Chesa nyamas give established restaurants food for thought

The traditional chesa nyama is shaking up the food industry. Restaurant database Zomato has seen a growth in braai joints over the past year.

But these kasi establishments are no longer limiting themselves to Dube or Garankuwa. They are moving to the suburbs and competing with more established eateries.

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Analyst warns of Walmart pull-out in Massmart

A top analyst has warned that US retail giant Walmart could lose its patience and sell its 51% controlling stake in Africa’s second largest retailer, Massmart, if the Johannesburg-based general merchandiser fails to turn around its lukewarm performance by 2018.

Shamil Ismail, an analyst at Primaresearch, has suggested that Walmart, which paid $2.5 billion to acquire Massmart in 2011, has a history of pulling the plug on its offshore investments that misfire and that Massmart was in danger of being dumped by the US retailer if it does not turn the corner in the next two years.

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Analysis: Shoprite’s success lies in close ties with suppliers

Every year, in the third or fourth quarter, Shoprite has a tradition of honouring its top suppliers, which have clung to the tailcoats of the retailer as it invaded several lucrative African markets on its way to dominating food retailing on the continent.

In the past, blue chip suppliers such as food manufacturer Tiger Brands, Procter & Gamble, Unilever, Cadbury, Kraft Foods and many others have reaped rich rewards from their close commercial association with Shoprite as Africa’s largest and most successful retailer opened more supermarkets across the continent.

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Gigantic beer merger no threat to African farmers

The world’s largest brewer, Anheuser-Busch (AB) InBev, which is proposing to merge with SAB Miller in a $110 billion deal, has re-assured 50 000 small-scale African farmers providing crops to SAB Miller that they will not see their supplies slashed due to a cost-cutting exercise that may ensue.

SAB Miller, the world’s second largest beer producer, sources about 130 000 tons of barley, cassava, maize and sorghum, from African smallholder farmers, which are used to brew various types of beer brands that are sold to consumers across the continent.

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Awards put SA wines among the world's top

The stature of South African wines has grown phenomenally, lending credence to the country’s quest to become a premier wine-making nation. This is thanks to a string of international awards garnered by the country’s premium wines and cellars in the past decade, which have served as a measure of the superior quality of some of the wines produced.

The crowning of Kanonkop estate cellarmaster Abrie Beeslaar as the world’s best winemaker of 2015 at the International Spirit Challenge in London in July, significantly boosted the image of the South African wine industry.

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