Dairibord steps up solar investment, local supply to secure operations
Milk processor Dairibord Holdings is strengthening its investment in energy security and local supply chains as the food processor moves to reduce the impact of power disruptions on production.
Dairibord posts US$82m H1 revenue as sales surge 26% on strong domestic demand
Milk processor Dairibord Holdings recorded a 28 percent increase in revenue to US 82.559 million for the first half to June 2026 as sales grew 26 percent to US$78.27 million on the back of strong domestic demand across all product portfolios.
PepsiCo earnings miss estimates as consumers tighten their budgets
PepsiCo on Thursday reported mixed quarterly results as the struggles of its North American food and beverage divisions offset strong international demand.
Varun Beverages secures 10-year PepsiCo deal, as revenue hits $2.4 billion in Africa
Varun Beverages, which recently commissioned a $20 million snack manufacturing plant in Zimbabwe, is doubling down on Africa’s fast-growing consumer market after signing a fresh 10-year extension of its bottling agreement with PepsiCo following $2.4 billion in annual revenue and a rapid expansion across seven African countries.
Varun Beverages buys iconic SA company for R2.1 billion
Varun Beverages Limited is the parent company of Varun Beverages Zimbabwe, a major PepsiCo franchisee manufacturing and distributing soft drinks and snacks – Pepsi, Mirinda, 7Up, Sting, Lay’s and Doritos – in Zimbabwe.