Africa 2019

The importance of packaging and related industries will take centre stage next week at Africa’s ultimate packaging, food processing, plastics, printing and labelling trade exhibition, which will afford over 600 exhibitors the opportunity to showcase their latest technologies and innovations.

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SA’s meat processors give a million towards SU food safety initiative

SA’s meat processors give a million towards SU food safety initiative

The South African Meat Processors Association (SAMPA) has donated R1-million towards the activities of Stellenbosch University’s Centre for Food Safety.

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Local mushroom farmer named Pick n Pay’s Small Supplier of the Year

Local mushroom farmer named Pick n Pay’s Small Supplier of the Year

Encapsulating a wonderful success story, Peter Nyathi, the founder of Tropical Mushrooms in Magaliesburg, has been awarded Pick n Pay’s 2019 Small Supplier of the Year.

The annual award recognises the retailer’s top performing supplier from its Enterprise and Supplier Development programme. The winner is selected based on their business’ exceptional growth performance and job creation.

Nyathi has more than doubled his farm’s capacity in the last 10 years and today his 18.9-hectare farm produces over 800 tonnes of mushrooms every year.

During Tropical Mushrooms’s first full year as a small supplier to Pick n Pay (2007), just over R2.5-million worth of mushrooms was bought by the retailer. Last year alone, Pick n Pay procured over R11-million from Tropical Mushrooms for over 330 stores in the inland regions.

The road to retail

Nyathi’s dream was always to grow and produce the best mushrooms and he knew that one day he’d either run or own a business. He spent close to three years knocking on doors for funding before Absa’s Enterprise and Supplier Development Division approved his loan.

“It was difficult as I didn’t even have enough capital for a 10% deposit. But Absa believed in me and took a shareholding in my company. In 1999 we started construction on the farm and our first crop went into the market the following year,” says Nyathi.

He says that orders to small retailer stores, corner shops and distributors for hotels and catering services were steady, but the challenge was inconsistent pricing as the market was very competitive.

This prompted him to explore getting his products on shelf at supermarket chains in 2006, and soon after he became a supplier to Pick n Pay through its Enterprise and Supplier Development programme.

Limited in his production capacity, in 2008 Nyathi approached Absa again for more funding. With this, he doubled his production units and increased his employees from 64 to 110.

Looking to further expand, Absa and the Ackerman Pick n Pay Foundation approved loan funding in 2013, and Nyathi was able to further increase his production by 50% and the number of employees to 150.

By 2014, Nyathi had bought out Absa’s 31% shareholding and at the end of 2016, he had enough capacity to begin supplying another retailer.

Since 2013, Nyathi has doubled his business’ turnover.

Suzanne Ackerman-Berman, transformation director at Pick n Pay, says that big business has a major role to help small businesses, and in their case, small suppliers.

“Often entrepreneurs need that boost, be it financial or mentorship expertise, to expand and grow their business. In Peter’s case, it was financial. He knew his business well, but needed financial support to expand his business to build a sustainable future. Through our commitment to fulfill orders, he secured the funding he needed to grow.”

Community upliftment

Apart from building a strong and sustainable business over the years, Nyathi has also continued his focus on empowering and educating the Magaliesburg community.

In 2005 Nyathi opened an employee trust, funded through a grant from the Department of Agriculture’s Land Redistribution for Agricultural Development. Qualifying employees received their grants, and the trust received an 18% shareholding in the company. In 2013, he applied for another grant and increased the shareholding to 35%.

“My business was built from a human perspective with my fellow employees and in March 2018, this commitment paid off when we shared our first dividend payout together,” says Nyathi.

Tropical Mushrooms shared R1m before tax with 60 qualifying beneficiary employees of the Trust.

“It was a milestone in my life and Pick n Pay enabled the environment for this to happen. We hope we can pay out a dividend every year,” says Nyathi.

Nyathi says that through these partnerships he can continue to expand his business. “We are currently building to expand our capacity by a further 25% to grow our business still further. Absa continues to support us with along with Pick n Pay’s Enterprise and Supplier Development programme and the support of its buyers.”

“It is very good to know that someone is available to listen and support you when it is needed. It helps you run your business to the best of your ability, but it’s even more important to have a major retailer like Pick n Pay backing you,” concludes Nyathi.

