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There’s no better place to be in winter than on the sunny KZN South Coast where the slight drop in temperatures makes spending time outdoors that much more enjoyable. For those looking to grab a delicious meal or refreshing beverage, the Fish Eagle Café based in the stunning Crocworld Conservation Centre in Scottburgh is well …
The Proteas are ready to fight for the 2024 Ignition Group Polocrosse World Cup, having narrowly missed out on their 3rd win to Australia in 2019. With KwaZulu-Natal’s Durban Shongweni Club hosting the competition from 17 to 28 July 2024, the South African polocrosse team will enjoy a home-side advantage as they take on the …
In March 2024, a staggering 45.5% of young South Africans aged 15-34 years were reported to be jobless, according to Statistics South Africa. To drive meaningful change and reduce this crisis-level figure, both the private and public sectors have to come together and intensify their efforts to create more jobs. Shaun Lamont, Managing Director of …
As the winter chill sets in, there’s nothing quite like wrapping your hands around a steaming cup of coffee. Whether it’s the warmth seeping into your fingers or the rich aroma enveloping you, coffee is a winter staple for many. However, with the growing concern for environmental sustainability, our beloved takeaway coffee habit faces scrutiny. …
Introduction Vaping, https://www.downtownvapoury.co.za, has become a popular alternative to traditional smoking, offering a modern twist to nicotine consumption that many find appealing. The sleek design of vape devices, the wide array of flavours, and the perceived health benefits compared to smoking have contributed to its rising popularity. However, despite its prevalence, many people remain unaware …
Clearworld Suppliers along with Sanpellegrino and Acqua Panna have collaborated with the Sommeliers Academy, to introduce the pioneering Upliftment Scholarship Programme in South Africa. This initiative aims to elevate the standard of service in South African restaurants and bar venues to an international level. Administered by the Sommeliers Academy, this dynamic Scholarship Programme is designed …
Following the announcement of their multi-year partnership in March 2024, Tennis South Africa (TSA) and American Express are pleased to host the Amex Tennis Town, a fan park during The Championships, Wimbledon 2024. American Express is operated in South Africa through its licensee Nedbank. The Amex Tennis Town will be held from 5 to 14 …
With intensive training underway for the Comrades Marathon on Sunday, 9 June 2024, athletes need to retain optimum health before, during, and after The Ultimate Human Race. The good news is that athletes competing in South Africa’s biggest event on the running calendar can seek restoration from a truly South African source – Rooibos tea. …
Inflation slows in April
The Consumer Price Index, or inflation, has slightly slowed to some 5.2% in April – down from 5.3% in March and 5.6% in February.
This according to Statistics South Africa (Stats SA).
The institution said general food inflation slowed over that period except for fresh produce and hot beverages.
“On average, vegetable prices increased by 7.4% in the 12 months to April, higher than the 6.0% increase recorded in March. Vegetable products that recorded relatively high price increases include potatoes, frozen potato chips, broccoli and beans.
“The annual rate for fruit rose from 3.3% in March to 4.5%, mainly driven by higher prices for bananas and apples. Hot beverage inflation increased marginally from 11.2% to 11.4%. The rates for instant coffee and black tea remain in double-digit territory,” Stats SA said.
The inflation for bread and cereal also slowed for the 12th month in a row in April.
“The annual rate eased to 4.3% from 5.0% in March. Bread flour, cake flour, ready-mix flour, white bread, pasta, rusks, savoury biscuits and maize meal are cheaper than a year ago.
“The average price of a loaf of white bread was R18.43 in April 2024, down from R19.07 in April 2023. On the other hand, sharp price increases were recorded for rice, pizzas and pies, instant noodles and sweet biscuits. Annual rice inflation accelerated to 26.4%, the highest reading since May 2009 when the rate was 41.9%,” the institution said.
The annual rate for sugar, sweets and desserts also slowed to 16.8% in April with egg inflation also cooling for the fifth month in a row.
“[This] after peaking at 39.9% in November 2023, then receding to 25.1% in April 2024. Except for whiteners, condensed milk, Gouda cheese and fresh cream, most products in the milk, eggs and cheese category recorded lower annual rates in April. This pulled overall inflation for the category down to 8.7% from 10.1% in March,” Stats SA said. – SAnews.gov.za
NeoB
Wed, 05/22/2024 - 11:00
The Coca-Cola system, consisting of The Coca-Cola Company and its authorised bottler Coca-Cola Beverages Africa (https://www.CCBAGroup.com), has announced its intention to grow its investment in Kenya by up to $175 million over the next five years, should the business achieve its anticipated growth targets in the country.
Hosting Kenyan President H.E. Dr William Ruto at The Coca-Cola Company's headquarters in Atlanta, Sunil Gupta, CEO of Coca-Cola Beverages Africa, said, “The Coca-Cola system has been an integral part of Kenya's landscape for more than 75 years. Today, we are excited to announce our intention to strengthen this legacy through a substantial investment.”
“This investment is aimed at accelerating the Coca-Cola system's capacity and capability expansion over the next five years. Our decision to invest underscores our belief in the long-term potential of Kenya's economy,” Gupta said.
Luisa Ortega, President of The Coca-Cola Company's Africa Operating Unit, emphasized the importance of collaboration with the government to create a stable policy environment. "The Coca-Cola system has been part of communities in Kenya for more than seven decades. We are excited to continue growing our business and supporting communities across Kenya for many years to come," said Ortega.
The Coca-Cola system has a rich legacy of refreshing Africa and making a difference in the East Africa region, where it is a major employer, directly employing 10,000 people.
The Coca-Cola system also works with over 500,000 Micro, Small and Medium Enterprises across the region, giving the company a direct connection to the experiences shared by many businesses in Kenya and across the East African region.
“Our value chain supports livelihoods for over a million people in distribution, sales and other roles,” said Gupta. “We source close to 8,000 metric tons of mango puree from East African farmers. We believe in the region's potential and its ability to achieve significant growth through collaboration between public and private sectors. Our business in Kenya is centered on a local approach - we hire locally, produce locally, distribute locally and source locally.”
“We are optimistic and fully committed to Kenya's future. We foresee great social and economic advancement, and this is why we continue to invest in our Kenyan business as well as community programs that help strengthen Kenya's prosperity,” Ortega concluded.
Distributed by APO Group on behalf of Coca Cola Beverages Africa.
ISSUED BY:
Wendy Thole-Muir
Group Head of Reputation and Communication
Coca-Cola Beverages Africa
Tel: +27 83 795 8524
Email: WThole-Muir@ccbagroup.com
Clifford Machoka
Senior Director
Public Affairs
Communication & Sustainability
East & Central Africa
Coca-Cola Africa
Tel: +254 734 109 260/1
Email: cmachoka@coca-cola.com
About The Coca‑Cola Company:
The Coca‑Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company's purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca‑Cola, Sprite and Fanta. Our water, sports, coffee, and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We're constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people's lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Follow us on Instagram (https://apo-opa.co/42DbAWX), Facebook (https://apo-opa.co/4bKvZ0m) and LinkedIn (https://apo-opa.co/4bpOQ03).
About Coca-Cola Beverages Africa:
Coca-Cola Beverages Africa is the 8th largest Coca-Cola bottling partner in the world by revenue, and the largest on the continent. It accounts for over 40% of all Coca-Cola products sold in Africa by volume. With over 18,000 employees in Africa, CCBA services more than 720,000 customers with a host of international and local brands. The group was formed in July 2016 after the successful combination of the southern and east Africa bottling operations of the non-alcoholic ready-to-drink beverages businesses of The Coca-Cola Company, SABMiller plc and Gutsche Family Investments. CCBA shareholders are currently: The Coca-Cola Company 66.5% and Gutsche Family Investments 33.5%. CCBA operates in 15 countries, including its six key markets of South Africa, Kenya, Ethiopia, Uganda, Mozambique, and Namibia, as well as Tanzania, Botswana, Ghana, Zambia, the islands of Comoros and Mayotte, Eswatini, Lesotho and Malawi.
Learn more at https://www.CCBAGroup.com
Follow us on LinkedIn (https://apo-opa.co/4dfq8AC)
Prepare to indulge in the perfect pairing of your favorite drink and a refined ensemble at the polo game of your dreams. Johnnie Walker Blue Label is proud to present an unparalleled evening of luxury, style, and athletic excellence at the much-anticipated Johnnie Walker Blue Label Polo event, set to take place this June. Whisky, …
The South African Bar & Beverage Awards is now accepting nominations for the most anticipated bar categories of 2024. This year’s awards will also highlight the vital supporting industries that drive service excellence in the bar sector. The aim is to establish the Bar & Beverage Awards among the top international drinks accolades and the …