Source: Pick n Pay

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SA’s Agriprotein makes global list of top clean-tech companies

SA’s Agriprotein makes global list of top clean-tech companies

Cape Town’s Agriprotein has been named among just two companies hailing from Africa in the Global Cleantech 100, a list of the 100 companies best positioned to solve the future’s clean-tech challenges and make an impact on the market.

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Afriplex gears up for SA’s cannabis explosion

Afriplex gears up for SA’s cannabis explosion

Afriplex, the Paarl-based botanicals ingredient producer, has established a dedicated cannabis laboratory to meet the requirements, it says “of the exploding cannabis industry” for high quality processing and testing in South Africa.

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Dunkin’ Donuts and Baskin-Robbins to close in SA

Dunkin’ Donuts and Baskin-Robbins to close in SA

Gaming and casino company Grand Parade Investments (GPI) is exiting its Dunkin’ Donuts and Baskin-Robbins businesses as its losing streak continued in the food market that it entered in a gamble three years ago.

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Latest Trends Reports!

Millennials not eating tuna? It’s really not about the tin openers

Millennials not eating tuna? It’s really not about the tin openers

Is there anything baby boomers won’t accuse millennials of killing off? First it was napkins, then cereal, golf, out-of-town supermarkets, raw meat, hotels, chain restaurants and now, canned tuna.

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Functional Foods & Beverages: Key Trends 2019

Functional Foods & Beverages: Key Trends 2019

As brand owners, from the giants to the smallest of startups, have found to their cost, no matter how smart your company is we are all at the mercy of trends. The power to influence them is limited. Success comes from keeping an eye on the approaching waves, and if they’re right for your brand, catching them at the right time and successfully surfing them.

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US: Pasture-raised eggs soar in popularity

US: Pasture-raised eggs soar in popularity

The bar is rising for what’s considered a happy chicken, sparking the hottest trend in the US market: the pasture-raised egg.

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The era of the mindful consumer

The era of the mindful consumer

The Waitrose & Partners Food & Drink Report 2018-19 shows how mindfulness of well-being and environment are having a huge influence on the way we shop and eat today.

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Mintel announces three global food and drink trends for 2019

Mintel announces three global food and drink trends for 2019

Mintel, the world’s leading market intelligence agency, has announced three forward-looking trends which will lead the momentum of global food and drink innovation in 2019 and beyond. And you can download a FREE comprehensive report!

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Provenance powers success at premium prices

Provenance powers success at premium prices

Provenance, authenticity and artisanal processes are transforming mainstream food-bev categories. The idea of “provenance” – having a back-story anchored in heritage and trust and perhaps made in a traditional, artisanal way – is now entering the strategies of largest companies, according to 10 Key Trends in Food, Nutrition and Health 2019, the annual trend report from New Nutrition Business.

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Whole Foods’ Top 10 Food Trends for 2019

Whole Foods’ Top 10 Food Trends for 2019

Phil Lempert, known as ‘The SupermarketGuru’, is one of America’s leading food and consumer trend-watchers and analysts. Here’s his report on what trend-setting US retailer, Whole Foods – now owned by Amazon – predicts for the F&B development in 2019.

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Catering to ‘The Adventurous Consumer’ is key for 2019: Innova Market Insights

Catering to ‘The Adventurous Consumer’ is key for 2019: Innova Market Insights

Targeting increasingly adventurous consumers, set on new discoveries and experiences, will be key to developments in the food and beverage industry in 2019, asserts Innova in its latest report on trends for 2019.

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How technology, consumer habits, industry dynamics are changing the future of food

How technology, consumer habits, industry dynamics are changing the future of food

These days, everyone is talking about the future of food, and with good reason. With population growth, climate change and technological innovations, the landscape today isn’t the same as it was yesterday and it won’t be the same tomorrow.

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Why people in rich countries are eating more vegan food

Why people in rich countries are eating more vegan food

Interest in vegan food has been booming across the rich world. Celebrity claims of veganism are everywhere: Bill Clinton and Al Gore, Serena and Venus Williams, Lewis Hamilton, Mike Tyson, Beyoncé, take your pick….The Economist takes a look at this burgeoning trend.

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Latest Food Science, Safety & Ingredients

Latest Food Science, Safety & Ingredients: More

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